ScannersStrategies

WMA Crossover

A bearish strategy that uses weighted moving averages of the stock price to signal entry at the beginning of a bullish trend. The strategy further has an additional exit condition built in which detects a reversal in trend.

Order Type

MIS

Position Type

SELL

Time Frame

10min

Entry Conditions

WMA(close, 10, 0) crosses below WMA(close, 20, 0)

SELL 50 shares when WMA(close, 10, 0) crosses below WMA(close, 20, 0) at 10min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

WMA(close, 10, 0) crosses above WMA(close, 20, 0)

BUY 50 shares when WMA(close, 10, 0) crosses above WMA(close, 20, 0) or at stop loss % of 1 or target profit % of 2 at 10min candle interval using Candlestick chart chart.

Stop Loss

1

Target Profit

2

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

    LTIM

  • NSE

    LT

  • NSE

    M&M

  • NSE

    NTPC

  • NSE

    NESTLEIND

  • NSE

    ONGC

  • NSE

    POWERGRID

  • NSE

    RELIANCE

  • NSE

    SBIN

  • NSE

    TCS

  • NSE

    TATAMOTORS

  • NSE

    TECHM

  • NSE

    TITAN

  • NSE

    ULTRACEMCO

  • NSE

    WIPRO