How to find swing trading stocks with chartink screener | Rising 200 SMA With retest

What This Video Is About

This video is about creating a stock scanner that helps identify stocks with a rising 200 moving average, making them suitable for swing trading with significant momentum. The scanner is designed to find stocks that meet specific conditions, including market capitalization, price range, and the relationship between the stock's price and its 200 moving average.

Major Ideas Discussed

• The video explains how to create a scanner on a charting site by selecting specific conditions such as market capitalization greater than Rs 1000 crore, price greater than ₹ 100 and less than ₹ 5000, and the stock's price taking support above the rising 200 moving average.
• It discusses the use of the COUNT function to check for a rising moving average, where 18 out of 20 candles must have a closing price greater than the 200 moving average.
• The video provides a step-by-step guide on how to add these conditions to the scanner and how to backtest the scanner to see the results.
• An example of a stock that met the conditions, KPR Mill, is given to illustrate how the scanner can be used to find trading opportunities.
• The video concludes by providing the scanner link in the comments section for viewers who want to use it.

What to Watch Next

Viewers are advised to backtest the scanner, use it to find stocks suitable for swing trading with significant momentum, and monitor the performance of the stocks identified by the scanner.