PSAR Bearish Momentum

The strategy will first check for bearish momentum and then a sell position will be taken when the momentum also turns bearish. The strategy exits the position when momentum turns bullish. The strategy is suitable for bearish trending markets.

Order Type

MIS

Position Type

SELL

Time Frame

15min

Entry Conditions

Multitime frame(15min, Close(0) lower than Parabolic SAR(0.02,0.2,0) ) and Multitime frame(15min, MACD(12,26,9,macd,0) crosses below MACD(12,26,9,signal,0) )

SELL 1 share when Multitime frame(15min, Close(0) lower than Parabolic SAR(0.02,0.2,0) ) and Multitime frame(15min, MACD(12,26,9,macd,0) crosses below MACD(12,26,9,signal,0) ) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

MACD(12,26,9,signal,0) crosses above MACD(12,26,9,signal,0)

BUY 1 share when MACD(12,26,9,signal,0) crosses above MACD(12,26,9,signal,0) or at stop loss % of 1 or target profit % of 2 at 15min candle interval using Candlestick chart chart.

Stop Loss

Target Profit

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
HDFCBANK
NSE
HDFCLIFE
NSE
HEROMOTOCO
NSE
HINDALCO
NSE
HINDUNILVR
NSE
ICICIBANK
NSE
ITC
NSE
INDUSINDBK
NSE
INFY
NSE
JSWSTEEL
NSE
KOTAKBANK
NSE
LT
NSE
M&M
NSE
NTPC
NSE
NESTLEIND
NSE
ONGC
NSE
RELIANCE
NSE
SBILIFE
NSE
SHRIRAMFIN
NSE
SBIN
NSE
TATACONSUM
NSE
TATASTEEL
NSE
TECHM
NSE
TITAN
NSE
WIPRO