ScannersStrategies

Support Breakdown With Stochastic

The strategy takes a short position when stock trades below Fibonacci support line and entry is triggered by Stochastic.

Order Type

MIS

Position Type

SELL

Time Frame

5min

Entry Conditions

Multitime frame(5min, Stochastic Momentum Index(%k,10,3,3,10,0) crosses below Stochastic Momentum Index(%d,10,3,3,10,0) ) and Multitime frame(5min, Close(0) lower than Pivot point(s1,fibonacci,No) )

SELL 1 share when Multitime frame(5min, Stochastic Momentum Index(%k,10,3,3,10,0) crosses below Stochastic Momentum Index(%d,10,3,3,10,0) ) and Multitime frame(5min, Close(0) lower than Pivot point(s1,fibonacci,No) ) at 5min candle interval using Candlestick chart. Enter trade between 00:00 to 23:59

Exit Conditions

BUY 1 share at stop loss % of 1 or target profit % of 1.5 at 5min candle interval using Candlestick chart.

Stop Loss

1

Target Profit

1.5

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

    ICICIBANK

  • NSE

    ITC

  • NSE

    INDUSINDBK

  • NSE

    INFY

  • NSE

    JSWSTEEL

  • NSE

    KOTAKBANK

  • NSE

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    MARUTI

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    RELIANCE

  • NSE

    SBILIFE

  • NSE

    SHRIRAMFIN

  • NSE

    TCS

  • NSE

    TATACONSUM

  • NSE

    TATAMOTORS

  • NSE

    TATASTEEL

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO