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Shortlisting stocks for trading

Discussion in 'Technical Analysis' started by mailtoswarup, Dec 24, 2017.

  1. mailtoswarup

    mailtoswarup Member

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    I would like to know the shortlisting procedure for stocks to trade from all expert traders and ofcourse Shabbir Bhai.
    Right now i am doing shortlisting on high volume and the stocks which have RSI in the range of 50 to 60. Normally i go for the CNX 100 stockz list and CNX midcap list for shortlisting.
    Looking for more benificial methods of short listing

    Sent from my Redmi Note 3 using DIY Technical Analysis mobile app
     
  2. shabbir

    shabbir Administrator Staff Member

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    I don't shortlist based on technical but the process is based on fundamentals. Then use chart pattern for right entry price and use the quarterly results to remain invested for the right amount of time.

    Read the following articles

    https://shabbir.in/investment-checklist/
    and
    https://shabbir.in/fundamental-analysis/

    Once the stock qualifies the above checklist and analysis, I analyze the business on the following parameters

    https://shabbir.in/business-checklist/

    Then comes the understanding the technical analysis based on price action.

    For technical analysis my ebook is a good starting point for my way of looking at charts.