#OrientElec #Watchlist
~ Listed in 2018 and has been growing strongly
~ >75% rise in EPS in last 3 qtrs accompanied with >25% sales growth in last 2 qtrs
~ Forming a Cup with handle base for last 4 months with pivot at 335

#VidhiIng #Watchlist
~ Smallcap stock making synthetic food colors
~ Strong growth in last 2 qtrs with sales rising >40% and EPS growing >20%
~ Broke out of a long base in March on huge vol and has been forming a Volatility contraction base after the swift upmove
~ Pivot at 232

#Saregama #Watchlist
~ Strong growth seen overpast year - more than 100% rise in FY21 EPS compared to FY20
~ No of funds holding the stock has risen sharply
~ Stock has had a stupendous run since Covid lows of 181 - near 20x moves
~ Forming a base for 6 wks with pivot at 3600

#Saregama #Watchlist
~ Transformed into a double bottom base
~ Would like to see some consolidation around pivot of 3600 before a breakout
#stocks #equity #trading #investing #nse #nifty

#Bsoft #Entry
~ Added this week at 441 and 451

#JSWSteel #Watchlist
~ Super growth in EPS in recent quarters which is expected to continue
~ Forming a cup/saucer with handle base since May with pivot at 777

#ATGL #Watchlist
~ >20x move from Covid lows to recent highs
~ Fell >50% post the news of possible CG issues
~ Bottomed as it trade in a tight range for several weeks
~ Is forming a cup with handle pattern now with pivot at 1525
#stocks #equity #trading #investing #nse #nifty

#VidhiIng #Watchlist
~ Smallcap stock making synthetic food colors
~ Strong growth in last 2 qtrs with sales rising >40% and EPS growing >20%
~ Broke out of a long base in March on huge vol and has been forming a Volatility contraction base after the swift upmove
~ Pivot at 232

📚Thread: How I Make Watchlists📝

There are countless ways to make watchlists. Each trader looks for particular things in a setup that fits their style. There is no science here. My goal is to share a simplistic strategy on how to become SELF-SUFFICIENT with watchlists. 🤝

There are 3 points I want to speak to:

1. I have extensive stock watchlists based on tickers I have either played in the past or have been watching with the intent of playing in the future. Especially with options, it is hard to jump into a stock not knowing how it acts.

For me, is crucial to study the price action of a stock, as well as how its premium and options spreads move before I am fully comfortable trading it regularly.

Start with sector watchlists. In addition, have one "general" watchlist with assortments of familiar & trending stocks

2. Now that I have a large sample size of stocks I have kept an eye on for some time, I will shuffle through their charts when looking for possible high risk/reward plays.

I look for charts with significant breakout or breakdown potential. If it is easy to identify both

support AND resistance targets without too much choppiness in the chart (small distance between targets), I would consider it high risk/reward. When a chart displays ample movement in the past, they can be great plays either way, which is why I give both call and put targets.

🚨Here is the link to the DETAILED Step by Step Guide for Swing Trading

1 - Building a watchlist
2 - Drilling Down for entries

I show a REAL EXAMPLE with MY BROKER STATEMENTS

$EBAY
1500 Profit on Shares 🚀
Oct 29 77C 1.31 to 4.92 +275% (Holding)

Thread for Setting up ToS Scanners based on how I do it.
High Volume Scan:

Go to the Scan tab in ToS. It might have fields, just 'x' them out so it looks like mine. Then click the "add filter button"

Click 'stock' from the menu and it should add a scan query into your filter section. Click the drop down menu next to stock and select close and put in your minimum amount. I prefer 10

Next click add filter again, then stock. This will add yet another stock filter to your scan menu. I set this to market cap and put 500 into the box. The numbers are in millions to keep it easier:

Add filter again, but this time select 'study' which will place a new menu in your filter section. There should be a pencil to the right, click it to edit the study. We will place our code in here:

The window below will pop up. Ignore the Conditions window for now and click the thinkScript Editor and delete everything in it: