ScannersStrategies

RSI MACD Short

A short position is taken by the strategy when a strong downtrend is indicated by MACD and RSI.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, RSI(14,0) lower than 70 ) and Multitime frame(5min, MACD(12,26,9,macd,0) crosses below MACD(12,26,9,signal,0) )

SELL 1 share when Multitime frame(5min, RSI(14,0) lower than 70 ) and Multitime frame(5min, MACD(12,26,9,macd,0) crosses below MACD(12,26,9,signal,0) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 2.5 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

2.5

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

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DIVISLAB

  • 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

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO