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Scan Description: Market goes thru regular contraction (i.e. daily trading range getting shorter and shorter) and expansion (i.e. daily trading range getting bigger) cycle. Expanding range is followed by Contraction and vice-versa. So if we can identify the narrow range days, then it give us a step ahead of everybody to benefit from coming expansion.

Related Screeners

Nr4-
Consolidation and squeezing plus 15min breakout dummy mix-
Bollinger band squeeze-rsi crossover- daily chart- Check daily candle chart for alerts after or before market hours. buy above previous day's high. follow daily candle chart. rsi(14) indicator marking limits 60/40. long when rsi(14) crossover 60. short when rsi(14) cross below 40. confirm with price action- support, resistance, trend line and candle pattern. entry long: above high of previous day. stop loss: below low of present swing low. exit when price close below supertrend(4,1). entry short: below low of previous day. stop loss: above high of present swing high. exit when price close above supertrend(4,1). for intraday follow same rsi 60/40 strategy, but using 15 minute candle chart. even for nifty/bank nifty derivatives. note: may use rsi(8) for early alerts
The opportunity universe -buy- To avoid low quality stocks, avoid limited liquidity,