How to find good stock 4 Day trading ?

nahsuk · 1 How to find good stock 4 Day trading ? Wed Jun 15, 2011 10:53 am

nahsuk

Manager - Equity Analytics

Posts : 202
Equity Stars : 5110
Reputation : 9
Join date : 2011-06-15
Location : Smallville

Early Morning some share prices may high/low.Lot of people try 2 get maximum benefits in day Trading.How to find good stock 4 Day trading ? (not to defend on lucky days)

pls guys comment this.it's help to reduce broker chargers thx Smile

kam2011 · 2 Re: How to find good stock 4 Day trading ? Wed Jun 15, 2011 11:24 am

kam2011

Senior Manager - Equity Analytics

Posts : 554
Equity Stars : 5462
Reputation : 52
Join date : 2011-03-24

Dear nahsuk, It is not much dificult to identify some good shares for day tdading. If you closely monitor the few stocks which are fluctuating frequently you will learn the specific pattern for each share. Pl. see the behavior of the following shares.

CTBL =5.00- 5.50
SEMB N =2.10- 2.70
SEMB W15 =1.10-1.50
TESS =3.00-3.50
BLUE N =6.00-6.70
BLUE X =2.00-2.40
ATL =2.20-2.50
However You cant see fluctuation every day in the above range and also some days you cant see aduequate fluctuation to earn. Then you will have to be patient and within a day or two you would get your price.Anyway I feel that you should have little experiace to engage in day trading succesfully.
This is not a buy/sell/hold recomondation pl. You should study yourself before dealing stocks.

nahsuk · 3 Re: How to find good stock 4 Day trading ? Wed Jun 15, 2011 11:29 am

nahsuk

Manager - Equity Analytics

Posts : 202
Equity Stars : 5110
Reputation : 9
Join date : 2011-06-15
Location : Smallville

kam2011 wrote:Dear nahsuk, It is not much dificult to identify some good shares for day tdading. If you closely monitor the few stocks which are fluctuating frequently you will learn the specific pattern for each share. Pl. see the behavior of the following shares.

CTBL =5.00- 5.50
SEMB N =2.10- 2.70
SEMB W15 =1.10-1.50
TESS =3.00-3.50
BLUE N =6.00-6.70
BLUE X =2.00-2.40
ATL =2.20-2.50
However You cant see fluctuation every day in the above range and also some days you cant see aduequate fluctuation to earn. Then you will have to be patient and within a day or two you would get your price.Anyway I feel that you should have little experiace to engage in day trading succesfully.
This is not a buy/sell/hold recomondation pl. You should study yourself before dealing stocks.

Thanks kam2011.we should also Analise the market. What U think abt rally?

kam2011 · 4 Re: How to find good stock 4 Day trading ? Wed Jun 15, 2011 12:09 pm

kam2011

Senior Manager - Equity Analytics

Posts : 554
Equity Stars : 5462
Reputation : 52
Join date : 2011-03-24

To my knoeledge rally starts for particular share in such instances as folows;
-A big investor(HNWI) decides to aquire a company.(Eg: KOTHMALE)
-A big invetor decides to buy a bigger potion of the equity 0f a company with high expectation of it's future prospects.(Eg:LANKA HOSPITAL)
-When Govt declares a new investor friendly policy on particular sector, shares of the companies which has good reputation in that sector would starts a rally.This is because Investment copanies like Cey. Investment and Unit Trusts collect such shares as long term statergic investment.(Eg: Monitory policy-Banks,Construction)
-If a unprecedented growth is recorded by a sector or a company with valid reasons to sustain its growth then also a rally starts.(Eg. DIMO,COLONIAL,BAhiraha,LBFINANCE,LOLC)

-Manipulation(mostly retailers would get their fingers burned. )

This is not a buy/sell/hold recomondation pl.Dealing in stock market should be purely based on his/her own studies