Nikita Poojary

Nikita Poojary

08-11-2022

05:47

10 most Powerful Intraday Setups with Screeners: 🧵 Collaborated with @AdityaTodmal

1/ Breakout Strategy: This intraday startegy involves finding stocks that has broken out of the territory in which they usually trade. • 15-minute stock breakouts —(Intraday)

3/ Intraday buying seen in the past 15 minutes: • Stocks rising higher with increasing volumes for the past 3 candles on a 5 minute chart. • Indicating fresh buying which hinting further upside, for BTST & swing trade.

7/ Open High Low (OHL)- Intraday Trading Strategy: • Wait 15 minutes after the market opens before looking for stocks where the opening is equal to the high or low for the day, according to the OHL strategy.

8/ Reversal Startegy: • It involves entering a stock/ indices against the market trend. • However this strategy has better Risk/Reward strategy.

9/ Pullback Trading Strategy • In this startegy we enter stocks during corrections or pullbacks. • When a stock is in an uptrend or a downtrend, it will make small moves in the opposite direction of the major trend.

10/Moving Average Crossover Trading Strategy: • The moving average crossover strategy is based on the simple fact that smaller moving averages follow price faster than larger moving averages.

Precautions: a) Always backtest the ideas for atleast 3months and forward test with small qty untill you attain success b) Define your risk to 0.5%-1% of your capital per trade. c) Not more than 3trades a day d) Stick to a single set up

e) If you trade in stocks on intraday basis ensure you screen the potential stocks the previous evening f) Ensure you have a plan in place, i.e. going long or short basis the stocks screening on the previous evening.

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