🎯 Entry Strategy (Intraday or Swing)
https://chartink.com/screener/intraday-breakout-buy-33
🔹 1. Intraday Trade Plan
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Entry:
Jab stock screener me aaj trigger ho, uske baad first 15–30 mins ke high ko note karo.
Jab price us high ke upar breakout kare volume ke sath, tab entry lo. -
Stoploss (SL):
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Intraday: Previous candle low ya 0.5%–1% below entry.
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Maintain strict SL discipline.
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Target:
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1:2 risk–reward ratio follow karo (e.g., 1% SL → 2% Target).
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Trail stoploss agar momentum strong ho.
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Exit by: 3:15 PM (for intraday trades).
🔹 2. Swing Trade Plan (1–5 days)
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Entry:
Daily candle close confirm hone ke baad (EOD) — next day open ke near entry lo. -
Stoploss:
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Below 20 EMA or previous swing low.
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Target:
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Next resistance zone ya 1:2 risk–reward ratio.
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Confirmation Tools:
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Use candle patterns (e.g., bullish engulfing, marubozu).
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Check volume spike confirmation.
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📈 Example of Ideal Setup
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Price breaks above recent resistance.
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Volume > 1.5x average.
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RSI 60–65 → trending but not overbought.
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MACD crossover → momentum confirmation.
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ADX rising above 20 → trend gaining strength.
👉 Trade Trigger: Breakout candle close above previous high with volume.
👉 Exit Trigger: RSI crosses 70 or MACD gives bearish crossover.
⚠️ Avoid Trade When
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RSI > 70 (overbought).
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Volume suddenly drops after breakout.
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Overall market (Nifty) is negative.
📈 How It Works
✅ Finds stocks breaking out above yesterday’s high with strong volume.
✅ Confirms strength via EMA crossover (20 > 50) and RSI momentum.
✅ Filters only liquid, medium-cap or large-cap stocks for reliability.
✅ Generates only 2–5 stocks daily, ideal for focused intraday entries.
⚖️ Pros
High probability breakout confirmation.
Reduces false signals via multiple indicators.
Designed for Chartink — no syntax errors.
⚠️ Cons
Not truly “100% sure-shot” — no strategy is.
May miss early breakouts before volume builds.
Works best when combined with chart confirmation and risk management.
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