ScannersStrategies

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

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

    BHARTIARTL

  • NSE

    BRITANNIA

  • NSE

    COALINDIA

  • NSE

    DIVISLAB

  • NSE

    DRREDDY

  • NSE

    HDFCBANK

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    ICICIBANK

  • NSE

    ITC

  • NSE

    INDUSINDBK

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO