thiru

[thiru]

Process to identifying momentum stock in intraday:

1.) Identifying Global market direction: Overnight Us market, Asian (japan & china), Europe.

2.) FII Activity: Recent activities of FII, whether it is buying or selling,

3.) Indian Market: NSE & BSE (+ve or -ve),

4.) Market Breadth: Based on price, (counter vise)

5.) Market Breadth: Based on volume, (turn over vise)

6.) Sector Contribution: If above analysis shows + ve then select top 2 Best performing sectors, If above analysis -ve then select top 2 Worst performing sectors,

7.) Stock Selection: Based on price movement,  select the 4 best/worst performing stocks, under the selected sector,

8.) Stock selection: Based on volume, select the 4 best/worst performing stocks, under the selected sector,

9.) Select the stocks, which is present on both criterion,

10.) Based on intraday day chart, go for entry, sl and exit with the selected stocks.

 

 

[thiru]

Yes, The ups and downs of the global market will give the sentimental decisions to the traders. Hence that will reflect on the intraday price movement.

[thiru]

The intraday analysis subjected to change with in short span of time, but the positional analytical methods for long term trading, hence it does not suitable for intraday analysis.

[thiru]

The Intraday positions should be close in the same day, other wise the broker’s software will close your positions automatically.

Although, we can change our position as carry-forward, by call and request with the broker, before end of closing time.

 

 

[thiru]

The intraday analysis, have to be done by based on market sentiment of the same day.

But the positional analysis would be taken place based on long term price movement.

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