[00:00] Not just stock selection, we will also analyze how to enter into trades by analyzing the stock in multi time frame. In fact, I am going to explain how I do it in today's video.
[00:15] I will simply select the top gainers as we have expected. I will select the actively traded stocks. I will explain the standard methods.
[00:30] It is a simple topic to explain how I select and trade stocks. If you practice these methods in the market, So, when you think that you should not tell you the methods of stock selection,
[00:45] Instead of saying that I am avoiding them, Why I am following this method and why I am following that method. Like, we have some websites like charting.
[00:59] What do we need? or if we have some moving average, or if we have RSI level above some level,
[01:11] all the stocks will come below us. Without making any effort with a single click. So, I will give you a classification of different stock selection methods in the market.
[01:25] I strongly suggest you to maintain a book. Or else, if you need, I will prepare a video related material and give it to you.
[01:39] If you are already in our trading channel, If you are not, I will give you a link in the description of the video. And friends, before continuing the video further,
[01:53] please like our video. Last time we talked about swing trading. But if you can change the timeframe and adjust to your conviction and psychology,
[02:10] First, we have to divide the stock selection in three ways. In three ways, first is standard method. These are not new.
[02:25] I explained it to you when I started our main channel 3-4 years back. ORB strategy, range breakout strategy, We can trade these the next day after the market closes.
[02:39] I will explain all these briefly to you. Actually, if you ask me about these, I will make a dedicated video. The third topic is the one I follow.
[02:51] I am trying to tell you what I am using. There is no need for it. So, I will briefly explain the standard methods.
[03:08] It will be easy for those who can understand it. For those who understand what trading is in the stock market. If you give a standard set of commands in such websites,
[03:21] The above should be 21 exponential moving average. The stock should be below the previous day low. All the stocks will be listed.
[03:35] In fact, I have already given important links in Telegram. First, the standard set of methods. It is easy.
[03:48] But I am not following this method. And by observing the levels and patterns related to those stocks.
[04:01] I have full clarity about the 10 stocks. Which levels should I avoid? How far can I carry?
[04:15] Because, as you can see, I have referred 10 stocks to you many days back. These are the stocks that I have shown you. So, I have explained these stocks in the third step.
[04:30] First, the standard method. I have followed every method. Let's talk about each method in detail.
[04:47] ORB means Opening Range Breakout. So, we can select 15 or 30. we mark the 15-minute candle high and the 15-minute candle low.
[05:03] When the low breaks, we plan the sell entry. if we sell, we keep the stop loss high. If the risk reward doesn't work out,
[05:16] we plan the ORB or index related ORB. Open equal to high, open equal to low. The open here is the same high.
[05:28] The open is the same high. If open equal to low, they will go down a little.
[05:41] The stock or index is going up from there. Open equal to low means bullish. those who want to take bullish trades,
[05:54] or when there is an important support above that particular intraday, they will plan a buy and trade. Or, will they keep it as stop loss even if it is at an important level?
[06:09] we will wait for 30 minutes for the market to open, or whether it is breaking the previous day low, they will sell at open equal to high and keep the high as stop loss.
[06:23] When the pre-market opens, Then, go to the NSE website, not the ones who have gone up by more than 3-4%,
[06:35] mostly, 0 to -1, and above +1. and shouldn't be below minus 1%. Because, those are the top traded things related to the market, right?
[06:49] they have some activity. so, they select those. adding the top gainers and top losers to the list,
[07:04] tomorrow, they can either move in the same direction, then, we need that in stock selection. they also analyze those.
[07:19] which is the last 5 days of the volume, so, either we check the volumes after the market closes,
[07:31] or, in that particular day, and the stocks that were more than the last 5 days of trading activity, We can check the volumes like this.
