ScannersStrategies

Volume breakout

A classic Breakout Strategy. Buy entry occurs when the price crosses above a resistance level supported by volume. It is suitable for bullish trending markets.

Order Type

CNC/NRML

Position Type

BUY

Time Frame

day

Entry Conditions

Multitime frame(day, Close(0) ) crosses above Multitime frame(week, Supertrend(20,2,0) ) and Multitime frame(day, Close(0) ) higher than Multitime frame(month, Supertrend(20,2,0) ) and Multitime frame(day, Close(0) ) up by 2% from Multitime frame(week, Supertrend(20,2,0) )

BUY with max allocation 100000 when Multitime frame(day, Close(0) ) crosses above Multitime frame(week, Supertrend(20,2,0) ) and Multitime frame(day, Close(0) ) higher than Multitime frame(month, Supertrend(20,2,0) ) and Multitime frame(day, Close(0) ) up by 2% from Multitime frame(week, Supertrend(20,2,0) ) at day candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

SELL with max allocation 100000 at stop loss % of 5 or target profit % of 10 at day candle interval using Candlestick chart chart.

Stop Loss

5

Target Profit

10

Stocks

  • NSE

    TATACOMM

  • NSE

    SUPRAJIT

  • NSE

    SAPPHIRE

  • NSE

    RAYMOND

  • NSE

    PIIND

  • NSE

    IDEA

  • NSE

    DATAPATTNS

  • NSE

    EPIGRAL

  • NSE

    SHOPERSTOP