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
More from Aneesh Philomina Antony (ProdigalTrader)
Few concepts upon which day trading systems can be built upon
https://t.co/3eAoEqM7QQ up trending market look for pin bar with good volume
2.Rsi divergence and macd histogram divergence both at the same time on 3 min chart
https://t.co/qrAH9PZ6D3 = Low (15min)
1/7
4.ORB with 15 min candle stick along with support and resistance of previous 5 days
5.Pullbacks in Strong momentum (wide range candles + Volume) stocks
6.ORB with volatility contraction and then wide range candle breakout with volume expansion
2/7
7.Fakeout like spring and Upthrust for entry pullback with low volume
8.CPR analysis with standard pivots
9.PDH/PDL breakout with volume, vwap and RSI confirmation
3/7
10.Horizontal support/resistance from HTF and confirmation of acceptance or rejection in lower timeframe as reversal candlestick patterns with volume confirmation
https://t.co/75kykbExlg writing data and Put Writing data in correlation with price action
4/7
12.Pivots (Fibonacci) and Price action with volume activity
13.Ichimoku set ups with previous day NR4/NR7 scrips with pivots and volume as trading tools
https://t.co/JcwqOZS5L4 and rejections on 100/200 ema
15.EMA20 and rsi divergence with daily trend structure
5/7
https://t.co/3eAoEqM7QQ up trending market look for pin bar with good volume
2.Rsi divergence and macd histogram divergence both at the same time on 3 min chart
https://t.co/qrAH9PZ6D3 = Low (15min)
1/7
4.ORB with 15 min candle stick along with support and resistance of previous 5 days
5.Pullbacks in Strong momentum (wide range candles + Volume) stocks
6.ORB with volatility contraction and then wide range candle breakout with volume expansion
2/7
7.Fakeout like spring and Upthrust for entry pullback with low volume
8.CPR analysis with standard pivots
9.PDH/PDL breakout with volume, vwap and RSI confirmation
3/7
10.Horizontal support/resistance from HTF and confirmation of acceptance or rejection in lower timeframe as reversal candlestick patterns with volume confirmation
https://t.co/75kykbExlg writing data and Put Writing data in correlation with price action
4/7
12.Pivots (Fibonacci) and Price action with volume activity
13.Ichimoku set ups with previous day NR4/NR7 scrips with pivots and volume as trading tools
https://t.co/JcwqOZS5L4 and rejections on 100/200 ema
15.EMA20 and rsi divergence with daily trend structure
5/7
Parameters
1.Price structure - higher swing highs & swing lows
2. Momentum - doubled in last 250 days & trade close to recent highs
3. Demand - Higher volume on green bars
4. Volatility - Bigger bars on upside & shorter on downside
5. Relative strength - Outperforming market
1.Price structure - higher swing highs & swing lows
2. Momentum - doubled in last 250 days & trade close to recent highs
3. Demand - Higher volume on green bars
4. Volatility - Bigger bars on upside & shorter on downside
5. Relative strength - Outperforming market
Hello Aneesh, (1) apart from the volume supported HH-HL formation in ATH or 52 weeks high stocks, what other data point u see to shortlist scrip? (2) How do u estimate the holding period for the scrip? Plz guide
— Rohit Khanna\U0001f1ee\U0001f1f3 (@Rohit_MktWale) March 26, 2022
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