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Share Market में High Momentum Stocks कैसे निकाले?

Learn2Trade Series: Episode 6

In this sixth episode, Mr Vivek Bajaj will tell the best way to identify high momentum stocks and trade with negligible risk and maximum gain. It's critical to have the option to determine stocks rapidly as an intraday trader, yet how would you realize you're following the right stocks? In this video, he will show two methodologies for recognizing high momentum stocks for intraday. The primary method is tape reading, and the second is by utilizing the power of scans recorded in StockEdge.

Watch the whole video to get familiar with the technique of participating in intraday and swing exchanging trading effectively with more conviction and minimal risk.

What You Will Learn

Mr. Vivek Bajaj introduces Falcon, a specialized tool that is essential for intraday trading. Falcon specialises in capturing each tick, allowing it to provide real-time insights into minute price fluctuations. Falcon's primary objective is to assist traders in quickly identifying intraday momentum stocks for buying or selling, in line with the rapid nature of intraday trading.

Moving on to TradingView, Mr. Vivek Bajaj emphasizes the importance of time frames in intraday trading. He guides participants through the process of setting up a 15-minute chart, giving them a hands-on grasp of how to analyze stock movements in shorter time frames. Trendlines are introduced as essential tools in this discussion, helping traders decide whether to enter or exit a position by helping them identify possible supply and demand zones.

He then delves into the process of stock scanning using StockEdge, a comprehensive tool equipped with various scans. Mr. Bajaj introduces and elaborates on several price-based scans, such as last week's breakout, previous month's breakout, and 52-week high/low scans. For traders looking for stocks that show momentum based on past price moves, these scans are invaluable tools.
Mr. Bajaj explores delivery percentages, a statistic that is frequently disregarded but has important implications for understanding market players' conviction and overnight interest. Traders are divided into two categories: position builders (delivery-based traders) and game players (intraday traders), each of which carries a distinct amount of risk and conviction.

Drawing parallels between priests and StockEdge, he guides participants through the technical and fundamental scans. He underlines how crucial it is for traders to understand the importance of every indicator, establishing an analogy between meeting with several priests to gain divine guidance.

He talks about a particular intraday trading technique that includes waiting to enter a trade until the first 15-minute candle forms strategically. Participants are instructed on how to identify potential support or resistance levels in order to make informed choices. He lastly discusses the importance of quantity in trade. In order to properly manage risk, he advises beginners to start with a small number of equities (5–10 holdings) and progressively expand exposure as confidence rises.

Watch this video to delve into a comprehensive exploration of how to identify momentum stocks for intraday with real-world examples utilizing Falcon, TradingView, and StockEdge. Throughout the session, you will gain valuable insights into crucial concepts such as trendlines, price-based scanning, and the significance of delivery percentages in shaping effective trading decisions. This course not only imparts actionable knowledge but also lays the foundation for active participation in stock scanning and tracking.

By watching this video, you will be better equipped to develop individualized trading strategies. As the course progresses, you'll acquire a deeper understanding of combining scans, refining your approaches, and adeptly navigating the complexities of the dynamic trading environment. Join Vivek Bajaj in this insightful class and empower yourself with the skills needed to succeed in the world of intraday trading.

Learn the Short-term momentum trading & best strategies with our Masterclass on Short-term Momentum Trading

Frequently Asked Questions (FAQs)

Q1. How to find momentum stocks for intraday trading?

In this video, Mr. Vivek Bajaj discusses two useful techniques: using StockEdge scans and reading tapes. The goal of both methods is to assist traders in quickly determining whether stocks have momentum for buying or selling.

Q2. What role does Falcon play in intraday trading?

Mr. Vivek Bajaj has emphasized Falcon as a specialized tool that is necessary for intraday trading. It records every tick and offers up-to-date information on price changes. In keeping with the fast-paced nature of intraday trading, Falcon helps traders find high momentum stocks for intraday.

Q3. How important are delivery percentages in stock trading, and how do they affect trading decisions?

Delivery percentages are important in determining market participants' confidence and sustained interest in a certain stock. A high delivery percentage suggests long-term investor interest since it shows that a sizeable amount of the trading activity is related to actual share deliveries. Conversely, a low delivery rate might point to increased intraday or speculative trading. Delivery percentages are a useful tool for traders to assess the strength of a trend and help them decide whether to enter or exit positions.

About Mr. Vivek Bajaj

Vivek bajaj image

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

Learn2Trade Series: Episode 6

In this sixth episode, Mr Vivek Bajaj will tell the best way to identify high momentum stocks and trade with negligible risk and maximum gain. It's critical to have the option to determine stocks rapidly as an intraday trader, yet how would you realize you're following the right stocks? In this video, he will show two methodologies for recognizing high momentum stocks for intraday. The primary method is tape reading, and the second is by utilizing the power of scans recorded in StockEdge.

