ScannersStrategies

Pivot Volume Breakout

The strategy takes a long position when price trends upward and crosses fibonacci resistance line and the current volume increases significantly

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Close(0) crosses above Pivot point(r1,fibonacci,No) and Volume(0) crosses above Moving average(volume,20,simple,0)

BUY 100 shares when Close(0) crosses above Pivot point(r1,fibonacci,No) and Volume(0) crosses above Moving average(volume,20,simple,0) at 5min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL 100 shares at stop loss % of 1 or target profit % of 2 at 5min 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

    BPCL

  • NSE

    EICHERMOT

  • NSE

    HCLTECH

  • NSE

    HEROMOTOCO

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NESTLEIND

  • NSE

    POWERGRID

  • NSE

    SBILIFE

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TITAN