Funda how to select stock (from Rajesh jindal)
1. Choose scrips in consolidation area ( trading in range ).
2. Where traders in confusion about buy/sell decision .
3.Low volume; no huge volume surge.
4.Down day volume should be narrow .
5. Bar high-low spread should be narrow .
6. Volume spike near support line ; expend near resistance .
7. Good sign in trading above support line when in range .
8. 2nd round after accumulation complete
9. Higher low + close near high +price increasing without volume .
10. Once breakout happens then no need of very high volume otherwise false breakout .
11. Huge volume + closing in lower half ( not good )
12. 100-150 % increase in volume + closing near top ( good )
13. When stock in uptrend every advance move need high volume &
retrenchment move need low volume .
14. Higher-high & lower-low is important factors .
1. Choose scrips in consolidation area ( trading in range ).
2. Where traders in confusion about buy/sell decision .
3.Low volume; no huge volume surge.
4.Down day volume should be narrow .
5. Bar high-low spread should be narrow .
6. Volume spike near support line ; expend near resistance .
7. Good sign in trading above support line when in range .
8. 2nd round after accumulation complete
9. Higher low + close near high +price increasing without volume .
10. Once breakout happens then no need of very high volume otherwise false breakout .
11. Huge volume + closing in lower half ( not good )
12. 100-150 % increase in volume + closing near top ( good )
13. When stock in uptrend every advance move need high volume &
retrenchment move need low volume .
14. Higher-high & lower-low is important factors .
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