Best companies for intraday trading in india
So this all leads us to a need to know and inquire about the best intraday tips providing company in India. There are plenty of trade consultant companies prevalent in India. The major question here is which one is the best for us for intraday trading? Additionally the tips of this expert consultants aim on maximizing the overall trade and profit to the trader.
They provide a minimum of 2 to 3 calls per day for intraday trading and have designed a specific package for those traders who are interested only in intraday and futures. These consultants are independent or connected to specialized stock market trading companies. They continuously keep you updated with all the current affairs and news of the stock market. They pass you all the calls and ties after an in-depth analysis by its core team, who are experts of their industry fields or domains.
This all features make them the pick from all such other companies working in the stock market trading with stocks in different industries. One should carefully find such companies or consultants who provide best stock market tips for intraday trading.
Just some good news came for a company on television and you bought intraday or sold intraday with bad news of the company. This may or may not work, because if the sentiment of the market is negative, the stock price may not rise even if it is good news, and sometimes even if it's bad news, the stock price may not fall because it might be that all the negative news already factored in the price, and you are unaware of that.
So this is what I mean when I said don't randomly bet on just any stock based on news because you are not aware of those stocks and don't regularly track them. First, it is important to make a list of stocks you regularly track and you have to make a strict rule that you will trade only in those stocks. This rule is important because you better know the support and resistance of a stock if you are tracking it regularly.
Just like your pet is with you for past many years and you exactly know how it behaves in different situations. Another important thing is to select only those stocks which have high trading volumes and which move fast up or down with the strong movement of Nifty and Sensex.
Like I have in my list a stock called Jain Irrigation which I am tracking for past months and it never moved below Rs. The stock price of Jain Irrigation only used to move according to where nifty and Sensex prices were moving. If Nifty will go up, Jain Irrigation will move up and vice versa. So I gave you one example of the stock selection procedure. Likewise, you need to select your stocks first even before you start trading.
You need to spend at least a week to find such stocks which are only trading in a range with high volumes and heavily affected by the movement of nifty or Sensex.
I won't tell my full list. Make a list of at least of such stocks and track them regularly. For intraday selling, best stocks are those which have high debt in their books, or the company shares are pledged, as those kinds of stocks fall most when nifty goes down. These are also called high beta stocks. I mentioned above the support and resistance of Jain Irrigation as Rs.
That is also possible if you are a swing trader keeping positions for few days is swing trading but for intraday trading this may not work. Also don't bet on the stocks you selected during times when quarterly results are going to be declared by the company, because at that time the sentiment of the stock may turn against the sentiment of nifty or Sensex.
And you can't take chances with the results as you never know if results of the company are going to be good or bad. Support and resistance may change for the stocks you selected after quarterly results are declared, so you need to adjust for that. But sometimes the fundamental of the company go so bad then such a stock only moves downward and settle at very low prices and volume also dies.
You need to remove such stocks from your list if that happens. The stocks that best work for intraday trading are those which are fundamentally strong but the prices are still not appreciating due to temporary problems in the company and so the stock price is moving in a range. Now comes the important part which is the actual trading. We trade intraday only during times when there is a sudden breakout of nifty on upside or downside.
Remember you won't buy or sell any stock in your list unless there is a sudden breakout of nifty on upside or downside. No one can sit in front of the screen for such a long time. Many times the stocks keep moving up and down just because of rumors in the market, but the Normal Stock traders would know about it after the complete movement in the stocks.
You should never trade in the same stock for a long time and that too with huge quantities, always trade in different sectors and different stocks. Even after we send the stock tips which are also the most reliable share tips , we don't let our members worry about anything. Rather, we take up all their worries. All you need to do is keep your phone on and keep reading our sms, as we will continuously keep updating you via messages.
You don't have to read any business magazines or watch any business channels. We don't hide negative results of our stock tips, we send messages to our members in case of stop loss trigger in our call. Our reliable share tips experts employ the most advanced and Latest Technical Software to keep a track of the current market trend.
Our professional and smart team of experts keeps a track of the market from 9 am in the morning till Daily Free Intraday Tips. Intraday Sure Shot Tips. Amazing success ratio in such uncertain market and paid service is very affordable. Good job done by your team