You should also be well-versed with trading indicators that highlight volume, trends, and volatility in the markets. This will help you to assess if a stock is showing clear patterns. Study how the stock has moved historically to find if the same pattern has occurred earlier. With this information in hand, you can trade based on how the stock is likely to move. While some traders specialize in contrarian plays, most traders prefer and recommend trading in intraday with the trend. Meaning, an intraday trader has to identify the waves of a stock market trend and then try to ride on these waves.

What stocks are best for day trading?

Advanced Micro Devices, Inc (NASDAQ:AMD), Tesla, Inc. (NASDAQ:TSLA), and Halliburton Company (NYSE:HAL) are some of the best stocks for day traders to consider playing, as they feature high betas and daily trading volumes.

The company has a 74% stake in Jaypee Powergrid Limited and has another subsidiary called the Jaypee Arunachal Power Limited. Analysts are still optimistic about the growth of domestic flows and earnings of the Nifty-50 companies as commodity prices ease. The International Monetary Fund hailed India as the fastest-growing economy in 2023, adding to the optimism. Pay 20% upfront margin of the transaction value to trade in cash market segment.


A stronger rupee implies lower earnings for the IT companies and weakening rupee will result in higher export incomes for these companies. Answer- IIFL which is an acronym for India Infoline is widely accepted by traders as the best trading Power of legal professional platform who offers the best advisory and free tips facility. This fact is strengthened by the company’s accurate stock predictions in the past. Zerodha Kite is the flagship trading platform by Zerodha, a leading discount broker in India.

best day trading stocks 2022

One can locate the best trading platform India here and start internet exchanging calm. Contrary to other trading platforms that have been developed by corresponding stockbrokers, this trading platform – NOW has been developed by the National Stock Exchange of India . As its name indicates, this type of trading platform is one that can be accessed through smartphones. Over the years, the rapid penetration of mobile devices in India has made this trading platform the best online trading platform in India.

The intraday trading analysis involves keeping up with stocks in real-time when the market is open. Analysis can require looking for stock above 100 periods moving average, biggest movers of the day, and so on. When a trader or an investor uses a stock screener, he or she will choose a set of variables with defined values. For example, you can screen all companies and get the ones with a market capitalization above INR 1 billion.

Muhurat trading: Top stocks to buy on Diwali for Samvat 2079

The stocks are recommended from a wider list of stocks with the help of fundamental and technical analysis. We regularly update our success rate and issue special commentary during special market events. The average holding period could be between 7-10 days on average.

  • The following is a list of apps which beginners can use easily.
  • Long-term investments with favorable price-to-earnings ratios should be sought after as they might prove to be beneficial.
  • One of the basic measures of liquidity is to view daily volumes as a proportion of market capitalization.

This is an exclusive story available for selected readers only. Mr. Sachin Gupta is a Senior Research Analyst at 5paisa, based in Mumbai. He has over 10 years of experience in Equity, Commodity research and strategies. Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI. Please ensure you carefully read the risk Disclosure Document as prescribed by SEBI/FMC. Bandhan Bank has a significant presence in under-penetrated East and North East India.

Midcap stock picks

Reorganisation will help the company in achieving three mutually linked objectives of structure, succession and segregation. In our view, three independent listed entities for RIL will be in the areas of energy, retailing and telecommunications. Given the strong order book on account of successful new launches, we expect the automotive segment to deliver a strong performance in the coming quarters. The company expects to lead the EV revolution in India through the three strategic pillars of brand, design and technology.

Airtel provides GSM, 3G, 4G LTE, 4G+ mobile services, fixed-line broadband, and voice services depending upon the country of operation. Airtel had also rolled out its VoLTE technology across all Indian telecom circles. Similarly, recent losses or streak of losses can lead to taking undersized positions despite the right trading setup. Hence, it is very important to trade based on a trading plan and not trade based on emotional bias and gut feelings. Certification Courses in Stock Market gives you a certificate of acknowledgement that is recognised by either NSE or BSE which are the major Stock exchanges of India. You can also apply for jobs with Certification courses in the domain.

