Opening Range Confirmed Pivot Breakout

In this strategy, the Opening Range condition is used to check for bullish intraday behavior of the stock and then the Pivot point condition is used to trigger entry on further confirmation.

Entry Conditions

Close(0) higher than Opening Range(High,hour) and Close(0) crosses above Pivot point(r1,standard,No)

BUY 100 shares when Close(0) higher than Opening Range(High,hour) and Close(0) crosses above Pivot point(r1,standard,No) at 3min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below Prev N(Low,-1,hour)

SELL 100 shares when Close(0) crosses below Prev N(Low,-1,hour) or at stop loss % of 1 or target profit % of 2 at 3min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

Stocks

• NSE

  ADANIENT

• NSE

  ADANIPORTS

• NSE

  APOLLOHOSP

• NSE

  ASIANPAINT

• NSE

  AXISBANK

• NSE

  BAJAJ-AUTO

• NSE

  BAJFINANCE

• NSE

  BAJAJFINSV

• NSE

  BEL

• NSE

  BHARTIARTL

• NSE

  CIPLA

• NSE

  COALINDIA

• NSE

  DRREDDY

• NSE

  EICHERMOT

• NSE

  ETERNAL

• NSE

  HCLTECH

• NSE

  MAXHEALTH

• NSE

  ICICIBANK

• NSE

  ITC

• NSE

  INDIGO

• NSE

  JSWSTEEL

• NSE

  JIOFIN

• NSE

  KOTAKBANK

• NSE

  MARUTI

• NSE

  NESTLEIND

• NSE

  POWERGRID

• NSE

  SBILIFE

• NSE

  SBIN

• NSE

  TCS

• NSE

  TATACONSUM

• NSE

  TMPV

• NSE

  TECHM

• NSE

  TITAN

• NSE

  ULTRACEMCO

• NSE

  WIPRO