How To Shortlist Breakdown Stocks (weak) in India Every Day in 10 Minutes? (2023 Share Market)
Updated: May 27
The stock market will move in cycles. Sometimes it goes up, sometimes it goes down, and on some occasions, it goes sideways.
A stock becomes weak when it fails to break out of its resistance levels or falls below its supports.
The key is to identify these stocks, and taking short trades in these stocks helps traders make money even when the market is in a downtrend.
The objective of this article is to show you how to do that in just 5 minutes.
How does this Breakdown Scanner work?
This scanner picks the data from the NSE India website for Nifty-50 stocks and Nifty F&O stocks.