ScannersStrategies

Bullish Momentum Support

The strategy initiates a buy position when the momentum picks up as indicated by MOM indicator. An exit is taken if the price falls below support level. Suitable for bullish trending markets.

Order Type

MIS

Position Type

BUY

Time Frame

15min

Entry Conditions

MOM(14,0) crosses above 0.0

BUY 10 shares when MOM(14,0) crosses above 0.0 at 15min candle interval using Candlestick chart chart. Enter trade between 00:00 to 23:59

Exit Conditions

Close(0) crosses below Pivot point(r1,standard,No)

SELL 10 shares when Close(0) crosses below Pivot point(r1,standard,No) or at stop loss % of 1.00 or target profit % of 2 at 15min 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

    BEL

  • NSE

    BPCL

  • NSE

    BHARTIARTL

  • NSE

    CIPLA

  • NSE

    GRASIM

  • NSE

    HDFCLIFE

  • NSE

    HINDALCO

  • NSE

    HINDUNILVR

  • NSE

    INDUSINDBK

  • NSE

    KOTAKBANK

  • NSE

    NTPC

  • NSE

    SHRIRAMFIN

  • NSE

    SUNPHARMA

  • NSE

    TATACONSUM

  • NSE

    TATASTEEL

  • NSE

    TRENT

  • NSE

    ULTRACEMCO