Important Scanners for Stock Selection

A Thread 🧵

How to Select Stocks for Intraday and Short Term

Re-Tweet If you like it🙏

𝗠𝘂𝗹𝘁𝗶𝗕𝗮𝗴𝗴𝗲𝗿𝘀 𝟮-𝟱𝘅 𝗦𝘁𝗼𝗰𝗸𝘀 𝗦𝗰𝗿𝗲𝗲𝗻𝗲𝗿

Explained in only 3 tweets 🧵🧵

Gold standard info if you can use

𝗞𝗶𝗻𝗱𝗹𝘆 𝗥𝗲-𝗧𝘄𝗲𝗲𝘁 𝗳𝗼𝗿 𝗠𝗮𝘅 𝗥𝗲𝗮𝗰𝗵🙏🙏

1) Screening using chart Ink -

Create a screener to find EMAs confluence 20-50-100-200 on weekly time frame.

Here is the screener created just now

2) Now do manual screening by sorting from high volume and find the stocks that have corrected well on chart -

Look at Mirza International -

- Base formed after correction
- EMAs confluence
- Pump to 3.5x in less than a year
- Enter when candle closes above EMAs confluence

3) Last Step is to do some Fundamental Screening -

- Debt is manageable
- Cash flow not reducing
- Operations expanding ?
- Read more what's in pipeline
- Compare with peers and check if its undervalued
- Check the forecasts of that sector

Enter if passes in above

Join Telegram for more such learning

How to Find MultiBaggers 2-5x Stocks

Explained in only 3 tweets 🧵🧵

Gold standard info if you can use

Kindly Re-Tweet for Max Reach 🙏🙏

1) Screening using chart Ink -

Create a screener to find EMAs confluence 20-50-100-200 on weekly time frame.

Here is the screener created just now -

2) Now do manual screening by sorting from high volume and find the stocks that have corrected well on chart -

Look at Mirza International -

- Base formed after correction
- EMAs confluence
- Pump to 3.5x in less than a year
- Enter when candle closes above EMAs confluence

3) Last Step is to do some Fundamental Screening -

- Debt is manageable
- Cash flow not reducing
- Operations expanding ?
- Read more what's in pipeline
- Compare with peers and check if its undervalued
- Check the forecasts of that sector

Enter if passes in above

Join telegram for more updates -

5 Intraday Long Strategies that works

Will add value to your cash trading style

A thread 🧵🧵

Kindly Re-Tweet for Max Reach

1) Long Condition

- Long in consolidation phase after Pump Wave 1

- Look at the Adani Ent Chart -
- Long when it breaks consolidation phase after pump

👉 Good Success Rate

2) First Big Candle Signal

Look at the Reliance Chart

- First Big Candle is always a good signal
- Long above high with SL below candle
- Consolidation near high of candle another good sign

👉 Good long trading setup and success rate

3) Gainer Bounce from VWAP

- When top gainer stock bounce from VWAP

Long don't fear, its the trend that will make money

4) Gainer EMA Confluence

- Look at this Bajaj Fin Serve Chart

- Box shows the EMA Confluence
- Must be a gainer stock on that day
- Its the trend that make money

1/Closing price different from the last trading price (LTP)

•There is so much noise regarding PE premiums going up or CE premiums losing their value tomorrow morning at the opening ( in case flat).

•Remember that the LTP usually differs from the closing price.

2/ This is because the closing price is the weighted average price of the last 30 mins of trading.

•The difference today is noticeably more as the market made a sharp upmove post 15:00 hours i.e. the last 30 mins.

Even the biggest handles with 100k+ followers get this simple thing wrong in charting!🤦‍♂️

This is the most important thing especially if you are analysing long term charts!🧐

So, let's get this right today!

USE LOG CHARTS 📈 FOR ANALYSING LONG TERM CHARTS!

Let’s go🧵...

1⃣ Wait, What's Log chart?

Before I define Log chart, let's look at the chart you are using daily - 'The Linear Chart'

- Linear chart is used by default in most platforms. This is probably why you never knew log charts

Wait, don't click on 'log' yet before you understand it...

2⃣ ok, so what does Linear chart mean?

Take a look at the image
- The y-axis is separated equally by 1000 points starting from 0 to 11000.
- So, any linear chart would have its y-axis equally separated by 'N' points always

And... that's where the problem lies...

3⃣ But, I don't see any problem?🤔

Ok ok.. let me explain...

- Can you look at this #TATAELXSI chart & tell me the price in '99 when it was listed? No!
- Can you draw a proper trendline in this chart? No!

Reason is because of the price congestion between '07 to '20...

4⃣ What else?🧐

- Whenever there is a price change in an instrument & it's drastic it'd be difficult to analyse on a linear chart

- Look at this example of #BTCUSD. What happened in 2021(refer to the red box)? 🤔

All this is because of the equally spaced Y-axis!

hmmm... ok🙄

Are you are tired of scanning 1000+ stocks every day manually?

STOP 🛑

Here is a list of 9 candlestick scanners that are available absolutely for FREE:

A thread 🧵

1/ Bullish Engulfing:

A bullish engulfing pattern is a candlestick pattern that forms when a red candle is followed the next day by a large green candle, the body of which completely overlaps or engulfs the body of the previous day’s

2/ Bearish Engulfing:

A bearish engulfing pattern is a candlestick pattern that forms when a green candle is followed the next day by a large red candle, the body of which completely overlaps or engulfs the body of the previous day’s

3/ Bullish Harami:

Bullish Harami is generally indicated by a small green candle that can be contained within the previous day's red

4/ Bearish Harami:

Bearish Harami is generally indicated by a small red candle that can be contained within the previous day's green

How to Find MultiBaggers 2-5x Stocks

Explained in only 3 tweets 🧵🧵

Gold standard info if you can use

Kindly Re-Tweet for Max Reach 🙏🙏

1) Screening using chart Ink -

Create a screener to find EMAs confluence 20-50-100-200 on weekly time frame.

Here is the screener created just now -

2) Now do manual screening by sorting from high volume and find the stocks that have corrected well on chart -

Look at Mirza International -

- Base formed after correction
- EMAs confluence
- Pump to 3.5x in less than a year
- Enter when candle closes above EMAs confluence

3) Last Step is to do some Fundamental Screening -

- Debt is manageable
- Cash flow not reducing
- Operations expanding ?
- Read more what's in pipeline
- Compare with peers and check if its undervalued
- Check the forecasts of that sector

Enter if passes in above

Join telegram for more updates -