It is Bullish Strategy for Nifty and Bank Nifty  - Trade only when it is BULLISH and Candles are Green , Intraday 5 Minutes Chart.

Indicators and Conditions :

1. Nifty 50 or Bank Nifty SPOT 5 Minutes Chart

2. First Five Minutes Candle Price Close > Open

3. Five minutes Candle price should be above Lower Bollinger Bang

4. Bollinger Band : Settings : Period = 20, Field = close, Standard Deviation = 2, Moving Average = Simple.

5. Moving Average Settings : Period = 10, Field = close, Type=Simple, Offset = 6

6. Price Close > SMA(10) or price should be Above SMA(10)

7. RSI Period = 14, Field = close, Overbought = 50, Oversold = 20

8. RSI 14 > 50 (means bullish Signal)

9. Super Trend : Period = 11, Multiplier = 2.5

10 Close should be above Super Trend 

11. SL as per Super trend at bottom and Trail Stop Loss

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