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Using the Investar Intraday Screener


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This Presentation shows two simple strategies of using the Investar Intraday Screener to identify intraday and short-term trading opportunities in the Indian Stock Market (NSE).

Published in: Economy & Finance

Using the Investar Intraday Screener

  1. 1. Using the Investar Intraday Screener & Scan Alerts Himanshu Patil October 8, 2010
  2. 2. Target Audience Day Trader Short- Short-Term/Swing Trader Long- Long-Term Trader interested in improving entry timing October 8, 2010
  3. 3. Prerequisites Knowledge of Basic Technical Analysis: – Trend Analysis – Support/Resistance Analysis – Find Bullish/Bearish Signals in Indicators – Find Bullish/Bearish Signals in Candlesticks October 8, 2010
  4. 4. How can the Intraday Screener Help you? Finds 32 Bullish/Bearish Technical Patterns in 5-min charts every 5 mins. 5- mins. Scans the entire NSE/NSE index of choice. Great source of ideas. Helps you “widen” your universe of trading stocks. October 8, 2010
  5. 5. Intraday Screener Support/Resistance Breakouts (14 scans) Bullish/Bearish Signals in Indicators (14 scans) Bullish/Bearish Signals in Candlesticks (4 scans) October 8, 2010
  6. 6. Intraday Screener Support/Resistance Breakouts (14 scans) – Gainers on Strong Volume (3) – Losers on Strong Volume (3) – New Highs (3) – New Lows (3) – Gap Ups/Gap Downs (2) October 8, 2010
  7. 7. Intraday Screener Bullish/Bearish signals in Indicators (14 scans) – EMA (4) – SMA (4) – MACD (2) – RSI (4) – And more coming soon… soon… Bullish/Bearish signals in Candlesticks (4 scans) October 8, 2010
  8. 8. Intraday Screener Two simple strategies – Bullish 5-20 EMA Crossovers – Breakout on strong volume October 8, 2010
  9. 9. EMA Crossover Strategy Focus on Bullish 5-20 EMA Crossovers. 5- Analyze the Current Trend to know if it is Downtrend or Sideways Trend. Buy or put a watch if you find a new intraday trend emerging. TIP: Better if some other indicators have also given Buy signal (e.g., RSI). October 8, 2010
  10. 10. Volume Breakout Strategy Volume =>Institutional Buying interest Focus on Gainers on Strong Volume Buy when you find a stock breaking out of a resistance on Strong Volume TIP: Put Scan Alerts on End-Of-Day End-Of- Volume Gainer stocks, because a lot of times stocks continue gains over a few days and you might find some gems here. October 8, 2010
  11. 11. Interpretation of Volume Terms – Vol% = Today’s Volume as a % of 50-day Vol% 50- avg volume – Gainers on Strong Volume (Intraday 5-5- min) Volume in last 5-min tick 5- > Average volume of last 50 5-min ticks 5- October 8, 2010
  12. 12. Interpretation of Volume – Gainers on Strong Volume (End-Of-Day) (End-Of- Volume on the last closing day > 50-day average Daily Volume 50- October 8, 2010
  13. 13. How do I get the screener? EOD users will be able to enable intraday with one or both of these add-ons: add- – Intraday Screener Add-On (NSE) Add- Intraday Scans Intraday Scan Alerts – Intraday Add-On (NSE) Add- 5-min real-time data real- Intraday Expert Advisor October 8, 2010
  14. 14. Webinar (Oct 17th,2010) Basics of Technical Analysis What is Technical Analysis? Types of Charts Concept of Support and Resistance Finding Support & Resistance Levels Concept of Trend Identifying Up Trends and Down Trends Copyright © 2009 Proseon Inc. May not be reproduced without permission
  15. 15. Basics of Technical Analysis (contd) contd) Types of Technical Indicators – Volume, Trending, Oscillating Understanding the basic indicators – Volume, EMA, SMA, Bollinger Bands, ADX, RSI, MACD, Stochastics Intro to Japanese Candlesticks Q&A and TA for scrips suggested by you Copyright © 2009 Proseon Inc. May not be reproduced without permission
  16. 16. Webinar (Oct 19th, 2010) Intermediate Technical Analysis Conducted in LIVE Market More Indicators – Open Interest, OBV, Parabolic SAR, TRIX, Williams %R, CCI Fibonacci Retracements Divergences Pivot Pt-based Support/Resistance Levels Pt- Classical Patterns Multiple Timeframe Analysis Copyright © 2009 Proseon Inc. May not be reproduced without permission
  17. 17. Intermediate Technical Analysis Short- Short-Term Buying/Selling Strategies Setting Stop Losses Money Management Copyright © 2009 Proseon Inc. May not be reproduced without permission
  18. 18. Special Offer for Webinar Attendees One Webinar FREE with Investar 2.0 Annual Subscription If you subscribe for the Annual Intraday Screener Add-On in the next 7-days, we Add- will throw in the 2nd one also for FREE. Copyright © 2009 Proseon Inc. May not be reproduced without permission
  19. 19. The End October 8, 2010