How to select stocks for intraday?.I mostly check NSE website for top 10 gainers and according to parameters buy and sell but success rate is only 30-40%.
Indicators i use
RSi-period 14 and buy only if level between 30-50
Parabolic Sar-14-3-3 and after 4-5 dots develop.
Stochastic momentum index-14-2-3-9 and type weighted.
Hello @Karthik sir,
I am also trying to shortlist stocks for intraday opening hour trading but can’t seem to find a good methodology to have that watchlist ready.
Can I go with strongest and weakest NIFTY sectors @ 9:30 AM and create a watchlist based on 5 most strong and 5 most weak stocks from them getting a total of 10 stocks??..OR is there a better way to preparing this watchlist?