intra day list for 16/05

newbie_7

Active Member
#1
hi guys,

below is an attachment for tomorrow's intra day trades with support/ resistance levels. Its a list i prepare everyday and if anyone is interested, i can post it regularly here.

The list contains major index constituents only and most of them are highly liquid and suitable for intra day trading.

Stocks that have already made a major move in either direction are not included.

Bullish and bearish stocks that are poised for a move in their respective direction are highlighted in green or red.

Quantity is for a buy/sell of one lac for each trade. I do that for myself so i don't have to calculate during market hours. However quantity is up to you.

* use stop losses as our stupid government tends to make policy announcements during market hours and this can be lethal for your fiscal health.

** never attempt to average a trade. accept the verdict with all humility.
 

newbie_7

Active Member
#8
govt has increased prices of petrol by rs 5 from today. avoid any short trades in the O & G sector in the list. you may however use support levels to trade long.

thank u

newbie_7