5-Min Call/Put Entry Strategy

Nifty / Bank Nifty /FinNifty

Call buy signal (all conditions must) :-
5 min time frame Close above 21SMA high
Close above vwap
5 min time frame close above 50 ema
RSI above 60 on 5 min time frame

Put buy signal (all conditions must) :-
5 min time frame Close below 21SMA low
Close below vwap 5 min time frame
close below 50 ema
RSI below 40 on 5 min time frame

Stop Loss condition for Call : 5 min time frame Close below 21SMA Low
Stop Loss condition for Put : 5 min time frame close above 21SMA High