stock market

What are some basic principles to pick a stock for Intraday trading? How much you have profited from this trading? Senthil Chandran , 3 years experience in stock market Answered Mar 18 I use a very simple strategy for day trading. Buy the Strength…. Sell the Weakness…. Go to NSE website before market opening. Go to Nifty 50 stocks. Look for 52 week high ( strong stocks) and 52 week low stocks ( weak stocks). Pick 2 stocks from each and keep it in your watchlist. After market opens see how Nifty is performing. If Nifty is positive then go for 52 week high stocks and if Nifty is negative then 52 week low stocks. Now come to indicators. I use PSAR, VWAP and CCI. In 5 mins candle, Buy when PSAR is below candle and and candle is above VWAP. CCI should be trending up or above 0. Stop loss will be when PSAR turns signal. Vice versa for sell. The concept here is but the strength and sell the weakness..

Picking up the right stock for intraday trading is one of the major challenges that intraday trader face every day. The key to successful intraday trading is the right selection of stocks. A lot of factors that should be taken into consideration at the time of selecting stocks intraday trading. Below are some steps which day traders are generally follow for their  Intraday trading  : · Look for the stock with high volume. · Try to analyse the sector to which moved along with nifty · Find out a stock from the sector which followed the trend of the sector. · Next day see the market trend. If it is bullish buy the strong stock and if bearish sell the weak one from that sector.

9.15 a.m.–9.25 a.m.  - Find Stocks that Have opened with a GAP up or Down of more than 2%. Out of 200 FNO stocks, you have cut down your selection criteria to 3–4 stock. There is some news in this stock, or some large investor wants to buy large quantities in this stock and hence the GAP. 9.25 a.m–9.30a.m . - There will be 3 data point available 1) Volume. 2)High 3) Low. Volume has to be higher than previous days volume in 10–15 mins.  Now keep a buying Stop Loss above the days High. Example yesterday stock A closed at 100, today it opened at 103 and in the first 10 mins made a low at 102.55 and High of 103.5. As soon as it crosses its 15 minute high of 103.5 buy it. 9.30am–3.30pm  - Once the Buy order is triggered, Keep days low, or weighted average price (available on all trading software like zerodha, Sharekhan etc for free) as your Stop Loss. Keep Riding the stock until its 3.15 or your trailing stop loss is triggered. This strategy works for 100%.

I will tell you a simple idea which one can follow consistently to fetch some good returns in stocks intraday trading. 1. The stock which has higher volatility is better to be chosen for intraday trading 2. One methodology to Identify such stocks is the Top Five Gainers and Top Five Losers of the day. 3. At 9.30am ,find the Top Five Gainers and Top Five Losers of the day 4.These stocks when blended with technical analysis factors such as risk reward ratio,trading by the trend etc can be used for intraday trading Cheers, Surya-Founder at  returnwealth.com

https://www.quora.com/How-do-I-pick-a-good-stock-for-intraday-trading-How-do-I-do-it-step-by-step Selection of stocks for Intraday trading.. There are around thousands of listed companies at NSE and at BSE. So all listed shares qualify for day trading? The answer is NO. Then ….How to find shares which are suitable for day trading? Following two important criteria has to be met by the shares to qualify for day trading. 1. High volumes 2. Large market participants Because above factors make fast entry and exit from trades. So based on above factors there are various methods for selection of shares for day trading but in fact shares selection for day trading depends on traders how they plans their strategy for day trading. High volume shares Such shares are useful for fast entry and fast exit by taking small profits. Breakout and Breakdown shares Breakout shares Shares whose price increases sharply with support of high volumes are called as breakout shares. Breakdown s...

https://www.quora.com/As-an-intraday-trader-how-do-you-determine-trend As an intraday trader, how do you determine trend? Sukhesh , Trading from the last 4 years Answered 1h ago Thanks for A2A. There is a popular saying in day trading. “  Trend   is your friend ” As an intraday trader, finding the trend is very important. Without identifying the trend, trading becomes somewhat similar to gambling which I used to do during my initial stages of trading. So coming back to the question, we are now lucky enough to have so many indicators which does half of the work for us. But nothing beats price action which you can learn only from proper training and/or more and more observations. There is a misconception that chart reading is boring. But every candle tells you a story. Once you understand it, charts are never boring. Now a days, there are advanced charting tools which makes the chart reading more interesti...