Strong Swing Trading Stcoks
Explanation (Line by Line) Market Capitalization > 1000 Selects companies whose market cap is greater than ₹1000 Crores. Ensures only mid-cap and large-cap companies (filters out penny/small risky stocks). Current price > 100 Only picks stocks trading above ₹100. Avoids illiquid penny stocks and ensures better quality companies. Current price > DMA 50 Stock price is above its 50-day moving average (50 DMA). Indicates short-term bullish trend. Current price > DMA 200 Stock price is above its 200-day moving average (200 DMA). Shows the stock is in a long-term uptrend. Current price > Down from 52w high * 0.85 Means stock is trading within 15% of its 52-week high. Ensures stock is near highs, not beaten down → a bullish strength filter. Volume > 1.7 * Volume 1month average Current volume is 1.7 times higher than the average volume of last 1 month. Suggests strong buying interest / breakout. RSI > 60 RSI (Relative Strength Index) is above 60. Indicates bullish momentum, avoids oversold/weak stocks. MACD > MACD Signal MACD line is above the Signal line → bullish crossover. Confirms momentum strength and potential swing entry. Sales growth > 10 Company’s sales (revenue) growth is greater than 10%. Ensures fundamentally strong business. Profit growth > 10 Company’s profit growth > 10%. Confirms profitability expansion, not just sales growth. Return on capital employed > 15 ROCE > 15% → means company uses its capital efficiently. A sign of a quality business. Promoter holding > 60 Promoters hold more than 60% stake. Shows high confidence of owners, reduces manipulation risk.