Learn how to pick stocks for intraday trading using volume, volatility, and proven strategies. Best tips for beginners to trade smartly and reduce risk.
How to Pick Stocks for Intraday Trading – Step-by-Step Guide
🟠: What is Intraday Trading?
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Simple explanation of intraday
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Why stock selection matters for intraday
🟠: Why Choosing the Right Stocks is Critical
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Volatility and volume
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Intraday vs long-term stock selection
🟠: How to Pick Stocks for Intraday Trading
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Step 1: Look for high volume stocks
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Step 2: Choose volatile stocks with 2–5% daily movement
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Step 3: Check news and earnings releases
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Step 4: Use technical indicators (RSI, VWAP, Moving Averages)
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Step 5: Avoid low liquidity or penny stocks
🟠: Best Types of Stocks for Intraday in India
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Nifty 50 stocks
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Bank Nifty components
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Trending sectors (IT, pharma, energy)
🟠: Tools to Help You Pick Intraday Stocks
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TradingView
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Moneycontrol
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NSE Top Gainers/Losers
🟠: Common Mistakes to Avoid When Picking Stocks
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Chasing news without a plan
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Trading illiquid stocks
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Ignoring market sentiment
🟠: Final Thoughts – Picking the Right Stock is Half the Battle
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Stick to 1–2 stocks per day
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Backtest your strategy
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Track your performance
FAQ (for rich snippets and extra ranking chances)
❓What is the best time to pick intraday stocks?
Answer: The best time is before the market opens using pre-market movers and economic news. Avoid entering trades after 2:30 PM unless you have a clear setup.
❓Can I do intraday trading with ₹5,000?
Answer: Yes, but it's better to start with at least ₹10,000–₹15,000. Focus on low-risk trades and use strict stop-loss.
❓How many stocks should I trade in a day?
Answer: For beginners, 1–2 good quality stocks are enough. Overtrading can lead to losses.
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