High Low Scanner of All NSE Stocks
The Entry and Exit details is explained step by step below
⇨ Here BUY signal is generated when OPEN = LOW (or Indicating O=L right side of Card view)
⇨ and SELL signal is generated when OPEN = HIGH (or Indicating O=H right side of Card view)
If a stock opens " Open = Low " and the weekly chart is also in up trend , You can goLong with confidence.
In the similar way if " Open = High " and the weekly chart is in down trend you can go short with confidence.
For Intraday trading choosing high liquid stocks for trading will help you Enter and Exit a trade very easily.
Example: When the volume is 5,00,000 above (see volume in stock details) the column turns green, Which indicates there is good liquidity and this will help you easily enter and exit trades.
For Buying Stock >> Open=Low with Weekly uptrend and Volume 5,00,000 and above.
For Selling Stock >> Open = High with Weekly downtrend and Volume 5,00,000 and above.
To be successful in Intraday trading having a tried and tested strategy is very important. The open high low strategy is one of the famous strategies which has high accuracy, many people use this strategy on a day to day basis.
Selecting stocks plays a major role in intraday trading, there are various strategies to select stocks for day trading The open high low strategy is one among them, the strategy is very simple and easy to understand.
Why Open High Low Strategy (OHL) is so famous and easy!
1. You can understand this strategy very easily and implement it in the next trading session.
2. No need for pre-day analysis, Yes! you save so much of time.
3. Selecting stocks becomes so easy,
You just have to know the trend/direction the market is headed Preferred, to run this strategy on at least 3 scrips so that if one fails other two will help you be in profit
Entry details:
1. Scan the stocks with Open=Low and Open=High when the market open from this scanner.
2. Wait till 9.30 A.M and analyze the overall market trend.
3. If the Nifty50 index is above 0.20% go on the buy side and if below 0.20% go on the sell side.
4. At 9:30 AM if the low/high is not broken, Buy/Sell stock according to the strategy.
5. Time frame 5 minutes candlestick preferred.
Exit details:
1.Keep target of 0.3 % or 0.5 % of the stock price for beginners, and if your an expert exit according to your technical analysis.
(For understanding, if the stock price is 250 then 0.3% of the stock price is calculated by multiplying 250 with 0.3%
Calculation of Target :
( 0.3 / 100 ) *Stock price
(0.3/100)*250 = 0.75 Rps.
If you had bought 200 stocks at the price 250, then the total profit you will obtain is 200*0.75 = 150 Rps.)
2. Stop Loss: It is preferred to keep SL at the open/close of the previous candle as stop loss, But the stop loss should never be more than 1% of the stock price. If its more than 1% dont take the trade.
Category : Finance
Reviews (30)
somebody here was telling that app is not working! for me also first it was the same experience when u just click the scanner but actually u need to select the 'nifty' segment , then scan, it will work and absolutely brilliant app
excellent, it is very helpful. but it in this we can check only present date open high low data , if it provide an option to check previous date open high low data, like history of I will appreciate more..
In spite of my mobile being in silent mode, this app suddenly pops up audio message which is not only annoying but also violating my privacy. Only a cheap sub-standard app runs this type unwanted audio message.
Honestly first i would like to tell you its a really creativity what your team did for this wonderful application.!!! Very Nice 👌
What a lovely app u guys have made. It's teally awasome. I just wanted to know how this will work with live market because data seems 2-3 minutes behind. Also lot of advertisement disappoint most of the time during live market. How we can rid of with this issue. Pls advise
It working again since 13.04.2021. Good app in comparison to other intraday apps, simple and clear interface is very good and easily understand able but pse, cpse, realty, media, mnc stocks list and indices list or charts missing for me
Very good application developed. Required to provide/add stocks tool for betterment of study stock movement. Kindly arrange to place nifty 50 or sensex indicator with charts on top of the app. Requires to edit sorting columns which are not working. Thanks for the application.
My first impression is good. Apart from the OHL Scanner, the app provides much more information, including Charts. However, I can't see Index Charts; can these be added please. Also, the OHL Scanner isn't provided for Midcap 50 stocks. Can this too be added please.
Good ideas helpful in intraday trades and simple to use and understand. Good improvements seen. Enable alerts and a watchlist. OHL method can be applied to watch list.
Everything is excellent and awesome team, but if you add futures in OHL screener it will be marvelous and blowing, FO Stocks option is there but it is showing only in cash type not in actual futures.... If you make this change, then I will give you 5 star rating, good work keep it up team members....
Bro small saggetion it will be good appearing all compeny names left side and their opening price, high price and low prices and closing price of current day for technical analisys. They people love more. Its deffecult type script and these values all compenies. Isn't it? Brother one more suggetion its also good overall market status to be mentioned as an information which important to carry on trade
Really one of best app for OHLC strategy In addition gives real time display of individual stock in chart. Besides this if this app could adjust daily volatility index of individual stock then it will be more efficient to use..
The day I noticed the app contains ad with auto run audio which embarrassed me a lot, I uninstalled it without any delay.
Just now installed the app and its data is good and ur customer service is more than good...never seen anyone replying to their customers review in ur way i really liked the way of approach and hope u develop the app to another level with awesome support like this 💥💯
no data is available in this app I select the option but it just keep on browsing for 15min and ultimately pop up with a massege of no result found. very bad aap
Very bad experience. Nothing show on ohl scanner.. I know very things. But your app doesn't show anything.
Amazing app. It's very helpful. NIFTY F&O stocks is missing in the new update. Kindly please put it back.
App not working. On every link it shows no record found and search button keep on loads no result.
Pathetic experience,u cant save ur chart settings every time u open up chart it will open in default mode.Its simple waste of time.
App is good,...but there is no option to customize ..High and low...up to some persantge... change in price High and low up to 0.50%..at time around 9.45am
Amazing app. One question- is the nifty movers(top gainers/losers) live/updates automatically, if yes, in how many seconds, OR do we have to refresh it again and again? Thanks.
Very nice app. But i am not able to open nifty 50 chart. Else all stocks chart can be opened. Kindly guide on that.
Excellant app. Only this can be said. But if bid and ask volume given like the old software it will full fil all. It help us single eye movement
Your app is very good. Can you add Intraday gainers and losers (not include opening gap, only % change from 9:15 AM opening price Edit: Your app shows total change. I am talking about different intraday return. For example, On 24th July 20, HCLTECH daily change is 4.69%, where as Intraday return is 6.63%.
There is a problem with nifty 50 filter.. When i select it there are no records and when I click on nifty 200 all the stocks for the filter contain nifty 50 stocks
One basic option is missing in sorting that's sort by percentage wise... which is more important to sort data in % Up or %down...
My experience on your app is good enough but had it be stocks of other technical parametre in the same or other scannerlike app would be a great.
Good easy to use and available Chart a Plus Point. THANKS for your good efforts.
Very good mobile app in assisting of getting the fundamental information while you trade on the platform ! How about encompasing the commodoties ?
I am really impressed with your work. Your app is giving most of the information about stock. Your app almost cover all the technical indicators. I request you to add the facility to save the chart with indicator. Thanks, God bless you.