There are few things to be considered before selecting a stock for intraday such as,
1)Volume
2)Price
3)Mimicking Stocks
VOLUME:
Always Select a stock which has a high liquidity, which means the stock should have at least average daily volume of above 1 million (10 lakhs).
PRICE:
Many would not consider this as a important parameter. but it must be...
These are the factors that I personally take into consideration before placing a trade. These are personal views and every trader trades differently and considers different factors while planning their trades.
Always follow proper money management and trade with discipline. It is important to have a clear head while trading to avoid making mistakes that you will...
