Note:
- trading follows momentum
- Screen first and add to watch list
- adding fundamentals to better for higher accuracy
- use technicals to fnd entry & exit
Using chartlink screeeers
- Range breakout scans
near 5% 52 week high scan
// Helps to idnetity consolidate breakouts after long time.
daily close greather than 252 day high *.95
Daily close greater than number 50 (means price) // to avoid penny stocks.
20 ema greateran 50 DMA
daily close grater thn 21 dma
ROCE grater than 15
Return or networth grater than 15
market cap greather than 2000
daily % change less than 15.
https://chartink.com/screeners/search?search_term=near+52+week+high
https://chartink.com/screener/copy-stocks-near-52-week-high-by-25-5
https://chartink.com/screeners
Golden crossover +Price action confirmation 50 and 200 EMA
50 EMA crossing 200 DMA
and thenPrice action Support and breakouts, when it brekas its as confirmation.
Volume shockers
daily volume grater than 10days moving averaage..
we can add more filters to0.
Price acton Support & resistance (simple & powerful by practice)
we may see analayst daily reccomedation of support and resistance from telgram channels news etc.
they mark 4 possible horiznotal channels for 2 supports in the down , upper lines as resistance,, when it brekas its called breakout,
should analyze on monthly, weekly and daily charts.
Vishal Malkan GFS Strategy RSI Indicator screener
Monthly RSI above 60
Weekly RSI above 60
Daily RSI Above 40 (Taking support at 40, large trend overtakes minor trend)
Entry at RSI 40 near (39-42)
1:5 risk reward
SL: 1 candle below the support..
Exit / traget : 1st daily RSI 60 2nd trailing stoploss or 9 or 21 moving average
Resistance can be support..
Market 40%, sector 40%, 20% stock..
we have to add other parameters like Market cap for liquidity, stock price to avoid penny stocks, fundamentals like profit etc..
https://chartink.com/screener/vishal-malkan-grandfather-father-son-strategy-bullish-scan
swing stock screener example not good
Market Capitalization > 100 AND
DMA 200 >= Current price OR
DMA 200 < 1.1*Current price AND
RSI > 20 AND
RSI < 30
https://www.screener.in/screens/591403/swing-trading/
Wing trading stoks based on quarter earnings
all time high quarter earnings, qoq, yoy and 12 quaters.
try screener
20 day breakout scan
Daily Stock Screening for Swing Trading using chartlink sample
latest close graer than 100
market cap grater than 500
Latest volume grater tahn 100000
52 weeks 15% below
Latest close less than 1.15*max 250 high one day ago
1.15% = 5% 250 trading session
52 weeks 5% below
0.95*max 250 days
tip: buy at 52 week high breakout or at retracement / pull back 52 weekh high also act as support..
FII Buying screener
Change in FII holding > 1% AND
(FII holding – Change in FII holding ) < 5%
https://www.screener.in/screens/343087/fii-buying/
Small cap FII’s Buying
Change in FII holding > 1% AND
(FII holding – Change in FII holding ) < 5% AND
Market Capitalization <10000 AND
Market Capitalization >2000
https://www.screener.in/screens/418303/small-cap-fiis-buying/
Strong FII buying
Change in FII holding > 5
AND
FII holding > 10
https://www.screener.in/screens/461039/strong-fii-buying/
book value lower than price strategy