Watch the whole video to get familiar with the technique of participating in intraday and swing exchanging trading effectively with more conviction and minimal risk.

What You Will Learn

Mr. Vivek Bajaj introduces Falcon, a specialized tool that is essential for intraday trading. Falcon specialises in capturing each tick, allowing it to provide real-time insights into minute price fluctuations. Falcon's primary objective is to assist traders in quickly identifying intraday momentum stocks for buying or selling, in line with the rapid nature of intraday trading.

Moving on to TradingView, Mr. Vivek Bajaj emphasizes the importance of time frames in intraday trading. He guides participants through the process of setting up a 15-minute chart, giving them a hands-on grasp of how to analyze stock movements in shorter time frames. Trendlines are introduced as essential tools in this discussion, helping traders decide whether to enter or exit a position by helping them identify possible supply and demand zones.

He then delves into the process of stock scanning using StockEdge, a comprehensive tool equipped with various scans. Mr. Bajaj introduces and elaborates on several price-based scans, such as last week's breakout, previous month's breakout, and 52-week high/low scans. For traders looking for stocks that show momentum based on past price moves, these scans are invaluable tools.
Mr. Bajaj explores delivery percentages, a statistic that is frequently disregarded but has important implications for understanding market players' conviction and overnight interest. Traders are divided into two categories: position builders (delivery-based traders) and game players (intraday traders), each of which carries a distinct amount of risk and conviction.

Drawing parallels between priests and StockEdge, he guides participants through the technical and fundamental scans. He underlines how crucial it is for traders to understand the importance of every indicator, establishing an analogy between meeting with several priests to gain divine guidance.

He talks about a particular intraday trading technique that includes waiting to enter a trade until the first 15-minute candle forms strategically. Participants are instructed on how to identify potential support or resistance levels in order to make informed choices. He lastly discusses the importance of quantity in trade. In order to properly manage risk, he advises beginners to start with a small number of equities (5–10 holdings) and progressively expand exposure as confidence rises.

Watch this video to delve into a comprehensive exploration of how to identify momentum stocks for intraday with real-world examples utilizing Falcon, TradingView, and StockEdge. Throughout the session, you will gain valuable insights into crucial concepts such as trendlines, price-based scanning, and the significance of delivery percentages in shaping effective trading decisions. This course not only imparts actionable knowledge but also lays the foundation for active participation in stock scanning and tracking.

By watching this video, you will be better equipped to develop individualized trading strategies. As the course progresses, you'll acquire a deeper understanding of combining scans, refining your approaches, and adeptly navigating the complexities of the dynamic trading environment. Join Vivek Bajaj in this insightful class and empower yourself with the skills needed to succeed in the world of intraday trading.

Learn the Short-term momentum trading & best strategies with our Masterclass on Short-term Momentum Trading

Frequently Asked Questions (FAQs)

Q1. How to find momentum stocks for intraday trading?

In this video, Mr. Vivek Bajaj discusses two useful techniques: using StockEdge scans and reading tapes. The goal of both methods is to assist traders in quickly determining whether stocks have momentum for buying or selling.

Q2. What role does Falcon play in intraday trading?

Mr. Vivek Bajaj has emphasized Falcon as a specialized tool that is necessary for intraday trading. It records every tick and offers up-to-date information on price changes. In keeping with the fast-paced nature of intraday trading, Falcon helps traders find high momentum stocks for intraday.

Q3. How important are delivery percentages in stock trading, and how do they affect trading decisions?

Delivery percentages are important in determining market participants' confidence and sustained interest in a certain stock. A high delivery percentage suggests long-term investor interest since it shows that a sizeable amount of the trading activity is related to actual share deliveries. Conversely, a low delivery rate might point to increased intraday or speculative trading. Delivery percentages are a useful tool for traders to assess the strength of a trend and help them decide whether to enter or exit positions.

About Mr. Vivek Bajaj

Vivek bajaj image

The passion for data, analytics and technology is what makes Vivek Bajaj a financial market survivor. The journey as a market participant started in 2002 when the first trade was executed in the options contract of ITC. Life was simpler and easier during that time. Since then technology and Big data have taken over totally. As an early adapter to the complex tools, Kredent was formed to capitalise on the opportunities. He is co-founder of StockEdge and is committed to bring simplicity in the complex world of market data. He is a Chartered Accountant, Company Secretary and an MBA from IIM Indore. He is a part of various committees of exchanges and regulator and he has been an active contributor in the evolution of Indian Derivatives Market.

Other series by Elearnmarkets

Through this series, watch Vivek Bajaj simplify investing and key components required to build a habit of investing and unleash the power of compounding.

All Episodes

Other series by Elearnmarkets

Watch Mr. Vivek Bajaj introduce the basic concepts of trading and discuss the various stock market indicators.