How to select stocks

[I.am.adarsh]

which stocks to pick for intraday ?

 

[rananjay00007]

select the stocks which has trend , and daily range is high , avoid trading Non trending stocks , if you are following trend based trading systems ,
always try to go with the direction of Daily trend

 

[I.am.adarsh]

Thank you

 

[sahil kapoor]

One of the major decisions involved in day trading is what to trade? The selection of stocks, I know, is a big game changer when you day trade. Here are some tips, which I hope will prove fruitful in letting you decide what stocks to trade in:-

• Since you have to be perfect in timing and speed with intra day trading, I would suggest that go in for stocks with high liquidity. Liquid stocks have bigger volume, which ultimately makes it easier for you to get into and out of trades easily.
• Choose stocks with a range of medium to high volatility, say about a movement of 3% or more per day.
• Try to trade strong stocks during an uptrend and weak stocks during a downtrend.
• If you want to keep changing your stocks everyday, then choose the ones whose movement is in sync with the movement of the index. However, if you want to stick to one stock, then you can ignore this condition and continue with trading that stock only.

 

[malhotra527]

For me the most important criteria is liquidity. Since intraday trading involves buying and selling during the same day , liquidity becomes of great importance to ensure that stocks can be easily sold or purchased. Another good criteria is to identify strong stocks vs weak stocks. Lastly follow the trend . Pick up stocks which are moving up with trends.

 

[shashi oberoi]

For me the most important criteria is liquidity. Since intraday trading involves buying and selling during the same day , liquidity becomes of great importance to ensure that stocks can be easily sold or purchased. Another good criteria is to identify strong stocks vs weak stocks. Lastly follow the trend . Pick up stocks which are moving up with trends.

Yes liquidity is really important. Good information.

 

[dealbig]

I would say two things-
1. Pick up stocks that you understand.
2. Choose liquid stocks.

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[Maccy]

Pick some highly liquid stocks, try to understand charts pattern and don’t forget to keep watch on news.

 

[Satvik Malhotra]

I don’t think can suggest any particular stocks. Markets keep changing, so one will have to pick stocks according to that.

 

[prabh21]

Absolutely. What’s better is to pick a stock, do some fundamental analysis and If you feel the stock has a bright future, then go for it.