What is the process of identifying momentum stock in intraday?

[Srinivas]

Identify the trend in global market

Identify the trend in domestic market

FII activity

identify the turnover

select 2 top sectors

select the stocks from 4 or 5 companies and analyse

[nadarajah]

world market   European market

fii foreign institutional investers activity

indian market nifty 50

understand market breaths

derive the centiments  and select the scripts

identify the scripts trade for short or long position

 

 

[Balasubramnaniam Gopal]

<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>Top down approach is used for intraday analysis.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>1. Identify market index based on global indices</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>2. Find the sector with the most % changes in its sector index.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>3. Identify the stocks of that sector which has the most % changes.</p>
<p style=”box-sizing: border-box; margin: 0.85em 0px; direction: ltr; color: #777777; font-family: ‘Open Sans’; font-size: 13px; line-height: 20px;”>4.From the above identified stock find the stock which has high volume.</p>

[sumithjain]

BY HAVING  A LOOK AT THE PERCENTAGE OF THE DAY +/- FROM THE PREVIOUS DAY.

AND THEN SELECT ONE FROM THE BRANCH OF THE STOCKS.

[Tr]

1. Market index on the basis of global cues
2. Hot sector
3. Hot 2-3 stocks
4. Hot stock with high volume
5. Create position

[Author]

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