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#1
4th August 2007, 11:06 PM
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Trending Stocks for Day Trading
Hi
I am a day trader and would love to trade in trending stocks (both ways). I would like to know what are the parameters to find the most trending stocks in the market. Just with huge volume we cannot say that the stock is a trending stock. And everyday the same stocks cannot be trending the most. Is there a method or any parameters to find by 11.30 am every trading day that these are the best 5 trending stocks I can concentrate upon. Seniors, can you please throw some light on this. Regards Parv 
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#2
5th August 2007, 09:19 PM
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Re: Trending Stocks for Day Trading
Quote:
I dont think anyone or any parameter can give you 5 best trending stocks by 11.30 am. Volume is an important factor for trending stocks. I feel the the 10 best trending stocks in cash & F&O are 1. Reliance Communication 2. ICICI Bank 3. DLF 4. Tisco 5. IDBI 6. Reliance Industries 7. Reliance Capital 8. HDIL 9. RPL 10. IFCI All the best Sankalp
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#3
5th August 2007, 10:40 PM
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Re: Trending Stocks for Day Trading
Sankalp,
Why cant we get the 5 best trending stocks bt 11.30 am.,at least i cant ,but then why others can not find,any specific reason. Asish
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#4
6th August 2007, 06:20 AM
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Re: Trending Stocks for Day Trading
I don't know about 11.30
 but if you are a daytrader you know your setup/s which you should , you should be ready with tomorrows watch list after you've got your closing rates.
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#5
6th August 2007, 09:08 AM
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Re: Trending Stocks for Day Trading
Hi
Its true their is no "formula" to find the best stock, but as u r a daytrader try to find the stocks that have good run up/dn (2-3%) for last 1-2 days and take a position accordingly,,,,,,make money and enjoy! Rajiv
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#6
7th August 2007, 06:50 AM
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Re: Trending Stocks for Day Trading
Hi
yes exactly, if we know the best 5 trending stocks for the day, we can definitely get atleast 2 homeruns, if not more. Like yesterday Indiacements was one of the example for a homerun. Rgds Sankalp
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