Please suggest one way movement stock

#1
Can anyone suggest some stocks in the range of Rs.300-Rs. 600 which gives maximum probability of one way movement of at least Rs.12 to Rs 15/-(more than Rs.15 is ok)in a day either side from its opening price without moving within the range. then i can make a good intra-day trading strategy? After crossing range of Rs.15 whether it moves reverse order or in the same direction that is not important? what i mean to say that I want more steady movement stocks rather than volatile stocks? please suggest!
 

rajeshn2007

Well-Known Member
#2
Hi,
you are asking a million dollar question. stocks would be volatile, they may/may not trend in a single direction.
you may choose stocks like rcom/bank of india.
 
#3
you are right, stocks are volatile, But I am asking about stocks with maximum probability of this type of movement, like for last 15 days I have found DLF and Tatasteel of this type of probability. I want to know some more stocks of this type which moves from its opening price to one direction for More than Rs.12 (volatility of 2-3 rs. within this range does not matter but it should not change the direction of rs. 5 upto Rs. 12-13,after that whatever volatitlity it shows doesnot matter till then I will be out of that script) I follow simple theory when it crosses rs.5 in one direction I enter like if it goes downward I sell and put buy order for a profit of rs. 5 also simultaneously give stoploss of rs. 5 in reverse direction. so profit is fixed for rs. 5 loss will be for rs 5 or less because as it moves rs.1 forward in same direction i change the stoploss price so if it goes till rs. 7 and moves in reverse order loss will be rs. 3, likewise till it reaches rs.10 probability of loss decreases but probability of profit remains same. Same thing I follow if it moves upward and as it crosses level of rs. 5 I put one buy order and simultaneously place sell order and stoploss in both side for same quantity where sell price is fixed but stoploss will be changed upward as it moves upward. I feel its important to know how to come out of the market when its not moving as per your direction and do not enter for second transaction in the same day ones we book profit or loss for that day, becoz its impossible to predict the market whatever chart you follow, it just makes the trading complex last mei wohi khaya piya kuchh nahi glass foda barah aana ,i just use simple probability. At least there will be less tension in our mind
 
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Ganesh543

Active Member
#4
you are right, stocks are volatile, But I am asking about stocks with maximum probability of this type of movement, like for last 15 days I have found DLF and Tatasteel of this type of probability. I want to know some more stocks of this type which moves from its opening price to one direction for More than Rs.12 (volatility of 2-3 rs. within this range does not matter but it should not change the direction of rs. 5 upto Rs. 12-13,after that whatever volatitlity it shows doesnot matter till then I will be out of that script) I follow simple theory when it crosses rs.5 in one direction I enter like if it goes downward I sell and put buy order for a profit of rs. 5 also simultaneously give stoploss of rs. 5 in reverse direction. so profit is fixed for rs. 5 loss will be for rs 5 or less because as it moves rs.1 forward in same direction i change the stoploss price so if it goes till rs. 7 and moves in reverse order loss will be rs. 3, likewise till it reaches rs.10 probability of loss decreases but probability of profit remains same. Same thing I follow if it moves upward and as it crosses level of rs. 5 I put one buy order and simultaneously place sell order and stoploss in both side for same quantity where sell price is fixed but stoploss will be changed upward as it moves upward. I feel its important to know how to come out of the market when its not moving as per your direction and do not enter for second transaction in the same day ones we book profit or loss for that day, becoz its impossible to predict the market whatever chart you follow, it just makes the trading complex last mei wohi khaya piya kuchh nahi glass foda barah aana ,i just use simple probability. At least there will be less tension in our mind
Wow nice idea one direction moving stock I think most move in both direction in sine wave I will see dlf and tata steel
 
#5
There is one stock which is moving in one direction.... i.e. AUSTRAL COKE. And it seems it is going to lose another 10-12 rupees further. Interested ones may look into.

CMAK
 

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