Dr. Mukul Agrawal
Dr. Mukul Agrawal

@themukulagrawal

10 Tweets 12 reads Feb 25, 2023
6 Ways to Identify the 💹 Best Stocks for Intraday Trading in 2023.
A Thread 👇 ...
#trading #stocks #intraday
In Intraday Trading half of the battle you win is when you Identify the best stock.
Follow these Steps to get the best deal.
1/ Always Look for Liquid Stocks :
Because of the High demand for Liquid stocks, you have too many buyers and sellers.
For Exp: Tata Steel, GAIL, Sun Pharma.
#TATA #liquid #buy #sell
2/ Avoid Volatile Stocks. Why?
Because These types of stocks mostly have low daily trading volumes, making them illiquid.
If these stocks move in the wrong direction. You can lose a lot of money.
For Exp: Suzlon Energy, Tata Teleservices
#voaltile #trading
3/ Follow the Market trend 💹
Based on any event that happens anywhere in the world either the market moves Up or Down.
In such cases Look out for stocks that may have the potential to arise.
#market #stocktobuy
4/ Do Some Technical Analysis :
Apart from the above method, there are many methods to do a Technical Analysis to identify the best stock for trading
Want to learn how to do Technical Analysis
Check out this Playlist 👇
bit.ly
5/ Do a shortlist analysis 🔍
Before placing a Buy/Sell Order.
Check how your shortlisted stocks are performed over the last weeks,
Is the closing price (-ve) or (+ve)?
#technicalanalysis #analysis
6/ Do Some Research 🥸
It's not easy to find the best stocks & there is no better way instead to research through various methods.
⚠️ Disclaimer:
Do your own backtest before trading.
Don't rely on only trading set-ups.
That's a wrap! 👍
Tell me how you pick the stocks for day trading. COMMENT !! 💬
If you find it insightful :
1. Follow me for more threads on Finance & Stock Market
2. Retweet the 1st tweet to share this thread with your audience.
#stockmarket #intraday #trading #stocktobuy

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