Range Breakout Scans

What is Range breakout scanner ?

Range breakout scanner is a tool which helps you to identify and select stocks for intraday trading . Range breakout trading strategy is a strategy in which stocks break out of a trading range like 30 day range , 90 day range etc.

When stocks move out of a trading range, they clearly are in strong momentum and when such breakouts happen with volume, it gives very good move in Intraday as well.

CLICK HERE TO ACCESS RANGE BREAKOUT SCANNER

How to select stocks for intraday trading using Range breakout scans on Intradayscanner.com ?

Step 1: Open Range Breakout Scanner


Step 2 : Click on 30 days range breakout or 10 days range breakout depending on markets

Step 3 : Click H/L Change % column and sort it on basis of increasing or decreasing order depending on whether you want to go long in breakouts or go short in breakdowns.

Step 4 : As soon as a fresh stocks breaks range and appears in List , Open chart and check basic parameters like VWAP , Open interest (if FNO stock ) and pivot points

Step 5 : Prefer to go long in stocks having high Open interest and crossing R1 pivot with volumes.

Stocks breaking 10 days range

Click here to Open a demat account with India’s Best brokers and start Trading!

4 thoughts on “Range Breakout Scans

Leave a Reply

Your email address will not be published. Required fields are marked *

Intraday trading Scanners

Trend scanner – Find stocks in Uptrend or Downtrend

As wise men always say , Trend is your freind. Those who have burnt their hands in trading , they clearly know why its always right to be on the side of the trend of stock. Once you bring EGO in picture and hold on to trades which are against markets trend, you ultimately end […]

Read More
Intraday Intraday trading technical analysis

How to select stocks for intraday trading – beginners guide

One of the simple ways to select stocks for intraday is to trade on stocks which have high volume and high Open interest gainers and losers . Open interest means total number of outstanding futures and options contract all combined. If the stock price is moving up with increase in open interest , then traders […]

Read More
Intraday trading Intraday technical analysis

Which Stocks to select for Intraday Trading – Beginners lesson for trading

Today we are going to know about which stocks to select for intraday. Most of the people get confused by selection of stock. Not every stock is suitable for intraday trading, the dynamics on intraday movement should be satisfied to select the stocks which can be traded in intraday. We have to identify our stocks […]

Read More
%d bloggers like this: