Bullish Breakout with Volume Confirmation Scanner
Code | Price | Open Price Latest | Low Price Latest | Close Price Latest | Close Price (P-3) | Day Volume (K) | Chart | |||
---|---|---|---|---|---|---|---|---|---|---|
COHANCE | 1005.0 | 968.75 | 968.75 | 1005.00 | 967.90 | 291.12 | ||||
HAL | 4941.9 | 4881.00 | 4881.00 | 4941.90 | 4869.80 | 942.32 |
This strategy identifies bullish stocks with strong price action and volume. The latest open equals the latest low, signaling buying interest, and the close is above the close from 3 previous periods, confirming momentum. If the stock consolidates the previous day and breaks out in the first 5-minute candles, enter at the first candle’s close with a stop-loss at its low.
Fine Tune : You can customise these screeners by clicking on 'Fine Tune Filter' Option
Caution : All these screeners are crafted based on some historical scenarios which may / may notbe applicable here. We recommend to fine tune them according to current market conditions or seek expert advise before taking any decision.