All language subtitles for 1. How to Select Stock For Intraday & Swing Trading

Hello, traders, hope you're doing well today.

We will be discussing about how to select stock for intraday trading.

Traders, have you been in a trading situation where the stock is making a good uptrend like this and

you decide to enter the trade thinking that the market will still go up, but as soon as you enter the

market goes against you and hits your stop loss or starts moving sideways like this, have you felt

like the entire market is against you all the time?

Or you start doubting your broker thinking that he might be responsible for this?

In my initial days of trading, I had been in that situation.

I can completely understand how frustrating that can be in this video.

Let us understand why this happens.

And also I will be showing you three methods to find stocks for trading.

You can implement your own strategy or use price action strategy, which we have discussed.

Once you start selecting stocks according to the method I'm going to teach you, you will be able to

find your trending stocks every time you trade.

Also, you can avoid falling into the trap set by operators or high volume traders.

Traders, please remember this method is for searching for stocks, for short term trading, not for

long term investment.

So let us start without further delay traders.

I'll be taking in the stock exchange as an example to show you how to select stock for interesting.

If your geography geographies different from India, you can use the same method to find stocks from

your respective stock exchange.

OK, the first method, how to select stock from Nifty 50.

Traders in the first matter, there are six important rules you need to follow.

Let us discuss it one by one.

Rule number one.

You need to watch Nifty from nine 15 a.m. to 10 a.m..

During this time, you have to just watch the market, you should not enter any trade.

The time frame in which you will watch Nifty will be same as the time frame in which you will be trading.

So what do I mean by this?

Let me show an example to you.

Let's say I decided to trade in Tata Motors today and the time frame in which I will be trading Tata

Motors today is in three minutes time frame.

So what we have to do is we have to check nifty also in three minutes time frame.

So Tata Motors in three minutes time frame and Nifty also in three minutes time frame.

And you should trade only after 10 a.m..

Why?

We should trade only after 10:00 a.m..

Let me explain.

Let's say you have 1000 shares of Relenting Dashti on Friday.

On Saturday.

There is a very bad news about Relenza and what will be your emotion for sure.

I can tell you 90 to 95 percent of them will click the exit button and close the trade first thing when

the market opens on Monday, because there is a lot of emotion.

Remember, we are talking about 1000 shares and Relenza and actually is a big stock whose value is currently

more than two thousand rupees.

A lot of traders panic, especially during opening hours of the market, only after the panic and the

market will access.

Technical traders enter the market only after the panic.

And so it is better for us to wait until the market settles, give it until at least 10:00 a.m. and

then we look into trading.

I followed this rule.

It has helped me a lot to control my emotions.

I suggest you also to practice this so that you enjoy the benefits of this, OK?

This was the first rule.

Now let's discuss about the second rule.

The second rule is.

You need to check if the Nifty is making uptrend or downtrend.

If Nifty is making uptrend, then you have to search for buying opportunities.

And if Nifty is going down.

And we have to search for selling opportunities.

Simple and clear.

Total.

You need to select stock from top gainer or top loser's list, where will you find this list?

I will show that to you.

Just go to Google and search for Inessive Market and click on the first link, which you find.

Once you are on the NASA website, click on Market.

And then click on top 10 Gayner Loser.

So we have got the result, they have got 10 analyst.

And if you click on losers, you've got 10 losers list.

If Nifty is going up, go for Gainer's, if Nifty is going down.

Go for losers, plain and simple.

If you want, I will give you a list of 23 to 25 stocks from 50, which are very good for intraday and

swing trading.

Most of the time, these stocks moment will be same as nifty.

Add them to your watch list and follow the rules and try finding, buying and selling opportunities

only with the stocks.

You can get very good results from these stocks.

OK, so I will share the list in the comments section below these 25 stocks and more than enough for

finding good trades.

Point number four.

Stock has to make similar trend like Nifty.

What do I mean by that, let's say an example, traders, this is a nifty 50 chart.

OK, the data's 14th of August, twenty twenty, if I check on five minutes time frame, Nifty 50 has

made a pattern like this.

This is on a five minute time frame.

Let us compare Nifty 50 movement with ICICI Bank, five minutes time frame for 14th of August, 20 20

ICICI Bank has made a pattern.

Let us.

Can you see the similarity between Nifty 50 movement and Azazeal bank movement, ICICI Bank has made

almost a similar pattern like Nifty 50 that that's how well Nifty 50 stocks respect Nifty 50.

So if a stock make similar movements like Nifty 50, you can consider that stock for trade or else you

should not consider.

The 25 stocks which shall be sharing with you, most of them make a similar pattern like Nifty 50,

ICICI Bank is one among them.

So let's see, point number five.

Point number five is daily range, what is daily range, how to calculate daily range?

Let us see that I take Bharti Airtel as an example to show you what is a daily range.

