Suggest Best Intraday Trading Stocks in NIFTY for Scalping

General
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Suggest Best Intraday Trading Stocks in NIFTY for Scalping , only for intraday trading,

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Hello Trader,

The best NIFTY stocks for scalping are the ones with high relative volume for the day compared to 3, 20, 50 day averages.

Ideal Stock Price range 100 - 500

Check this link for some filters you would find useful.

2 Likes
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Give a though for Currency Futures especially GBPINR. you need less margin compare to Index & Stock fno. I use it for scalping.

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For intraday tata steel, lupin and BOB would be good

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The stocks with high beta,i preferably trade with the below stocks which are relatively volatile with high volume.

vedanta

dlf

hdil

deltacorp

ibreality

hindalco

adanient

dishtv

pnb

aban

havells

bhartiairtel

icicibank

tatamotors

jswenergy

idea

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Please describe details and lots you trade, and how much capital you invest

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As per Today’s Value if you have Rs.10000/- to invest and are trading with Zerodha; you can buy/sell GBPINR 1 lot if placed normal order, 3 lots if placed MIS order and 9 lots if placed BO order.

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To keep 1 lot of GBPINR future position (buy/sell) overnight you just require 6490/- (as per today’s price)

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it would be very nice if you share GBPINR buy sell strategy with price, please provide with example, and minimum movement i a day

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what strategy you follow for scalping?

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i follow only breakout setup…
which in turn depends on tick size,volume,volatility,and basic chart pattern for breakout such as
1.bull flag
2.triangle breakout
3.rectangle fade breakout

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Thanks…
But breakout patterns like traingle, IH&S etc are generally seen on daily and weekly charts. But for scalping I suppose shorter frame charts will be required, if i am not wrong.

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ur rite but this pattern are also very useful in 5 mins time frame.
I use a level II data as base for its breakout.A close look on buyers and sellers at that point fluctuation is a key to enter nd exit,

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Hi Rahul, thanks for sharing, what indicators you use for scalping, and what is your strategy for scalping?

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fankly to says if you have enough fund ie 2lac then you can earn average good on banknifty.due its volatility .scaling is good in m15 the reliablle indicator 1 , aroon oscillator put onlly 2period.2 …adx put only 2period.and in main chart kelner chanel 10 period and 1 displacement. to remoove false signals put supertrend 50 with 0.3 strictly. talke position when aroon, adx , and supertrend givs signals.supertrend will notify you fals signals more often.let continue trade when aroon, and adx give signals but not supertrend.dont take position on supertrend signals because it repaints.super trend is only for false signals of aroon and adx.keltner shows over bout and oversold .

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Seems good bro but can you explain the logic behind strategy or help with some more strategies …

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ICICI and Tata Steel can be a good choice. You can think of investing in them. If you want to go with any other, look for high volume stocks.