What is the process of identifying momentum stock in intraday?

[Ganesh]

In intraday analysis, the momentum stock can be picked by Top Down approach.

Process:

1. Check Market direction. World market, Indian market and market breadth

2. Index contribution. sector vice

3. Stock selection. price vice and turnover vice

[usha muthukumar]

Steps:

First check Market Direction

See the World Market(European market – after 1.30)

See FII(Recent Investments)

See Indian Market

Market Breadth- see price wise

Market Breadth -see Turnover

Secondly check Sector Analysis:Choose any 2 positive sectors

Third check stock selection:Choose first 4 companies price wise and turnover wise.

Lastly choose Long/Short based on the trend

[vivekanand]

Sector, Volume, turn over decide momentum.

[Yugenderan Meganathan]

1. Determine the Market direction
   1. Analyse the world market condition
   2. Findout the foreign institution investors activity
   3. Indian market condition
   4. Market breadth-Pricewise situation
   5. Market breadth- Turnover basis
2. Index contribution- Choose sector
3. Stock selection- choose which is common to Price wise and Turnover wise

[MOSHIN KHAN]

1. Determine the direction of the market :-

A. analysis the condition of the global market.

B. market breath : turnover basis and pricewise situation.

2. Index contribution – sector selection
3. Stock selection – Choose which is common to Pricewise and turnover wise

[Author]

Posts