Perfect collection for a thorough study of the entire TA UNIVERSE ๐Ÿ‘๐Ÿ˜Š

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Trading view scanner process -

1 - open trading view in your browser and select stock scanner in left corner down side .

2 - touch the percentage% gain change ( and u can see higest gainer of today)


3. Then, start with 6% gainer to 20% gainer and look charts of everyone in daily Timeframe . (For fno selection u can choose 1% to 4% )

4. Then manually select the stocks which are going to give all time high BO or 52 high BO or already given.

5. U can also select those stocks which are going to give range breakout or already given range BO

6 . If in 15 min chart๐Ÿ“Š any stock sustaing near BO zone or after BO then select it on your watchlist

7 . Now next day if any stock show momentum u can take trade in it with RM

This looks very easy & simple but,

U will amazed to see it's result if you follow proper risk management.

I did 4x my capital by trading in only momentum stocks.

I will keep sharing such learning thread ๐Ÿงต for you ๐Ÿ™๐Ÿ’ž๐Ÿ™

Keep learning / keep sharing ๐Ÿ™
@AdityaTodmal
๐“๐ก๐ž ๐Ÿ“๐Ÿ-๐–๐ž๐ž๐ค ๐ˆ๐ง๐๐ž๐ฑ ๐’๐œ๐š๐ง๐ง๐ž๐ซ ๐Ÿ“Š

A THREAD ๐Ÿงต

Please Like & RT this if you find value ๐Ÿ™

The 52-week index filter on @screener_in is one of the most effective ways to filter out stocks for #equity segment.

Here's how it can help you ๐Ÿ‘‡

1/ The 52-week index is simply a stock in its 52-week band.
The formula is:
(๐˜Š๐˜ถ๐˜ณ๐˜ณ๐˜ฆ๐˜ฏ๐˜ต ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ - ๐˜“๐˜ฐ๐˜ธ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ) * 100 / (๐˜๐˜ช๐˜จ๐˜ฉ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ - ๐˜“๐˜ฐ๐˜ธ ๐˜ฑ๐˜ณ๐˜ช๐˜ค๐˜ฆ)
๐—ฉ๐—ฎ๐—น๐˜‚๐—ฒ ๐—ถ๐—ป %


2/ Now you may ask what is the ๐Ÿฑ๐Ÿฎ-๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฎ๐—ป๐—ฑ?
Lets understand this with an example -
Take this example of #Birlasoft.
Current Price= โ‚น531
52-Week High= โ‚น538
52-Low= โ‚น216

So, its ๐Ÿฑ๐Ÿฎ-๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฎ๐—ป๐—ฑ comes at -
= (531-216)/(538-216)*100
= 97.5%


3/ What does this mean?

Basically, we want to look at stocks that are in the top half of their 52-week band (the highlighted area in the diagram) or within 75% of its ๐Ÿฑ๐Ÿฎ-๐˜„๐—ฒ๐—ฒ๐—ธ ๐—ฏ๐—ฎ๐—ป๐—ฑ.


4/ The main reason we want to select these stocks are because we want stocks wherein the demand is more than its supply.

A stock within its 52-week band means that buyers are still activated here. This simply shortens our filtering process.

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