ScannersStrategies

Supertrend with DI

The strategy takes a long position when the strength of bulls becomes stronger than the strength of bears and the price trends upward. The strength is gauged by the positive directional index crossing above the negative directional index the price trend is confirmed by a bullish Supertrend.

Order Type

MIS

Position Type

BUY

Time Frame

15min

Entry Conditions

Supertrend(10,3,0) crosses below Close(0) and Plus DI(14,0) crosses above Minus DI(14,0)

BUY 100 shares when Supertrend(10,3,0) crosses below Close(0) and Plus DI(14,0) crosses above Minus DI(14,0) at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Supertrend(10,3,0) crosses above Close(0) and Plus DI(14,0) crosses below Minus DI(14,0)

SELL 100 shares when Supertrend(10,3,0) crosses above Close(0) and Plus DI(14,0) crosses below Minus DI(14,0) or at stop loss % of 10 or target profit % of 10 at 15min candle interval using Candlestick chart chart.

Stop Loss

10

Target Profit

10

Stocks

  • NSE

    ADANIENT

  • NSE

    ADANIPORTS

  • NSE

    APOLLOHOSP

  • NSE

    ASIANPAINT

  • NSE

    AXISBANK

  • NSE

    BAJAJ-AUTO

  • NSE

    BAJFINANCE

  • NSE

    BAJAJFINSV

  • NSE

    BEL

  • NSE

    BHARTIARTL

  • NSE

    CIPLA

  • NSE

    COALINDIA

  • NSE

    DRREDDY

  • NSE

    EICHERMOT

  • NSE

    ETERNAL

  • NSE

    GRASIM

  • NSE

    HCLTECH

  • NSE

    HDFCBANK

  • NSE

    HDFCLIFE

  • NSE

    HEROMOTOCO

  • NSE

    HINDALCO

  • NSE

    ICICIBANK

  • NSE

    ITC

  • NSE

    INDUSINDBK

  • NSE

    JIOFIN

  • NSE

    LT

  • NSE

    ONGC

  • NSE

    RELIANCE

  • NSE

    SBIN

  • NSE

    TATACONSUM

  • NSE

    TATASTEEL

  • NSE

    TRENT

  • NSE

    ULTRACEMCO