[07:46] even after the market closes, and in the next trading activity, we can analyze the stocks that are in this range,
[07:59] These are all a standard set of rules. and do long build up, short build up, we can select the stocks, bullish or bearish,
[08:13] Apart from these, we can use indicators to select the stocks. the price should close above, or in MACD levels,
[08:27] we can go and give data in those, We talked about these briefly, If you want to explain every concept in this,
[08:41] if you want to take it to the chart, if you want to know all these, Because, if we touch on these one by one,
[08:53] So, all these will become a big video, Second, I think which screener is important for me.
[09:07] I am giving the link below. You will also have a search in mobile. S C R E E N E R
[09:20] First link is updated on April 13th. If you go down and see it, I told you that I will give you screeners when I told you about our CPR strategy.
[09:34] The date updated on April 13th. But in that, almost 6 to 7 are important screeners. If you want to take a trade at 9.45,
[09:50] come here at 9.45 and select from these screeners. You will get all the stocks that satisfy the condition. So, if we come to the top and change the percentage of change,
[10:06] From negative to -1% below, to the ones that are close to 1% positive, Not only that, opening range breakout with good volume,
[10:22] and stocks that are close to 52 week high, if you click multiple chart screeners automatically, If there are stocks that have grown 3-4% in the coming stocks,
[10:39] either they will hit reversals or they will grow even more. we can go to 10% but it's not that correct for us to trade. Or you can select 2% and if you have conviction,
[10:55] there is strong news in the back, there is nothing wrong in taking it, If we move more and put it in the low or big candle,
[11:11] I am giving you a link in the comment section. just save it, it's enough. So, these two methods are done.
[11:24] I will explain in detail about stock selection in the upcoming times, But, the top 10 trading stocks that I have been watching,
[11:36] even the stocks that we want to sell, I have provided a list at that time. Because, if you notice,
[11:48] you have multiple watch lists, right? Head & Shoulder Index and Index, The stocks that you asked me to mention in the news video,
[12:04] I am maintaining different watches, the stocks that I have shown you here, So, these are the stocks that I am watching.
[12:18] why did I select a particular set of stocks? I told you when I showed you the trading view, right? there is a community next to products,
[12:32] come to the stocks near the trade ideas, select Indian Stock Market. you will see the charts that all the traders in India follow,
[12:44] that can be support and resistance, or any other different theory and basis, here they are showing that they have an important resistance,
[12:59] if you have multiple logics like this, but why did I personally, For the traditional methods that I have been using,
[13:14] ORB, top gainers, top losers, even when I am going in the starting, and I don't see the risk reward properly,
[13:28] and have the resistance, and the standard set of methods, if it was a method,
[13:40] but I didn't feel particularly convenient, when I was selecting those, and chart patterns,
[13:52] to put it simply, or where to plan the entry, I felt like the move was gone,
[14:05] we can't track all the stocks, I can buy stocks that I can track, and what are the stocks that are weakly or daily important,
[14:18] if I have clarity on those, so, standard set of stock selection methods, as soon as I go,
[14:31] if we plan, if we go back to these, it comes clear to our mind,
[14:43] I started with 4 stocks, you can even search in Google and trade, and remember all the levels related to those 5 stocks,
[14:58] you will see more stocks related to Tata, Tata related stocks have a good move, mostly, they are in top gainers and top losers,
[15:12] it doesn't have a good move to select ITC, it is convenient to select fall inputs, for those who want to do swing trading,
[15:27] it is in the range bond for months, and show you how I will trade these, first, I am opening the ICICI bank,
[15:41] if I remove and draw you one by one, I will show and explain on that, we don't need to go to weekly,
[15:53] but I will see, and try to note the important levels, in weekly, see here,
[16:05] so, if we mark this as an important support in weekly, when the market is falling to downside, what you will do is,