How to pick the best ultra-penny stocks under Rs. 10?

But it is important to identify which can work best for you. The fundamental data is gathered from FactSet financial database. It saves research time by suggesting stocks to traders and investors.

Is day trading Still Profitable?

Studies have shown that more than 97% of day traders lose money over time, and less than 1% of day traders are actually profitable.

While on the downside, they can cause a serious dent in your invested value. The S&P BSE Sensex has also lost around 1.36% during the period.Analysts are still optimistic about the growth of domestic flows and earnings of the Nifty-50 comp… A stock that is sensitive to the news can offer good day trading opportunities.

The site provides comprehensive and real time information on Indian corporates, sectors, financial markets and economy. On the site we feature industry and political leaders, entrepreneurs, and trend setters. The research, personal finance and market tutorial sections are widely followed by students, academia, corporates and investors among others.

If the stock is not traded in large volumes, squaring off the trade by market close could be tough. This issue may arise in case of small-cap and micro-cap stocks, for example. In contrast, large-caps and upper-range mid-caps tend to be sufficiently liquid for intraday trades. Such stocks generally attract enough buyers and sellers through market hours.

Traders are recommended to avoid intraday trading in such stocks. A few volatile stocks are in the mid-size segment while most stocks traded in the low-cap categories like S, T, and Z are highly chaotic. In addition to being volatile, these stocks have low daily volumes, making them illiquid. These intraday screeners are more suitable for shorter-term traders as it provides future pricing forecasts and volume trends based on latest chart patterns. While fundamental factors are suitable to select the companies, technical factors are important for day-to-day entry or exit prices. Stock screeners have the database of thousands of companies listed on the stock markets.

As investments are subject to market risks and price fluctuation risk, there is no assurance or guarantee that the investment objectives shall be achieved. NBT do not guarantee any assured returns on any investments. Past performance of securities/instruments is not indicative of their future performance. Intraday is “within the day.” Thus it refers to the trade activity that is done by an individual during the market hours in one day. Intraday trading is all about scouting for names that can either move up or move down.

best day trading stocks 2022

Based out of Gujarat, Suzlon Energy has returned 37.67% over the last 3 years and 77.88% over the last year. Downside risks such as global recession, high interest rates, flare-up in the ongoing war between Russia and Ukraine, or China-Taiwan standoff may lead to further disruption in the supply chain. Get live Share Market updates and latest India News and business news on Financial Express.

What type of day trading is most profitable?

Intraday trading: This trading type makes you buy and sell your stocks on the same day before the market closes. You need to track your market position the entire day, looking for a good opportunity to sell your stocks. Intraday trading is a great method of making fast profits provided you invest in the right stocks.

Always start with small capitals, study financial reports of the companies. After beginners level courses, Diploma in Stock Market Courses, Fundamental Analysis Courses, etc which are intermediate and advanced levels can be undertaken to hone the skills required. A column shows where the latest print stands compared to other day prints.

The stock from a technical standpoint is trading close to its 50DMA and comfortably placed above its 200DMA, around 5% above 200DMA. Avenue Supermarts has an operating revenue of Rs. 35,831.22 Cr. An annual revenue growth of 28% is outstanding, Pre-tax margin of 7% is okay, ROE of 10% is good. You can watch this insightful video on how to pick stocks for intraday trading especially in the futures and options (F&O) segment. These include filtering by industry, sectors, free cash flow growth, market price/ valuation model price, revenue yield, and much more.

However, if you want to take benefits from the stock market, you can start investing rather than trading. Stock investing involves assessing a stock based on fundamentals and then holding on to your investments for long-term wealth prospects. That way you don’t have to constantly watch and time the market and it can save you a lot of anxiety as well as a possible capital loss. In any case, whichever strategy you select, make sure you enter stock markets with thorough preparedness, know fully well about the risks, and remain calm and composed.

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