Guys, there were 7 initial criterias to create an initial watchlist-
1-Stock should be within 25% range from 52 week high.
2- CMP should be atleast above 30.
3- 200 MA should be rising for last 3 months atleast.
4- 50 MA should be above 200 MA.
1/n
1-Stock should be within 25% range from 52 week high.
2- CMP should be atleast above 30.
3- 200 MA should be rising for last 3 months atleast.
4- 50 MA should be above 200 MA.
1/n
5- CMP above 200 MA & preferably 50 MA too.
6- CMP should atleast be doubled from its 52 week low.
7- The stock should have made a new 52 week high atleast once every 4 to 6 months.
Out of this 7, I have been able to create scan for 5 points- point 1, 2, 4, 5 & 6.
2/n
6- CMP should atleast be doubled from its 52 week low.
7- The stock should have made a new 52 week high atleast once every 4 to 6 months.
Out of this 7, I have been able to create scan for 5 points- point 1, 2, 4, 5 & 6.
2/n
About No. 2 & 7 you need to check manually. Pls remember this is only an starting point with creating a watchlist, and you should look for trading ideas within the watchlist & also manually refine further as per the wisdom pearls selflessly shared by Manas everyday..
3/n
3/n
like Free Float, Overhead supply, Volume drying etc. In case I have been able to improve it further in future or add the left over points, I will be more than happy to share the improved version too & also welcome my fellow AFL coders to modify & improve it as per needed.
4/n
4/n
Screenshot of the AFL. Here in the Column- "1 Month Return", you can further filter out stocks which has given explosive returns in last 20 trading days. 6/6
I hope you'll like it @iManasArora.
I hope you'll like it @iManasArora.
This is point 3 & 7, not 2 & 7.
