Stock Screening

Overview

Stock screening is the process of filtering stocks based on specific criteria to identify potential investment opportunities. It helps investors narrow down the vast universe of stocks to a manageable list that meets their investment goals and risk tolerance.
I have developed two method for Stock Screening
- Trading view screener good for live scans
- Excel screener good for daily or weekly scans
Run Screener everyday to figure out new breakout or to catch good looking setups early

You
Exchange
- We will only focus on stocks listed on the NSE due to better liquidity more regulation
- BSE stocks can be more volatile and less liquid only consider if it's a very promising stock that is not listed on NSE
Market Cap
- Range : 500cr - 2,00,000cr
- We are looking for mid-cap and small-cap stocks that have the potential for significant growth
- Large-cap stocks are generally more stable but may not offer the same growth opportunities
Price
- Range : 30 - 7000
- We want to avoid penny stocks (below 30) which can be highly volatile and risky
- We also want to avoid very high-priced stocks (above 7000) that we can't buy in significant quantities with our budget plus avoid liquidity issues that can arise with very high-priced stocks
EMA 21
- Only consider stocks that are trading above their 21-day Exponential Moving Average (EMA) to ensure we are looking at stocks in an uptrend
All time High
- Only consider stocks that are within 20% of their all-time high to ensure we are looking at stocks with strong momentum and potential for further growth
Price change %
- Only consider stock with a price change of -2% or more today to identify stocks that may be experiencing a temporary pullback and could be good buying opportunities
- You can remove this criteria if you're doing weekly screening as it may not be relevant for longer-term analysis