Thread by @Anshi_________

How to filter breakout stocks that have higher chances of giving upper circuits or big moves??

A thread❣️

1 - The bigger the consolidation, The bigger will be the move..

Look for stocks that are going to break out a bigger consolidation range..
atleast 52 Weeks

Example - Force Motors

2- There are some stocks that move better after giving a breakout and some are which just decline on every resistance like ITC ,

In chart , You have to see the stock behaviour and the immediate resistance..

Example - In GNA, we were facing resistance at 420 and 580

3- Before Breakout, Stocks should give a bigger move and consolidate few days near the breakout point.

Example - #SHANKARA

It moved from 460 to 540 in a day few days ago..
this is the time when smart money entered the stocks and increased their stake during consolidation

4- Stocks with low market float tend to give bigger moves on both sides -
These are best to buy during an uptrend

Example - SMSLIFE
It has given 2/3 10 percent move after breakouts in a single day..

5- Stocks trading near their 52 Weeks highs tend to give good moves -

stocks should do good accumulation near all-time high or 52 weeks high...
Example -Tata Steel and whole metal sector

6- The sector and peers should perform..
cause smart money moves in sectors rather than an individual stock as they need more liquidity..

Example - Dwarkesh Sugar AND whole sector

Some other factors which are important as well are-
-Volume
-Index movement
-upcoming triggers
-upcoming quarterly results/AGM

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