1. Stocks moving in tight range after hitting new ATH
2. Stock is among Top 5 in sector leaders
3. Sector out performing overall market
4. Rel strength at ATH
5. Volume flowing into the bullish side

Is probably closest I have seen to the #Holigrail which many are looking for

BHEL

A stock which was trending in twitter till last week bcz of its vertical rally, gave a flag pattern breakout now. Simple and clear price action. Might make further rally from here

Suppose u r in a long trade in 5min TF,
How would u assess trend is still intact
and
u can scale into the trade to maximize the profitability ?

1.
HH HL formation and pin bar with good vol at vwap or just abv previous low. ADX greater than 25

1/6

2.
Low volumes on counter trend move and price not closing below Vwap

3.
HH and HL formation on 5 min time frame. Volumes expanding when making HH and low volumes when in LL. Price above vwap

4.
SuperTrend 10,2, for scale in at ST retracement

2/6

5.
a). Bullish PA when candle is at VWAP
b). Minimal Overhead resistance (Volume Profile can help) helps in making the stock to trend more easily
c). Can Scale in when Price retraces to VWAP during low volume period mid-afternoon and forms a Bullish candlestick

3/6

6.
a). Trend still intact: Slope of 20 or 21 EMA moving higher
b). Upscale: Price pullback to EMA with less volume followed by upmove with good volume

4/6

7.
a). Should cross 5 EMA
b). Above yesterday VWAP
c). Possibly Ascending Triangle Break Out.
d). If continued trend dont add
e). If re test confirmed in intraday will add more

5/6

If u are looking to enter a scrip just before the breakout
what would u look for?
How would u identify scrips just before breakout?

Here are a few pointers
Carefully understand the them and use at ur own discretion
(All comments r compiled from a question i posed)

1/23

Price is testing the same resistance repeatedly since long.
But now in recent times it's forming multiple candles near the same resistance with low volume.
Observe it and see for opposite move.
As soon as u get a positive candle, get in to it.

2/23

1. Volume buildup (vol > when resistance point created) along with, increase in OI, increase in delivery % on HTF
2. On LTF, price stalling around breakout area for at least 1-2hr.
3. No major events.

3/23

Stock reaching breakout LVL with HL-HH
Contraction of price and volume near it especially near 20 days ma.
If there is any breach of the latest HL it should be followed by a bullish candle with good volume.
Left side of the chart has a rally with a very steep slope of ma.

4/23

Number of wide range green bars with high volumes.
If stock is at its ATH then it adds more conviction bcz there wont b supply after that point

Consolidation below the resistance, volume of the candles & strong bullish candle closing at near highs just below the resistance

5/23

triangle pattern in #apollohosp

Price very much likely to bounce off here. Price is auctioning around an area where high and agressive bids could come in
#hdfcbank #hdfcamc

𝗦𝘁𝗼𝗰𝗸 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿𝘀 🚀🚀

All my screeners in one place.

I like to keep it simple, so use just a few basic screens. And a lot of manual chart reading.

(Thread 🧵, read on...)

Trend Template for Momentum Stocks

My main screen which I run every weekend to prepare my watchlist.

Link -

Near All-Time-High (ATH)

My auxiliary screen that I generally use when the trend template is generating too many candidates, and I need to zero in on the very best.
(Happens usually during strong up trending market)

Link -

Relative Strength (RS) List

My utility screen which I usually run at times when the market is experiencing general weakness within a longer term bull market, or during a bearish phase.

Gets me stocks holding up the best in the general weakness.

Link -

@Trendmyfriends Super Trend 10,2

@buzz_chronicles save as screeners

TREND TEMPLATE CRITERIA by the Legend @markminervini

A stock must meet all eight criteria to be deemed in a confirmed stage 2 uptrend.

1. Stock price is above both the 150-day (30-week) and the 200-day (40week) moving average price lines.

A Thread🧵

2. The 150-day moving average is above the 200-day moving average

3. The 200-day moving average line is trending up for at least 1-month (preferably 4 to 5 months or longer).

4. The 50-day (10-week moving average) is above both the 150-day and the 200-day moving averages.

5. The current stock price is at least 25 percent above its 52-week low. (Many of the best selections will be 100 percent, 300 percent, or more above their 52-week low before they emerge from a healthy consolidation period and mount a large-scale advance).

6. The current stock price is within at least 25 percent of its 52-week high
(the closer to a new high the better).

7. The relative strength (RS) ranking (as reported in Investor's Business
Daily) is no less than 70, but preferably in the 90s, which will generally be the case with the better selections.

New MyComboScan with new parameter VWAP

These major stocks have shown high delivery yesterday and also price action combined with VWAP is showing Strength.

A thread on these stocks.