ScannersStrategies

SMA Short Band

A short position is taken when stock trades below a short and medium term moving averages indicating a downtrend.

Order Type

MIS

Position Type

SELL

Time Frame

hour

Entry Conditions

Multitime frame(hour, Close(0) crosses below SMA(close, 35, 0) ) and Multitime frame(hour, Close(0) lower than SMA(close, 5, 0) )

SELL 1 share when Multitime frame(hour, Close(0) crosses below SMA(close, 35, 0) ) and Multitime frame(hour, Close(0) lower than SMA(close, 5, 0) ) at hour candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

Multitime frame(hour, Close(0) lower than SMA(close, 150, 0) ) and Multitime frame(hour, Close(0) crosses below SMA(close, 350, 0) )

BUY 1 share when Multitime frame(hour, Close(0) lower than SMA(close, 150, 0) ) and Multitime frame(hour, Close(0) crosses below SMA(close, 350, 0) ) or at stop loss % of 5 or target profit % of 10 at hour candle interval using Candlestick chart.

Stop Loss

5

Target Profit

10

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

    ITC

  • NSE

    INDUSINDBK

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NESTLEIND

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    SBIN

  • NSE

    TCS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO