How to find short term trend of the stocks ? - Trading tip

How to find short term trend of the stocks ? - Trading tip - 2

How to find short term trend of the stocks?

The stock trend is very important for intraday trading.

Visit investing.com
Search stock tech Mahindra in the search bar
Click on the streaming chart
Select line type bars
Select 15 minutes time frame
Delete volume bars from chart
Set the chart for 1 day period
Select Average direction index from indicator list
ADX indicator measures the strength of the trend. It confirms whether we are in a trending market or sideways market.
Select EMA from indicator list
Set EMA setting to 5 period
To buy stock should trade above 5 periods EMA and adx should above 30
To sell stock should trade below 5 periods EMA and adx should be above 30
Apply this technique in different stocks and select the best stock which follows this.