Many traders prefer to trade in intraday trading. Intraday trading becomes very interesting and exciting, when you are able to make expected profit. Trading in regular stocks is not as risky as Intraday trading. Some intraday trading tips are mentioned below which would help the investors in earning: Pick two or three liquid shares: Intraday trading includes squaring open positions before the end of the trading session. Decide entry and target prices: Before placing the purchase request, you should decide your entrance level and target cost.
This is a very good information about intraday trading in short. But is technical analysis the only way to analyse the market for intraday trading ?
The tips you share is very informative and important. can you suggest some more tips for intraday trading?
You can use fundamental analysis also. For example, you see the news on Briefing, then you find out everything you need about this company (sphere, financial results). The main goal of that research is to find out whether this news are important for the Co`s business, or not. After this you need to define main support and resistance levels and wait for the entry point. The main criteria for choosing stocks for intraday trading are: - elevated RVol - Average Volume above 100K - plus or minus 5 or more per cent
