101 How To Find Bullish Stocks For Next Trading day ?

Finding bullish stocks for the next trading day is essential for traders looking to make timely decisions. With a StockEdge Premium subscription, this task becomes much easier. The premium features offer advanced analytics, customized scans, and pre-built strategies to identify stocks with strong upward momentum. By using technical indicators like volume trends and moving averages, traders can quickly spot potential bullish stocks. Additionally, StockEdge Premium provides curated lists of stocks that meet specific bullish criteria, saving time and effort. This guide will show you how to effectively find bullish stocks using StockEdge Premium for the next trading day.

To find bullish stocks for the next trading day, first go to the Analytics section of the platform. Once you’re there, look for an option called Trading Strategies. Click on it to see different strategies available. Next, scroll through the list and find a section called One Day Bullish Strategies. This is the section where you’ll find stocks that have the potential to go up in value within the next trading day. By selecting this option, you’ll get a list of stocks that meet the criteria for bullish momentum, helping you make better trading decisions.

You will see 3 strategies

• Cannon (Momentum): As the name suggests, this strategy filters stocks on the basis of technical momentum exhibited in the previous trading sessions, with the perspective that the momentum would continue. The strategy looks for some confirmation in terms of both price and volume action. It can be used for intraday trading. One may run the strategy on the major stock category only.
  Sword (Continuation): As the name suggests, this strategy filters stocks whose inherent trend is positive, however, these have consolidated for the last few days and shown fresh momentum on the previous day with indications that the momentum may continue. The strategy looks for some confirmation of a few established technical indicators. It can be used for intraday trading. One may run the strategy on the major stock category only.
• Dragger (Reversal): As the name suggests, this strategy tries to filter stocks which seem to have turned around after a sharp fall and have the potential to move up on the next day. The strategy looks for some confirmation of a few established technical indicators. It can be used for intraday trading. One may run the strategy on the major stock category only.

• Please look at the charts of the filtered stocks and try to see through price action if these are showing bullish momentum.
• Also see the momentum of the market. Always take a trade with the momentum of the market.
• On the particular morning one needs to take note of the first 15 minutes candle’s high of the stocks already filtered in the strategy. One can do this process from any reliable charting platform.
• A buy order can be placed if a 15-minute bullish candle closes and price consolidates in for next 5 to 10 minutes above this 15 min candle.
• Stop loss to be placed below 15 min candle and target will be when risk reward ratio is 1.15 is achieved.
• If executed trades neither trigger stop loss nor hit the target by 3.20 PM on the same day, one should square off all open positions at 3.20 at the market price and remove all pending orders.
  
  In conclusion, using the StockEdge Premium subscription simplifies the process of finding bullish stocks for the next trading day. With its advanced tools and data-driven insights, traders can make informed decisions quickly and efficiently, increasing their chances of success in navigating the stock market with confidence.