📈 Keyword Focus: How to use Chartink, Chartink stock screener, Chartink intraday scanner, Best Chartink scanners, Technical analysis tools
📌 Introduction: Why Use Chartink?
Chartink is one of the most powerful stock screening tools for Indian traders and investors. It helps find winning stocks based on technical and fundamental parameters. Whether you’re an intraday trader, swing trader, or long-term investor, Chartink can help you filter stocks that match your strategy.
✔️ What You’ll Learn in This Guide:
✅ How to navigate and use Chartink
✅ How to create custom stock scanners
✅ Best Chartink scanners for intraday and swing trading
✅ Tips to optimize your stock search
By the end of this guide, you’ll be able to find high-potential stocks using Chartink like a pro! 🚀
📌 Step 1: Understanding Chartink’s Interface
To get started, visit Chartink.com. You’ll find:
✔️ Key Sections on Chartink
1️⃣ Stock Screener – The core feature where you filter stocks based on conditions
2️⃣ Prebuilt Scanners – Ready-made screeners for breakout stocks, volume gainers, RSI signals, etc.
3️⃣ Custom Screener – Lets you create your own filters based on technical indicators
4️⃣ Historical Data – View past scanner results for backtesting strategies
💡 Tip: Start by exploring popular screeners to see how Chartink filters stocks.
📌 Step 2: How to Use Prebuilt Chartink Scanners?
Chartink provides prebuilt stock screeners that can be used instantly.
✔️ Best Ready-Made Chartink Scanners
🔹 Intraday Breakout Stocks → Chartink Scanner
🔹 High Volume Stocks → Chartink Scanner
🔹 RSI Overbought/Oversold → Chartink Scanner
🔹 Stocks Above 200-Day Moving Average → Chartink Scanner
✔️ How to Run a Prebuilt Scanner?
1️⃣ Go to Chartink Screener
2️⃣ Select any scanner (e.g., Intraday Breakout)
3️⃣ Click “Run Scan”
4️⃣ View the filtered stocks and their price action
💡 Tip: Use different timeframes (Daily, Weekly, Monthly) to refine your search.
📌 Step 3: How to Create a Custom Scanner in Chartink?
To find winning stocks, you need custom scanners that match your trading style.
✔️ Example 1: Bullish Breakout Scanner
If you want to find stocks breaking out above resistance, use this formula:
✔️ This filters stocks trading above their 20-day high, indicating a bullish breakout.
✔️ Example 2: Intraday Stock Scanner
To find stocks moving up with high volume, use:
✔️ This selects stocks with rising prices and high volume, ideal for intraday trades.
✔️ Example 3: RSI Oversold Stocks (For Reversal Trades)
✔️ Finds stocks where RSI is below 30 (oversold) and showing early signs of reversal.
💡 Tip: Modify these formulas to suit your strategy (e.g., change “20” to “50” for a stronger trend).
📌 Step 4: How to Use Chartink for Intraday Trading?
✔️ Best Intraday Scanners in Chartink
🔹 Gap Up Stocks – Stocks opening higher than the previous close
🔹 VWAP Breakout Scanner – Finds stocks moving above VWAP for strong trends
🔹 Open = Low Stocks – Finds stocks where the opening price is the lowest of the day, indicating strong buying
💡 Tip: Combine VWAP with volume to find the most reliable intraday stocks.
📌 Step 5: How to Use Chartink for Swing Trading?
Swing trading requires stocks that are trending up/down with good volume.
✔️ Best Swing Trading Scanners
🔹 Golden Crossover (SMA 50 above SMA 200)
🔹 Stocks Breaking 52-Week High
✔️ These scanners help find strong momentum stocks for multi-day trading.
💡 Tip: Always check trend strength (ADX) and volume confirmation before entering a swing trade.
📌 Step 6: How to Use Chartink for Long-Term Investing?
Long-term investors should focus on fundamental metrics like P/E ratio, ROE, and debt levels.
✔️ Best Chartink Scanners for Investors
🔹 Low P/E, High ROE Stocks
🔹 Debt-Free Companies with Strong Growth
✔️ These scanners help find fundamentally strong stocks for long-term holding.
💡 Tip: Combine technical & fundamental filters for best results.
📌 Step 7: Backtest & Analyze Stocks Before Buying
✔️ How to Verify Scanner Results?
🔹 Use TradingView to check the stock’s chart pattern
🔹 Look for support/resistance levels
🔹 Check news & earnings reports for fundamental confirmation
💡 Tip: Never buy a stock blindly just because it appears in a scanner! Do your research.
📌 Common Mistakes to Avoid in Chartink
❌ Using too many filters – Keep it simple for better results
❌ Ignoring volume confirmation – Always check if volume supports the trend
❌ Not checking fundamentals – Even technical trades should align with strong fundamentals
💡 Tip: Test your scanner on past data before using it in live trading.
📊 Summary: How to Use Chartink to Find Winning Stocks?
Step | Action |
---|---|
Step 1 | Explore Chartink’s interface 📊 |
Step 2 | Run prebuilt scanners for quick results 📉 |
Step 3 | Create custom scanners for trading strategies ⚡ |
Step 4 | Use intraday scanners for quick trades ⏳ |
Step 5 | Use swing trading scanners for multi-day trades 📈 |
Step 6 | Use fundamental scanners for investing 💰 |
Step 7 | Backtest & analyze before investing 🧐 |
📌 Conclusion: Master Chartink & Find Winning Stocks!
✔️ Chartink is a powerful tool for filtering stocks based on technical & fundamental criteria
✔️ Use prebuilt scanners or create custom ones for intraday, swing trading & investing
✔️ Always verify results before entering trades
📌 Bonus: Want to learn Intraday Trading Strategies? Read Best Intraday Trading Scanners on Chartink (2024).
🚀 Start using Chartink today at Chartink.com and find your next winning trade!