Intraday trading is different from positional trading and it is done by doing top down approach in few minutes. Intrady trading should be done between 10 to 11 and 2 to 2.45, as international traders prefer this time.
Firstly you have to decide overall international and local market trend. Find out what FII have done in last few days. Whether this supports your analysis. Find out the advance decline ratio of the market.
Secondly choose the sectors which has the maximum co relation with the market trend. Find out the advance decline ratio of the sector to confirm the trend of the sector today.
Thirdly find out two to three stocks in the sectors which are having maximum co relation with the sector and market. Find out the volume rise also in these stocks. Confirm, whether the circuit limit is away from your target level.Entry only after stock breaks the high, for long positions and break of the low in short position.. Recent swing as the stop and the profit is minimum equivalent to risk taken. Follow strict money management rule.. Do not over trade and trade only with knowledge and discipline.

0 Comments

Leave a reply

©2024 | Rights Reserved | EQSIS | Terms and ConditionsPrivacy Policy

CONTACT US

We're not around right now. But you can send us an email and we'll get back to you, asap.

Sending

Log in with your credentials

Forgot your details?