Factors Needed For Choosing Swing Trading Stocks??

HI FRINEDS,
CAN ANY BODY SUGGEST WHAT ARE THE FACTORS, PATTERNS, TO BE SEEN WHILE SELECTING A SWING TRADING STOCK??
WHAT I KNOW IS WE HAVE TO SEE THE ADX WHICH SHOULD BE ABOVE 25, THE STRENGTH OF STOCK SHOULD BE ABOVE 70, AND THE RUN SHOULD BE +1??


WHAT ARE THE OTHER FACTORS TO SEE WHILE CHOOSING A SWING TRADING STOCK, PLS SHARE YOUR COMMENTS TO HELP ALL IN THE COMMUNITY TO SELECT SWING TRADING STOCK
THANKS

what happen , no bodys replying??
no body dont know this or i have asked something foolish thing

swing traders take overnight position lasting for a week or a couple of weeks.
According to some experts duration is 1 to 5 days.
this is done best when thre is no probability of news driven activities like result announcement,AGM etc.
This can be best done with momentum stocks(swing trading is prefered when there is side way trend as it reduces risk over a larger span of time.)
High beta stocks should be chosen for the same.
presently IFCI, RPL are suitable.

I would prefer following approach in picking up stocks
1) Price * Volume > 5000*(my position size)
eg. if I am going to enter with 10k then I would look for daily trading VALUE of 5000*10k = 50 Lacs atleast. This is to ensure that there is enough liquidity in the counter.
2) Stock has made swing low.. That means, Low of yesterdays is lower then Low of day before yesterday AND Low of today is higher then Low of yesterday.
To be more conservative, I will look for 5 days pattern where first 3 days were making lower lows and last 2 days have made higher highs.

This will give me shortlist of stocks that are good swing buy candidates. I will open the chart and look at the possible target (= Reward). My stoploss (=Risk) will be at Swing low i.e. lowest low made by 3 or 5 candles.
I will enter into the trade only when Reward /Risk ratio is resonable (atleast > 2 for me).

Hope this helps.

Happy Swinging...

Every loss once was a small loss.