Weekly breakout stock selection process:- 1) Log into http…

Mark Minervini pattern ( stock up by 50% from 52 weeks low, price is within 25% range from 52 weeks high, price higher than 50 sma , 50 sma higher than 200 sma)

B) Resistance breakout on weekly,

C) Green Strength candle on weekly.

2/n

If the candle body (open-close) ratio is higher than 50% of candle height(high -low) is considered as a Strength candle.

3) Further filter stocks above 50 rs & volume above 1 lacs & you get the list of good stocks as we are eliminating low volume stocks.

3/n

4) View stocks on weekly chart having support & resistance, HH HL, LL HL, SP (swing point) & 20 Sma pre-applied.
5) IF ANY STOCK HAS RUN MORE THAN 15% in a week, I AVOID those stocks, as it can reverse or consolidate & SL will be more points.

4/n

6) My favorite chart pattern is Stock ran to 52 weeks high and it ran a minimum of 100% from its 52 weeks low price also given a pullback with less volume and then a breakout should happen from a recent high with good/highest volume.

5/n

7) Bigger targets need big time. Eg: If we are expecting 30 to 50% returns, we should wait for 2 to 3 months. Some stocks might run immediately.

8) Pullback red candles volumes should be smaller than previous green candle volumes.

6/n

9) Go through all charts of stocks from the scans & shortlist according to the above points.
10) Further shortlist stocks on basis of sector analysis. If you see more stocks in a particular sector means that sector is now trending.

7/n

Select only the best 1 stock from the same sector.

11) Points to consider while the final selection of stocks, Go stock info overview,
A) Change % from 52 weeks more than 100% &
B) Distance from 52 weeks high not more than 20%

8/n

C) Check fundamentals like promoter holding more than 50% also increasing QoQ
D) Promoter pledge % is less than 20% also reducing QoQ
E) Sales quarter growth over the previous quarter (preferred more than 50% to 100%)

F) EPS latest quarter growth over eps previous quarter
9/n

12) Finally select the best 4 stocks after going through the above process and add them to the watchlist & select quantity on a position sizing basis according to your investment.

13) Track/ paper trading should be done initially.

10/n

14) Exit when you get 10 -15% from the watchlist or SL hits of a particular stock.

The same steps are explained in the below video:-
https://t.co/fDq74d7s4v

Weekly breakout stock selection process:-

1) Log into https://t.co/tiGBjCOHDM and select scans context. Go to advanced mode and select Weekly breakout stocks scan
2) This scan has 3 patterns.
A)High Momentum on weekly is based on Mark Minervini pattern.

1/n

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Weekly breakout stock selection process:-1) Log into https://t.co/tiGBjCOHDM and select scans context. Go to advanced mode and select Weekly breakout stocks scan2) This scan has 3 patterns.A)High Momentum on weekly is based on Mark Minervini pattern.1/n

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Weekly breakout stock selection process:-

1) Log into https://t.co/tiGBjCOHDM and select scans context. Go to advanced mode and select Weekly breakout stocks scan
2) This scan has 3 patterns.
A)High Momentum on weekly is based on Mark Minervini pattern.

1/n