Can we do intraday in equity?
Remember, you cannot just trade intraday on any stock. You have to be very selective. But let us spend a moment on understanding what intraday trading is all about. It is all about initiating and closing out your trades on the same day.
How do you do intraday trading in equity?
You can select any of the liquid NSE or BSE shares for intraday trading. Intraday trading starts with placing either a buy order when you predict that the prices will rise. So that you can sell the stock later at a higher price and earn profit from the trade.
How do I get intraday stocks?
To choose the best stocks for intraday trading, most traders will find it beneficial to look at equities or ETFs that have at least a moderate to high correlation with the S&P 500 or NASDAQ indexes. Then, isolate those stocks that are relatively weak or strong compared to the index.
What is intraday trading and how does it work?
Intraday trading is a specific trading technique where investors and traders buy or sells a financial instrument multiple times in a day. The exchanging in intraday trading conveys more hazard rather than putting other resources into stocks and shares.
How to select stocks for day trading?
Its best way to how to select stocks for day trading. When you are going to put your resources in stocks, it is reasonable to enhance your portfolio. With regards of day trading exchange your scripts just two or three at once. This way of trading is a smart choice for experienced as well as new traders in day trading.
How to generate open selling opportunity in trading?
Selling opportunity is generated when stock opens by gap up of 5-10\% of the previous close and breaks below its opening price with day’s high as stop loss and target of previous day’s high and previous day’s close. There is a gap up opening at 420, giving high of 425 and now trading at 415 (below its day’s open price) for 5-10 minutes.
https://www.youtube.com/watch?v=8XfYeVBctzs