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Swing Trading Strategy - Stock Screener Tools

Swing Trading Strategy - Stock Screener Tools

Description :
      For a equity swing trading strategy using techno - funda analysis we need a good fundamentally rich stocks, In indian stock market { NSE } there are morethan 2000+ listed stocks in which manual screening is impossible so we need a tools for screening fundamental parameters,
      In this strategy we use 2 screener tools for non banking stocks we use www.screener.in  and for banking stocks we use www.moneycontrol.com both screener's have android and ios apps and web portals,
      By using tools we filter stocks and we add a stocks in our zerodha kite watchlist by login with username and password,

Tool 1 - Screener.in

Description :
      In this screener we create a 4 screens of different market capitalization and query,  The four screens namely largecap stock bottom, midcap stock bottom, smallcap stock bottom and microcap stock bottom,

How to use screener.in tool :
Step 1 :  Open a play store in your mobile and search for a screener.in app and instail app,
Step 2 :  Open screener.in app and click on login button and create a new user account with email id and password,
Step 3 :  Click on edit colume button and add financial ratios are as follows P/E ratio, CMP, Mar cap, ROE, Debt to equity, ROCE, Ind P/E, Otr profit var YoY, Qtr sales var YoY, Change in promoter holding, Sales growth 3year, Profit growth 3year,
Step 4 :  Click on screens tab and click on create new screen button,
Step 5 :  Type a query on the given text box respectively and click on run the query button,
Step 6 :  Arrange the screen by market capitalization by click on market cap colume and save the query by click on save the query button by providing name and description,

Query for create new screens :
Query 1 :  LARGECAP STOCK BOTTOM
Return on equity > 15 AND Return on capital employed > 15 AND Net profit > 1000 AND Debt to equity < 0.25 AND Public holding < 25 AND Pledged percentage < 10 AND Market capitalization > 100000 AND RSI < 35 AND Current price < 5000

Query 2 :  MIDCAP STOCK BOTTOM
Return on equity > 15 AND Return on capital employed > 15 AND Net profit > 500 AND Debt to equity < 0.25 AND Public holding < 25 AND Pledged percentage < 10 AND Market capitalization < 99000 AND Market capitalization > 35000 AND RSI < 35 AND Current price < 5000

Query 3 :  SMALLCAP STOCK BOTTOM
Return on equity > 15 AND Return on capital employed > 15 AND Net profit > 200 AND Debt to equity < 0.25 AND Public holding < 25 AND Pledged percentage < 10 AND Market capitalization < 34000 AND Market capitalization > 10000 AND RSI < 35 AND Current price < 5000

Query 4 :  MICROCAP STOCK BOTTOM
Return on equity > 15 AND Return on capital employed > 15 AND Net profit > 100 AND Debt to equity < 0.25 AND Public holding < 25 AND Pledged percentage < 10 AND Market capitalization < 9000 AND Market capitalization > 2000 AND RSI < 35 AND Current price < 5000

Note :  Open a screener.in app daily @ 7 : 30 pm after market hours and open each screens one by one and add stocks on dedicated watchlist on zerodha kite, Make this as a daily standard procedure,

Tool 2 :  Moneycontrol.com

Description :
      In this moneycontrol.com tool we screen Banking stocks, Top gainers, Top loosers, Active in volume stocks, Indian vix and Advance / Decline ratio,

How to screen banking stocks :
Step 1 :  Open a play store and search for moneycontrol app and instail app,
Step 2 :  Login with create new account by username and password,
Step 3 :  Click on indian indices tab and click on nifty bank tab and click on stocks button,
Step 4 :  In this list there are 12 bank stocks multicap in which we need a bottom stock,
Step 5 :  Click on change % button on right corner of the list and arrange stock by top loosers,
Step 6 :  Add 3 top looser bank stock on zerodha kite dedicated watchlist,
Step 7 :  Open a  stock chart and look for rsi < 35 and draw a trend line and mark support zone,

Note :  In moneycontrol app you can find Indian vix, Stock indices and Advance / Decline ratio, You can track stock news and events,







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