ScannersStrategies

SS 3

Order Type

MIS

Position Type

BUY

Time Frame

5min

Entry Conditions

Multitime frame(hour, Moving average(close,5,simple,0) crosses above Moving average(close,23,simple,0) ) higher than Multitime frame(hour, Moving average(close,55,simple,0) )

BUY with max allocation 4600 shares when Multitime frame(hour, Moving average(close,5,simple,0) crosses above Moving average(close,23,simple,0) ) higher than Multitime frame(hour, Moving average(close,55,simple,0) ) at 4600 candle interval using Candlestick chart chart. Enter trade between 09:21 to 15:20

Exit Conditions

Multitime frame(hour, Moving average(close,5,simple,0) crosses below Moving average(close,23,simple,0) ) lower than Multitime frame(hour, Moving average(close,55,simple,0) )

SELL with max allocation 4600 shares when Multitime frame(hour, Moving average(close,5,simple,0) crosses below Moving average(close,23,simple,0) ) lower than Multitime frame(hour, Moving average(close,55,simple,0) ) or at stop loss of 5% or target profit of 30% with a Trailing SL % of 5 at 4600 candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

30

Stocks

  • NFO-OPT

    BANKNIFTY2422145800CE

  • NFO-OPT

    BANKNIFTY2422145800PE

  • NFO-OPT

    FINNIFTY2422020500CE

  • NFO-OPT

    FINNIFTY2422020500PE

  • NFO-OPT

    NIFTY2422221800CE

  • NFO-OPT

    NIFTY2422221800PE