Volatile stocks with good track record

[expertspeaks]

Dear All,

Looking forward to your suggestions for volatile stocks

1. Between 100 & 200 Rupees
2. Between 200 and 300 rupees

My favourite stock to trade between 200-300 category used to be BOB. It has left that category forever.:annoyed:

Looking forward to your suggestions.

Thanks

 

[satish2k987]

On what basis did you measure volatility and pickup BoB?

is it Beta value of the scrip or the wide intraday range or volume or lessfloating stock??

 

[expertspeaks]

BOB for years traded between 175 and 300. I had traded BOB for a difference of 10 Rs. and 5Rs. Ex. Buy 200 share at each 5 Rs. difference and sold the same 5 Rs. higher. Company had good track record so chances of stock going down the drain were less. BOB had good intraday moves. Minimum 5 Rs. were guaranteed everyday and on good days it swung 20-35 rupees.

Looking for some new stocks which have good intraday moves at the same time company should have a good track record. Because this strategy involves taking deliveries and believe me it requires lot of patience. At one time I was stuck with BOB at 190, I had taken deliveries at 300+. Did not loose faith as it was earning for me on daily basis.