ScannersStrategies

SMA EMA Pair With ADX

The short strategy uses a combination of simple and exponential moving averages to gauge a downtrend.

Order Type

CNC/NRML

Position Type

SELL

Time Frame

day

Entry Conditions

EMA(close, 34, 0) lower than SMA(low, 20, 0) and ADX(13,0) higher than 25

SELL 100 shares when EMA(close, 34, 0) lower than SMA(low, 20, 0) and ADX(13,0) higher than 25 at day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 100 shares at stop loss % of 5 or target profit % of 6 at day candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

6

Stocks

  • NSE

    ADANIENT

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    ADANIPORTS

  • NSE

    APOLLOHOSP

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    ASIANPAINT

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    AXISBANK

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    BAJFINANCE

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    DRREDDY

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    EICHERMOT

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    HDFCBANK

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    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    INDUSINDBK

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    INFY

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    KOTAKBANK

  • NSE

    NESTLEIND

  • NSE

    SHRIRAMFIN

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    SBIN

  • NSE

    TCS

  • NSE

    TECHM