BriskTrade

WILLIAMS%R: It is a technical oscillator showing the current closing price in relation to the high and low of the look back period that moves between 0 and -100 and highlights the overbought and oversold levels for entry and exit levels for a stock. This video explains step-by-step preparation of Williams%R Overbought / Oversold Screener along with formulas. With one time effort, Traders and Investors can prepare their own Screener to check the status of various stocks which are Overbought / Oversold to take informed decisions. This will help Traders and Investors who do not wish to download screening apps which contain a lot of ads unless subscribed to paid plans. #Nifty, #CapitalMarkets, #Forex, #Intraday, #Trading, #stockmarket #Investing, #Wealth, #Business, #Sensex, #Finance, #Financialfreedom, #Sharemarket, #Daytrading, #Daytrader, #Fintech, #Money, #StocksToWatch, #BREAKOUTSTOCKS. #finance #googlesheets #Intradayscreener #Sensex #banknifty #niftybank #Williams%R #India #Bha...

Williams %R is one of the momentum indicator which measures overbought and oversold stocks between 0 and -100 over a 14 day period. Stocks between -20 and 0 are considered overbought on 14 day timeframe and a possible price/trend reversals is expected, i.e., stock price may start gradually moving down in the next trading sessions.  Similarly, Stocks between -80 and -100 on a 14 day timeframe are considered oversold and a possible price/trend reversals is expected, i.e., stock price may start gradually moving up in the next trading sessions.  Traders can initiate short positions on overbought stocks if the price/trend start reversing in the next trading sessions. Similarly, Traders can initiate long (buy) positions on oversold stocks if the price/trend starts reversing in the next trading sessions. Target and Stop Loss is as per individual Traders risk appetite, but usually, Traders keep 2% Target and 1% as Stop Loss.  DISCLAIMER- THE ABOVE CONTENT IS ONLY FOR THE PURPOSE ...