[16:17] you can draw a color for the resistance, but I used to think that I should maintain different colors, but I thought and couldn't follow,
[16:29] when you draw weekly, when you draw daily, you can draw another color, it will never change,
[16:41] because the chart will not grow, will not be there in 1 month, so, you can delete those lines in the chart,
[16:53] draw new ones, the lines you drew 1 month back, it will be irritating,
[17:05] blue and another colour, I suggest those levels, now, I can see this as an important resistance,
[17:17] if I go back, and this point will be satisfied, 1,2,3,
[17:29] if it falls from here, but if I keep this color black, daily will be different color,
[17:41] we don't trade in intraday, we understand that, or weekly support,
[17:53] remember this, we draw in higher time frame, weekly resistance, weekly supports,
[18:05] and if compared with daily, it is hourly, we draw in daily, we can draw in daily,
[18:17] this is head and shoulder pattern, is this like a shoulder, and this is like a shoulder,
[18:29] if we break this neck line, I told you about head and shoulder pattern, we draw a line near the neck line,
[18:41] blue and black are the only important time frames, and we can trade when we cross this line, near reversal candle,
[18:53] we can plan trade entry, with a particular color, we are getting ready for intraday,
[19:05] which are the important levels of resistance, now, we have to come to Hoverly, previously, ICC bank moved to one direction,
[19:17] and following previous high, and went to downside, and again,
[19:29] so, this is not bullish present, if head and shoulder forms, so, now we have to see the ICC bank,
[19:41] the previous structure is bullish, and peak is forming, we are looking for sell opportunity,
[19:53] after peak is formed, or if we want to see for sell opportunity, where stock struggled to break out,
[20:05] we have to see sell opportunity in this zone, but what to do in the back, what we want to do in Hoverly time frame,
[20:17] and then we come to 15 minute time frame, but, 5 minute is 3 candles, so, in those 3 candles,
[20:29] there is a chance for fake break out, so, 15 minute is the time frame, for intraday trade execution time frame,
[20:41] once we decide, we have to see the downside of the direction, which is recent,
[20:53] in previous trading session, the market went to top side, this point is previous day low,
[21:05] this point is recent swing low, in previous day low, after breaking in previous day low,
[21:17] if both are close, in next examples, in swing low, it is 873,
[21:29] if both are near, in ICICI bank, we can consider recent consolidation,
[21:41] we can consider consolidation, we can consider stop loss, we can consider stop loss,
[21:53] if both are close, we can consider previous day swing high, we can consider intraday swing high,
[22:05] if it is favorable for risk reward, we can consider previous day high as stop loss, and define stop loss,
[22:17] target is, let's say I am placing 5rs stop loss, at the point where I took trade,
[22:29] if I place my stop loss, if our stop loss is close, it is better to place our stop loss,
[22:41] it is touching reversely, we are changing our stop loss, we are not changing our stop loss to 1rs,
[22:53] we can select a standard set of stock, this is icici bank I am at tata steel,
[23:05] and we are in the present weekly time frame, let's draw important levels, we have to change the color,
[23:17] this is broad, we can draw a line to recent low, but price is near recent low,
[23:29] next is daily time frame, are there any important levels missing? so we can see these zones in daily time frame,
[23:41] there is no significance, this is important resistance, it is not played,
[23:53] exact resistance support does not work, to this level, if reliable data is formed,
[24:05] if it comes again, then it will be important resistance, if it comes again,
[24:17] we can draw resistance to higher time frame, so we can move to hourly time frame, what to do,
[24:29] most of the time Tata Steel, if it gets break out, if it gets down side,
[24:41] if it gets break out, if it falls significantly, and think they missed sell opportunity,
[24:53] they try to maintain sell positions, when it comes to this level, that is better risk reward,
[25:05] by structure, present it making higher highs, so we cant sell because it got break out, retest,  again it falls,
[25:21] so selling opportunity is here, buying opportunity is here, if we have this much resistance, and having selling pressure so recent trend is bullish
[25:37] if this structure is maintained, if we want to buy, but when it falls,
