Aman did a splendid work here by generating 50% returns in just 2 months.
Let me share the whole process for free which can help you do the same.
Ready?🧵

Part 1: Situational Awareness
We need to know where we stand from overall market perspective. Like now if we want to decide for tomorrow , we know that the market is in uptrend since April 2023. So its been around 1 year 2 months.
And right now market is sort of in basing form and at a point where we need some form of confirmation before making bullish or bearish bias. But yes as its an overall uptrend we are waiting with a bit bullish bias.
Along with that Exit polls came and on Tuesday major event will be unfolding which may keep the volatility high.
So, in this way we may come to conclusion that depending on Monday reaction if on bullish side may create positions to slowly follow progressive exposure as the volatility decrease.

Part 2: Sector Identification or Sector Heat map
Now we know that we have to stay ready with our watchlists from strong sectors in case the bullish scenario unfolds.
So, We have to scan either from universe list or from 52 w high list and then based on the technical price volume action , sectors where more no. of stocks will be showing strength by breaking out , forming flags or staying near base Breakouts will be shortlisted.
Then this may give you a list of 6-7 sectors lets say
Example purpose : Realty/Infra, Energy , Broking , Metals , Oils, Defense , railways, Pharma.
Now like that after this our work is to narrow down further using catalyst/Trigger/potential of the sectors.
How we do that ?
1. X - Many good handles share good research on sectors with what is going on in them So, that regular reading may help.
2. Reading Leaders Con call transcript - Like for example if you Transformers group, then go through the concall of the leader like ABB india etc to know what they are saying on the sector and tailwinds.
If you were going from Chemicals concall , everyone of them in recent quarters mentioned "Headwinds" so easy to avoid or pick sectors like that.
So like that you will narrow down on sectors like this.

Part 3. Making watchlist from the sectors:
Now we will then create watchlist of all the stocks in that sector to further narrow down to names we wanna track.
⭐️ Technically - First we will try to understand this using price volume action.
Here we need to understand whether the stock is at base Breakout point or Flag or where it stands in the Price structure.
Based on the structure plus quality of price & Volume we will narrow down.
⭐️ Fundamentally - If one want to add this element also to increase edge then those further shortlisted names to be studied to understand current valuations and future growth prospect.

Part 4: Deciding your style and position size
One can decide to utilize the opportunity to diversify among those 3-4 final shortlisted sectors using 6-8 names depending on ones own style here using proper stoploss.
Here Price structure knowledge helps in deciding what to expect along with market awareness.
For example: In a new trend, positions bought from bases may be trailed whereas in later stages flags may be preferred to book quickly.

Part 5: Trading Psychology
This is one of the most underrated part, as once we have taken the decisions then we have to control emotions like FOMO , Greed and all.
Mostly we suck up in such areas by shuffling unnecessary or mis managing trades.

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Disclaimer: Everything shared above is for learning purpose only to explain the market approach.