Rising 200 sma with retest chartink scanner

Kalpesh Jadav • 3 days ago

Original source

What This Video Is About

This video introduces the concept of swing trading stocks using Chartink, a platform that provides tools to identify potential stocks based on specific criteria. The video highlights the use of a custom code written to provide swing stocks based on the rising 200 moving average.

Major Ideas Discussed

  • The code utilizes a scanner to identify stocks that meet the specified criteria, focusing on the 200 moving average as a key indicator.
  • Backtest data is available to evaluate the effectiveness of the scanner.
  • The scanner has identified several companies that meet the criteria, with prices taking support above the rising 200 moving average.
  • Examples of such stocks are provided, including companies with prices supported above the 200 moving average.

What to Watch Next

Viewers can access the scanner by commenting "scanner", enabling them to identify potential swing trading stocks using the tool.