Naileshmaheta | Buzz Chronicles

StockEdge
@mystockedge

One of our users submitted a special Scan:

A THREAD(🧵)....(1/7)

This Combo scan tries to filter stocks based on strong momentum for short term trades

(2/7)

The first scan used here is Close Above Last Week High

https://t.co/ehv5ke8sxc

(3/7)

The Second Scan in the combo is RSI Crossed above 70 https://t.co/q4NpyFYuBD

(4/7)

The Third Scan used here is RSI Overbought Zone https://t.co/5uZxwnLAUD

(5/7)

SAROSIJ GHOSH
@sarosijghosh

𝐓𝐡𝐞 𝟓𝟐-𝐖𝐞𝐞𝐤 𝐈𝐧𝐝𝐞𝐱 𝐒𝐜𝐚𝐧𝐧𝐞𝐫 📊

A THREAD 🧵

Please Like & RT this if you find value 🙏

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 👇

1/ The 52-week index is simply a stock in its 52-week band.
The formula is:
(𝘊𝘶𝘳𝘳𝘦𝘯𝘵 𝘱𝘳𝘪𝘤𝘦 - 𝘓𝘰𝘸 𝘱𝘳𝘪𝘤𝘦) * 100 / (𝘏𝘪𝘨𝘩 𝘱𝘳𝘪𝘤𝘦 - 𝘓𝘰𝘸 𝘱𝘳𝘪𝘤𝘦)
𝗩𝗮𝗹𝘂𝗲 𝗶𝗻 %

2/ Now you may ask what is the 𝟱𝟮-𝘄𝗲𝗲𝗸 𝗯𝗮𝗻𝗱?
Lets understand this with an example -
Take this example of #Birlasoft.
Current Price= ₹531
52-Week High= ₹538
52-Low= ₹216

So, its 𝟱𝟮-𝘄𝗲𝗲𝗸 𝗯𝗮𝗻𝗱 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 𝟱𝟮-𝘄𝗲𝗲𝗸 𝗯𝗮𝗻𝗱.

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.

Vikrant
@Trading0secrets

Option selling strategy thread 🧵

*Capital must be above 6lac

*Target only banknifty (weekly expiry)

* Target 1/2% per week

* combine premium should above 100

Two types of strategy normally i use

⚡ directional

⚡Non directional (strangle)

⚡Direction - when banknifty & out of 5 major banking stocks 2 given breakout or breakdown.

(5 major banks 🏦 - #hdfcbank #icicibank #kotakbank #sbi #axisbank)

✨Breakout - when #banknifty gives breakout & 2/3 banks looking strong.

Then mark swing low of #banknifty & start selling 200 points down strike puts and add more at support line.

If swing support broken then exit.

(Trending upmove)

✨Breakdown - when #banknifty gives breakdown range & (2/3 banks are weak or breakdown stage)

Mark it's swing high & start selling its 200 points above call .

If swing resistance broken then exit .

⚡Non directional (strangle) - when #banknifty and major banks all in range then mark their support & resistance zone.

Selling 200 points above calls of resistance zone & selling 200 points below puts of support zone.

When ever support & resistance break exit position .

Vikrant
@Trading0secrets

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)

Making thread \U0001f9f5 on trading view scanner by which you can select intraday and btst stocks .

In just few hours (Without any watchlist)

Some manual efforts u have to put on it.

Soon going to share the process with u whenever it will be ready .

"How's the josh?"guys \U0001f57a\U0001f3b7\U0001f483
— Vikrant (@Trading0secrets) October 22, 2021

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 chart📊 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 🧵 for you 🙏💞🙏

Keep learning / keep sharing 🙏
@AdityaTodmal