Supertrend 5min Scan

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Scan Description: Triple Supertrend of 7,3 7,2 and 10,4 and the price now has closed on the last and third supertrend of 7,2 and the previous candle was below 7,2. This basically confirms all the three supertrend confirms the buying signal. The 7,2 is the largest or the latest of the supertrend and if the price is greater than this then the current price would definitively be greater than the 7,3 and 10,2 supertrend lines. The reason for checking the previous candle to be low on the 7,2 and the current price to be greater than this line is to get the scrips that just got the first candle closed above the 7,2 supertrend line so that we can enter long position.

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