What is the process of identifying momentum stock in intraday?

[Rajkumar]

Check World market position – Japan, Singapore, China and then European for 2nd half trading session

Check FIIs Activities to understand recent sentiments

Then Nifty 50 – Adv/Decline – Price wise and turnover basis

Based on above analysis figure out the overall sentiment Bullish/Bearish and top two sectors to be targeted

Then narrow down to top 4 companies again on price and turnover in sequential order then pick the stock to be traded

 

[vinitha]

Process of identifying momentum stock in intraday is

• watch world market performance-(positive/negative)
• FII recent perfomance
• Indian market NIFTY 50 (positive)
• market breathe
• advance and decline ratio by turn over price is positive

[swaroopa]

1. Watch the world market (European Markets) — in afternoon session (after 2.00 pm)
2. FIA Activity – Recent performance on equity markets
3. Indian Market – Nifty 50
4. Market Breath – Advanced declaration ratio – Price wise
5. Market Breath – Turn Over basis

[vinod divakaran]

Identying a momentum stock is intraday can be based on following steps

1)Mood of global market : positive or negative.

2)Foreign institutional investr activity : positive or negative.

3)Indian market price trend : Bullish or berish.

4)Indian market breadth turnover ratio : positive or negative.

5)indian market breadth advance declartion ratio : positive or negative.

6) Finding best sector of the day based on intex contribution.

7) Finding leading 2 stock whichis making major condribution to the index  based on precentage.

8) Finding best stock based on turnover wise to the market out of two.

[SUNIL]

Market Direction – Global market direction . Indian market trends (Bullish / bearish) , FII activity (Inflow/Outflow)

Advance Decline- Of the total number of stocks what % is bullish / bearish .

Sector contribution- best sector selection based on sector contribution index.

Index wise analysis-  best index of the day -sector index

Stock selection –  from the sector and index select best 2/3 stocks performing in % terms .

stock outperformance – select one of the outperforming stock from

 

[Author]

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