Himanshu selection Criteria_ Chart

Himanshu Sharma's Potential Stock Entry Scanner Criteria: The scanner typically operates on Weekly charts market cap between ₹1,000 Crore and ₹30,000 Crore The direction of the MA (upward slope) confirms the trend Recent Volume is significantly higher than average volume... Post-Scan Analysis (Qualitative/Visual Checks):- Confirm Primary Up Trend and Pattern: Visually inspect the weekly/monthly charts to confirm the stock is in a clear primary uptrend and is just starting off or breaking out from a downtrend or a sideways consolidation base Verify Volume Action: Confirm visually on the chart that the recent high volume is accompanying strong upward price moves (wide range green candles)15.... Low volume during corrections or sideways movement within the uptrend is also a positive sign Identify Business Trigger/Infant Industry: Read company presentations, con calls, and news to find the business trigger or story behind the numbers and price action1.... Identify if the company belongs to an Infant Industry or emerging sector that is currently in "fashion" or a strong trend Criteria: Market Cap >= 1000 Crore AND Market Cap <= 10000 Crore1.... (An optional separate scan for Market Cap > 10000 Crore can also be run9). Close Price >= 0.80 * 52-week High Close Price > 200 DMA Close Price >= 1.50 * 52-week Low Average Volume (e.g., last 50 days) > [Minimum Threshold] AND Volume (e.g., this week's volume) > [Multiplier] * Average Volume (e.g., last 20 weeks)). Quarterly PAT (latest) >= 1.20 * Quarterly PAT (previous) Himanshu Sharma's Potential Stock Exit Scanner Criteria: (1) Close Price < 40-week EMA. (2) stocks that have recently set a new high, consolidated, and then broken below the low of that consolidation after the new high was set. (3) if for stocks that have had an extremely rapid recent price increase AND a large price drop within the same week or period on unusually high volume. This is best identified by visual inspection after filtering for extreme recent volatility and volume. ex. IRCTC in 2021. (4) Quarterly PAT (latest) < Quarterly PAT (previous) Close Price < Open Price (indicating a red candle) AND Volume > [Multiplier] * Average Weekly Volume (e.g., 20-week average)7 AND (Open Price - Close Price) / Open Price > [Significant Percentage, e.g., 5%] (indicating a wide range red candle)10. Alternatively, depending on scanner capabilities, you might look for a significant percentage drop in price over the week (e.g., Close Price < 0.95 * Previous Week's Close) accompanied by high volume. Identify stocks that have recently set a new high, consolidated, and then broken below the low of that consolidation after the new high was set. Signs of a Climax Top: This is a powerful exit signal, though difficult to fully automate in a simple scanner12. It involves a rapid, parabolic vertical move (often 50-70%+ in a very short time) followed by a sharp price reversal (closing much lower than the high) on the highest volume seen in the stock's history12.... ◦ Conceptual Criteria (Difficult for Scanner): Look for stocks that have had an extremely rapid recent price increase AND a large price drop within the same week or period on unusually high volume. This is best identified by visual inspection after filtering for extreme recent volatility and volume. Quarterly PAT (latest) < Quarterly PAT (previous) OR Quarterly PAT Growth (latest) < [Threshold] (e.g., less than 0%, or significantly less than previous growth rates).

by Karan