This Gulluck Targeting Price Action Breakout or Reversals with volumes
Investment Rationale
We can select short-term momentum stocks by checking the daily trade reports of NSE stocks that are trading near a breakout and have high volumes. The second filter is checking the charts of the selected stocks to see if they are showing a breakout or reversal from their recent weekly, monthly, or yearly low. The third factor is the fundamentals of the business. We should focus on quality businesses because any fundamentally good stock can be held for the long term. However, if the selected stocks do not perform well, they can block our money.
