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-
-Index movement
-upcoming triggers
-upcoming quarterly results/AGM

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More from @Anshi_________

2 Jul

A Thread.
As we all know, after Sebi's new margin rules, no. of fake breakouts has increased...

The most common questions that come to our mind are
- How to avoid fake breakouts?
- How to avoid getting trapped?
- How to get breakout confirmation?
- Buy after breakout or wait for a retest?
Answer. You can't avoid fake-outs most of the time and can't get confirmation as well.

But you do not really need to get confirmations most of the times to make money

Example of Fake-breakout below.
This is where most of us make losses Image
Read 8 tweets
30 Jun
My 🔟 Biggest Trading Mistakes 🧵
1⃣ Not having a trading plan

Initially, I had no proper trading plan.
Risk and rewards were not defined.

even when I tried to make a plan, I couldn't stick to it due to 2nd guessing and ended up making losses.

Overtrading and oversize are normal for traders without plan.
2⃣ Trying to buy bottoms and selling tops

'Squeezing the last drop of profit is the sure recipe to get rekt'

I tried to buy oversold stocks and sell overbought stocks..
Guess what??
ended up making losses

In trading, momentum is our friend, Try to be in the direction of trend.
Read 12 tweets

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