[25:49] so there is a chance of max rally, come here, see this line,
[26:01] if we see a rejection with these volumes, it will be a good trade, if we want to buy,
[26:13] if this zone is near 109, if price is close to that level, I don't take this higher highs,
[26:25] in this time frame, sellers have chance to wait, they will create positions,
[26:37] if I want to take trade, next is Tata Motors, weekly time frame,
[26:49] in weekly, if you go to daily, from Tata Motors,
[27:01] if it is low, if it is lower, in recent times,
[27:13] if someone took this support, resistance, multiple times,
[27:25] 397 to 402, there is no trade, nearly 403 to 397,
[27:37] near 6 points, it will be down side or up side, I am giving you two lines,
[27:49] we can't do anything in these two lines, this is no trading zone, apart from the support break,
[28:01] we avoid trades because of no trading zones, in recent times, no big move to top side,
[28:13] in most of the times, again goes down and again reverses, when we are near no trading zone,
[28:25] avoid these lines, I have clearly explained in support and resistance, after that candle, high or low
[28:37] then we can execute the trade, we can't get trade entry in any other positions, in the trade entry plan,
[28:51] we can mention the levels, we can take decisions, and come to down side,
[29:03] will it fall continuously to down side, with good volume, price will rise again,
[29:15] in recent times, if we sustain, if we don't, resistance is rejected,
[29:27] after planning sell entry, in recent swing, in recent swing,
[29:39] multiple times resistance, because I will put another color, support is taken,
[29:51] we can see sell opportunity, 403 around, we can execute top layer, and stop loss,
[30:04] 408.9, let's cancel this, target will be 6 points,
[30:17] we can place stop loss at above, once we reach this level, and expect to reach second level,
[30:29] multiple stocks, if I draw something, if you notice, it is a head and shoulder pattern,
[30:41] shoulder, cross line, we can see the market structure is bearish, we can see that,
[30:53] important, if you see these two lines, this is a range,
[31:05] if you notice here, this is still breaking, recently it took support from the same range,
[31:17] so after drawing lines in higher time frame, we decide what to do, recently after one directional upside,
[31:29] when it falls, when it is visible here, because these are lines drawn in higher time frame,
[31:41] it is a retest, if we see at this point, huge volumes are formed,
[31:53] next day, it comes below the line, if we see a fall, another time, when it is reversing,
[32:05] because previously, not the volume, we should see the volume,
[32:17] this is the recent swing, till it breaks, when it is reversing,
[32:29] when the first candle is low, but now everything is over, after the recent fall,
[32:41] when retracement is coming, there is a chance of resistance, there is a chance of resistance,
[32:53] it is formed on September 26th, and face the resistance, if we break the previous day low,
[33:05] in fact, was a resistance, we can plan the trade,
[33:17] it is almost 209, if it comes to this level, because we did not trade at this level,
[33:29] I will see, we are executing in swing trading, in ITC,
[33:41] Arabindo Pharma related, Tech Mahendra related, I am maintaining the same theme, if you want,
[33:53] I will make weekly time frame levels, lower time frame levels, or we can discuss the same,
[34:05] I will explain my view, I am making so many videos, why don't you tell the point directly,
[34:17] pulling is not fun, putting a camera in front, I want to reach more people,
[34:29] I am not simplifying, i need to tell in detailed I am not telling by seeing script
[34:41] I will cover the remaining stocks in the next video, you can tell me that, you can check it manually,
[34:53] let's discuss the standard methods, I wanted to tell you everything in one video, but it took me so long to talk about these,
[35:05] so I divided it again, how to keep the values, I want to see the volume in 3 days,
[35:17] I want to see the higher levels, I have some standards, I want to talk about it in the video,
[35:29] if you want to do it, mention it in the comment section, we will discuss the topics in the list, I will meet you with the next video,
[35:41] if you like the content, if you want to support us further, will be in the description and comment section,
[35:53] and instead of opening a website, using our channel's referral links Okay, let's meet again If you liked it, please like our video
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[36:20] Jai Hind