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Sell EMA Cross 26 8 RSI 5 min top bank

A bearish strategy that alerts when short term moving averages indicates a downtrend confirmed by RSI

Order Type

CNC/NRML

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, EMA(open, 26, 0) crosses above EMA(close, 9, 0) ) and Multitime frame(5min, RSI(14,0) higher than 35 )

SELL 100 shares when Multitime frame(5min, EMA(open, 26, 0) crosses above EMA(close, 9, 0) ) and Multitime frame(5min, RSI(14,0) higher than 35 ) at 5min candle interval using Candlestick chart chart. Enter trade between 09:20 to 23:59

Exit Conditions

BUY 100 shares at stop loss % of 1 or target profit % of 1 at 5min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

1

Stocks

  • INDICES

    NIFTY BANK

  • NSE

    AXISBANK

  • NSE

    HDFCBANK

  • NSE

    ICICIBANK

  • NSE

    INDUSINDBK

  • NSE

    KOTAKBANK

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    SBIN