which stock to buy or sell in intraday trading today.
which stock to buy or sell in intraday trading today.intraday tradingIf you want to trade intraday then you will have to select stocks very carefully.
there are so many intraday tips provider in stock market but they all are useless without deep understanding.Otherwise traders enter into any trade, but unable to exip with profit.
All of them are going to exit with losses most of the time because they don’t know the reason to enter.If market condition changes suddenly then they are unable to see those changes.
You can use PAIR startegy simply-
go to nseindia.com.
sell index watch & sectoral indices.
top 2 sectors with max positive % & weakest 2 sectors with max negative sectors.
suppose METAL secter is strongest,
top gainer is hindalco cmp 258.5 & high is 260.
then put stoploss buy @260.
top loser in same metal sector is coal india cmp 285. low is 283.5.
CMP is very near to low, so it shows weakness of stock,we can put stoploss SELL order@low 283.5.
So we are prepared for both upside & downside move of nifty or sensex.
In the same way,
suppose private bank sector is weakest.
top loser is federal cmp 98.3 low 97.8.
so one can put stoploss sell firstname.lastname@example.org(low.
top gainer is yesbank cmp 318.5 high 319.5.
trader can place stoploss buy order @319.5(high till that moment.
this strategy is called pair strategy and can be used for future & option (derivative trading) as well.
we shall discuss future trades & option trades in different articles however.
Such strategy gives an answer for sudden sector reversal, sensex/nifty reversal or stock specific weakness or strength.
It will be more useful when largecap stocks are showing weakness & midcap or smallcap stock showing good buying interest.
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