ScannersStrategies

Positive Rate of Change

The strategy initiates a buy position when the Rate of Change of Price becomes positive and the stock is above a resistance level. Suitable for bullish trending markets.

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Close(0) higher than Pivot point(r1,standard,No) and Proc(close,14,0) crosses above Proc MA(close,14,simple,20,0)

BUY 100 shares shares when Close(0) higher than Pivot point(r1,standard,No) and Proc(close,14,0) crosses above Proc MA(close,14,simple,20,0) at 5 minutes candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below Pivot point(pp,standard,No)

SELL 100 shares shares when Close(0) crosses below Pivot point(pp,standard,No) or at stop loss of 1% or target profit of 4% at 5 minutes candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

4

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    ICICIBANK

  • NSE

    INDUSINDBK

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    TATACONSUM

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TRENT

  • NSE

    WIPRO