TOP 5 SUCCESSFUL STOCK

CHOOSING TECHNIQUES OF
INTRADAY

Intraday is the procedure of taking a long or short position and leaving that position before the end
of the same day. Intraday merchants exploit the development in the cost of the stock or the list amid
the exchanging session. Movement can be little or significant. Trade can be for quite a long time or
hours.

In Intraday Investors / brokers need to take a position in vast amounts of a stock so that a little
development in the stock gives enormous gains.

Points to be Noted.

Trading ought to be done just with the extra money, the cash you don’t need and can stand to lose.
Trading, although extremely profitable, is connected with considerable danger.

Before taking trade, proper examination ought to be done about the stock or the record, utilizing
diagrams based specialized analysis. It helps in deciding critical levels of the stock, strength and
pattern of the stock.

This is a vital part of any sort of trading. Most of the brokers don’t use it, knowingly or unwittingly
and wind up assuming enormous losses. Stop misfortune helps stopping the misfortunes and
keeping feelings out of exchanging consequently ensuring capital. Remember, capital insurance is
more vital than acquiring profits.

Over trading is just like suicidal. More exchanges get to be hard to manage. So exchange just that
amount you are agreeable with. Keep the number of exchanges constrained to 2-3. If one exchange
gave you adequate profit, better close the framework and do some other work or relax. Choose your
exchanges on the premise of Risk Reward Ratio.

Exit Strategy is truly important. Take your benefits and escape the business sector when your
objective is achieved. Letting the benefits run past targets prompts eagerness which is risky for
trading. You never know when the business sector will pivot and toss you in misfortunes subsequent
to eating all the benefit.

Minimizing losses are the main Day Trading Rules. Exit your position if business sector is not going
the way you anticipated. Don’t be willful and let the business sector do what it needs to do.

5 Successful Techniques for Intraday

 1) We should choose few stock today itself in the evening for Tomorrow’s Trade in order to
save the precious Time during the Trading hours.

Open 3 Months Chart with Time Frame of 1 Day and observe the Chart .

Make buy position only when the high of Previous day will be Broken today.

Eg ; 1

Eg; 2

Eg; 3
 2)Use Open High Low Strategy (OHL)

Open nseindia.com at 09.15 and find the Stock at 09.30 which has the same Open & Low , once you
have found the stock which has the same Open & Low then Make by Position .

For short selling we need to find the stock which has the same Open & High at 09.30 am.

Note : we should buy only if Nifty % if above 0.30 & sell when its below 0.30 or else we should not
trade.

To find the stock easily for OHL strategy you can use the below website.

www.pivottrading.co.in
 3 ) Top Gainer / Top Loser

Open nseindia.com and look at the Top Gainer / Top Loser & Chose the stock from top 2 at 10:00 am
 4)F & O Security
Open nseindia.com and look at the F & O Security

Choose any stock from the Top 2 in Between 9:30 to 10:00 am, but before making position
check the chart & if the Chart looks like it’s over bought than Don’t trade.
 5) Favourite Stock Trade
Choose your Favourite 2-3 Stock which have High Volume & follow the steps.

Open 1 Hour Candle stick Chart & will have to buy when the 3rd Candle Crosses the high of 2nd Candle
& if it doesn’t Cross then don’t trade in that Stock.

Eg; 1

Eg; 2
Eg ; 3

Eg ;4
If 3rd Candle crosses the low of 2nd Candle then make sort position.
Eg ; 1

Eg ; 2

Eg;3
Note: Intraday Trading Should be avoided by Newbies as its required a lot of Practice & also it’s a
Game of Emotions.
Intraday is one of the Fastest way to increase your wealth & also it could decrease your wealth in the
same speed.

So do Practice in all above given stock Choosing Techniques & find out how its working with you and
once you are sure then start Trading in Live Market.