Discover a proven 3-step Chartink strategy to spot breakout stocks early using volume, RSI, and price action. Simple, fast, and effective!
π Bullish Breakout Strategy (When the Market is Strong)
Bullish Entry Filters:
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Price Close > Highest High of last 125 days
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Daily Volume > 125-day SMA of Volume
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RSI (14) < 70 (to avoid overbought traps)
π» Bearish Breakdown Strategy (When the Market is Weak)
Bearish Entry Filters:
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Price Close < Lowest Low of last 125 days
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Daily Volume < 125-day SMA of Volume
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RSI (14) > 30 (ensuring stock isn't oversold yet)
π― Entry Rule:
Enter at close, ONLY if:
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Price closes above the 125-day High (Bullish)
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Price closes below the 125-day Low (Bearish)
π Exit Rule:
Exit at the Close of 5th trading day (1 week hold) — no matter what.
π» How to Set This Up in Chartink (Step-by-Step)
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Login/Register at: https://chartink.com/login
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Select Your Segment (e.g., NIFTY 500)
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Click “+” to create a new scanner
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Enter your Bullish or Bearish strategy filters
π Why This Works:
✅ Combines price action + volume + momentum
✅ Works in both bullish and bearish markets
✅ Removes emotions with clear entry & exit rules
✅ Works on daily timeframe—ideal for part-time traders
π§ Final Thoughts:
This strategy isn't about chasing 100% return trades. It’s about building a system where:
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You lose small
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Win big occasionally
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Stay consistent over months, not minutes
If you’re serious about trading, try this setup for 30 days. Tweak it. Track it. Own it.
π© Want the exact Chartink scanner links?
Drop a comment or DM me, and I’ll personally send you my pre-built links.
Trade smart and stay sharp.
— Harthik T
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