A Gap Open is a Big Headache for Intraday Traders.

Nowadays everyday market is opening with big gaps.

Solution?

Shifting to Stocks!

But How to Pick Good Stocks for Tomorrow's Trading?

Presenting 11 FREE Screeners to scan Stocks for the Next Trading Day!

Thread 🧵

(1/N)

MYFNO - To Know the Stocks Which Received High and Low Open Interest (OI)

https://t.co/FURZDTArKK
(2/N)
Shortlist Bullish Momentum Stocks

This Screener shortlists all the bullish momentum stocks from NSE for the next day's trading (based on price action).

https://t.co/3teN7JLDMs

(3/N)
Screeners Based on Price (ex: Previous Day Breakout, Weekly Breakout, Monthly Breakout, etc.)

https://t.co/Y5naQIx967

(4/N)
Volume Shockers - Stocks that received a huge volume

https://t.co/u9LTY5Yiir
(5/N)
Bearish Momentum Stocks from NSE

This screener shortlists all the bearish momentum stocks.

https://t.co/nhoy7V0bow
(6/N)
Stocks Based on FII buying.

This screener lists all the stocks which received more buying from FIIs

https://t.co/971OvnAyQw
(7/N)
Screeners Based on Many criteria (top gainers, top losers, long buildup, short buildup, etc)

https://t.co/wwmrfRl3U2
(8/N)
Bullish Stocks For the Next Day

This screener shortlists the bullish stocks based on Technical indicators
.
https://t.co/tlcN3QP8MJ
(9/N)
Stocks Based on Volume

This screener shortlists the stocks based on volume and delivery

https://t.co/2HBxWZJrXQ

(10/N)
15 Mins Breakout Stocks

This screener shortlists the stocks rising higher with increasing volumes for the past 3 candles on a 5-minute chart in the intraday chart.

https://t.co/jSrT797aLD

(11/N)
Customize Stock Screener

In this screener, traders can customize many parameters to shortlist the stocks.

https://t.co/thEssnLZMs

(12/N)
That's a wrap!

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More from Indrazith Shantharaj

"VOLUME is the ultimate Trading cheat code" PART 2

Please read the FIRST Thread Before Reading this!

https://t.co/IV1HrDlzqk

#StockMarket #stock #volumeintrading


#1 Volume Color Can Create a False Illusion

At first look, it looks like a big volume spike.

But if you notice the price candle, it has a big selling wick.

It indicates "SELLING PRESSURE" is high at that time.


We can easily avoid this false impression using the "BLACK" color code across all the volume bars.

Now your mind doesn't assume it is a bullish volume spike!

(If you don't want to use the black color, then view the chart without getting any bias based on the volume color)


#2 Analyze Each Volume Spike Carefully

In this image, the price is breaking the resistance trendline.

How do you say whether it is a genuine breakout or false breakout (from a volume perspective)?


Observe the major Volume Spikes.

A is Bullish (Price moved upside on the next day)

B is Bearish (Price fell on the next day)

C is Bearish (Price moved sideways and fell)

D is Bearish (Price fell on the next day)

So High Probability of FALSE BREAKOUT!

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