Learning to catch High Probability Breakouts

[sunny_cool]

Bang on!!!

Lets see how it goes tomorrow... till now going good

WW on Nifty 15 mins

 

[amitrandive]

 

[raul12]

Dear Amit Ji,

Can you pls share the method as well, that you follow for putting scan alerts for EOD volume gaining stocks.

 

[amitrandive]

Dear Amit Ji,

Can you pls share the method as well, that you follow for putting scan alerts for EOD volume gaining stocks.

Generally look out for the stocks that closed at day's high with heavy volumes.

Source:Internet
Conditions
1)Current day volume should be 10 times greater than the previous day volume
2)Also Volume should be greater than 1,00,000 inorder to filter low volume stocks
3)One can vary the number of times a stock should be greater than the previous days and the minimum amount of volume to be scanned.


Use this for Amibroker AFL.

Filter = V > 10*Ref(V,-1) AND V>100000;
AddColumn(V, “Volume“, 1);

Any software can give you this,
Also many websites give this data,example

http://zeenews.india.com/business/stockmarket/topvolume.html

 

[Rish]

Generally look out for the stocks that closed at day's high with heavy volumes.

Source:Internet
Conditions
1)Current day volume should be 10 times greater than the previous day volume
2)Also Volume should be greater than 1,00,000 inorder to filter low volume stocks
3)One can vary the number of times a stock should be greater than the previous days and the minimum amount of volume to be scanned.


Use this for Amibroker AFL.

Filter = V > 10*Ref(V,-1) AND V>100000;
AddColumn(V, “Volume“, 1);

Any software can give you this,
Also many websites give this data,example

http://zeenews.india.com/business/stockmarket/topvolume.html

Or...in google spreadsheet you can create a sheet with 100 scripts and check online (create formula)...it may be useful...if you don't have Amibroker or other system.

 

[amitrandive]

BankBaroda


Daily Chart of BankBaroda

Weekly trendlines/support resistance lines =Blue
Daily trendlines/support resistance lines =Yellow

Bank Baroda spurt on Short covering or a reversal ?

 

[amitrandive]

If you can’t stand the heat….
….do not play in the kitchen……

If you do lose money in the market, don't blame your course provider, your broker, the institutions, insiders, the government, OPEC or the Fed. They are just some of the factors that you have to take into account in your preparation. You are responsible. You are on your own. No-one except you is going to shed a tear if you burn your capital. So take care ...... and PREPARE…!!!

Source:Internet

 

[amitrandive]

UPL


Daily Chart of UPL

Weekly trendlines/support resistance lines =Blue
Daily trendlines/support resistance lines =Yellow

Stock hitting 52 Week highs in a weak market.Need to watch this stock.

Stock continues to hit 52 Week highs

 

[Rish]

BankBaroda


Daily Chart of BankBaroda

Weekly trendlines/support resistance lines =Blue
Daily trendlines/support resistance lines =Yellow

Bank Baroda spurt on Short covering or a reversal ?

Bank Baroda did the same like Nifty...hit the bottom cycle and reversed and hit the top cycle...where it has started the downward Journey...

Nothing surprise in this reversal (but reversal % is up normal)..

 

[Rish]

Stock continues to hit 52 Week highs

UPL 540 looks upward top band....based on cyclical move...

The above level is not necessary to hit...don't take trade based on this...

Just to share the information...above level is mentioned...