What is the process of identifying momentum stock in intraday?

[Vinoth Kumar Participant Rank: Level 4]

Market Direction – Advance/ Decline

Sector Contribution – Index wise Analysis

Stock Selection – Stock out Performance

[gorantla.vinod Participant Rank: Level 4]

for market direction:

Observe the Global markets ( majorly asian markets)

FII activities

indian markets

market breadth  – price wise

market breadth – turnover wise

Index contribution:

based on the market direction, identify whether it is positive trend or negative trend or mixed. do not act if market is mixed

based on the above result, identify top  2 sectors. identify top 5 stocks price wise and 5 stocks turnover wise.

Identify the top 1 or 2 companies in above result and take position accordingly

 

[kanakaraj Participant Rank: Level 4]

Market Direction- Advance/ Decline

Sector Contribution- Index wise analysis.

Stock Selection- Stock out performance

[vetrivel Participant Rank: Level 2]

a) identify the market direction.
b)see the movement if stock trading.
c) sector contribution with prevelling the market price.
d) sector contribution that is weighted in the market prices.
e) stock selection.

[clintonfernando Participant Rank: Level 2]

process :

first step is to identify the market direction = asia market,FII,nifty

then identify the market positive and negative

sector wise contribution and choose a particular sector of the trend

according to the trend choose the stock on index wise analysis..

stock selection which has a greater volume..

now choose according to the trend and keep a target and stoploss which the stock should be clear within a day no matter what it should sell it on that day itself because it is for a intraday analysis..

 

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