After 10am, when you check the market, let us see.

The price of Batiatus stock is somewhere around five 31 rupees.

To enter this trade, you have to know the daily range of the stock daily range.

Actually Minter's if the stock goes up today, approximately up to what amount it can go up to the.

And if it goes down today, approximately up to what amount it can go to the.

To identify this, we use an indicator that indicator is called 80 are average to change.

So we have clicked on the indicator.

The indicator is available here, traders, please remember this indicator has to be used on a daily

timeframe.

So 15 rupees is the approximate year as of 14th August 20, 20.

Most of the time, the FBI will chase him on different days as well.

So if I check one day before or two days before, that difference will be somewhere, just one or two

rupees difference.

So we will consider 15 rupees as average through range for Batiatus stock, because that is the most

recent average full range of about.

So if the market goes up, but the actual price might increase by 15 rupees, and if the market goes

down but the retail price might decrease by 15 rupees.

Once you find out that they are off stock on daily timeframe, you have to choose the longer time frame

which you use for intraday, for intraday.

I personally use three minutes time frame, so I will select that.

So it is three minutes time frame, 14th of August.

And the stock is Bartletti effect, opening price of the stock at somewhere around 542 rupees, so opening

price plus 80 odd gives you daily range.

So 542 plus 15 is 557.

The maximum price of the stock for the day can be five fifty seven.

And if the market goes down.

So 552.

Minus 15 is five twenty seven.

That is the lowest the stock can go to the market at year, so this is the lowest point, which is by

twenty seven and this is my highest point.

Which is 557, I've drawn these lines just to show you that if the market goes up, the maximum price

of the stock can go up to five fifty seven.

And if the market goes down the maximum, it can lose by twenty seven.

The main reason for a lot of traders, the market goes against them because they do not trade within

the 88 level.

They see a buying opportunity and they enter the trade with excitement without knowing what is the average

true range of that stock for that particular day.

They enter after the stock has made the moment already.

And when the stock goes down, they lose their money.

So if you use it here and you see a breakout like this, you should not enter the trade because the

stock has already reached its 811 before it reaches its eight year level.

It gave a breakout year.

It gave a breakout year, and it gave a breakout year.

So you could have kept a stop loss here or here.

This would have been a very good trade for you because it is within eight.

So what happens if you trade after that year level?

The market isn't confused at this time.

It can hit Stop-Loss easily.

We already know we have to give a buffer if we are trading on intraday.

Right.

So if a buffer is more than that level, obviously you can be hit easily.

So we have to calculate this was that point number five.

Rule number six, we need to check Daily Zone.

What is Daily Zone?

Let's understand.

Let's say a stock got listed in the stock market and the opening price of that stock was here.

And then the stock rallied up to this level and this level.

The stock will rest for some time.

That is consolidation phase.

After consolidation, the stock price might go a bit lower and again, it goes to consolidation and

then again it goes up and then it can go to consolidation again, it can go down and take risk for some

time.

Again, it can go up and take rest, traders let me know the market works like this on the right or

at work some other way, pick up any check and see the market always moves in a zigzag.

You can only make money when the market is trending.

So you have to pick stocks, which are really not stocks which are in consolidation.

You see a stock rallying then by.

You see the stock in consolidation, then don't buy the stock is rallying down then such for selling

opportunity.

The stock is in consolidation.

Don't trade.

The stock is going up, then trade, the stock is in consolidation, not trade.

Relling, don't sell consolidation, not trade.

Stock is rallying, then buy stock is in consolidation, then don't use the stock to as a different

stock.

Traitors.

It doesn't matter how much of a good a person is in trading stocks, reading charts, anything, they

cannot make money if they don't follow rule number five and six.

These two rules are very much important.

Please watch the video again if you are not understood.

Point number five and six traders.

Let us go to the actual market and see how Daily Zone look like.

Let's take it as an example.

See, this was consolidation after consolidation.

The market made a very good rally.

In this situation.

We should search for buying opportunity from last week.

It is in consolidation.

So when it breaks, it will give you a good rally.

Let's go a little backdated and check stock in consolidation here.

Then it made a good rally.

Consolidation and smaller consolidation and one morally.

A small consolidation and a big rally, again, one more small rally against more consolidation and

a big rally in just two minutes.

We found so many rallies.

If one stock is not rallying, then choose another stock from the list I give to simple traders.

Just follow the six simple rules and trade on 50 50 stocks and see what difference it makes.

All the students who follow this method has seen very good results.

I hope even you will find this useful.

If you have enjoyed the video so far, please like and subscribe to our channel so that it motivates

us traders.

Let's see the second method where we will be showing you how to find stocks which are not part of nifty

fifty, which are good to be considered for trading.

A lot of people generally trade only on 50 50 or 100 stocks, but what about so many stocks which are

listed in the stock market where to find these stocks and which companies, stocks, people bought or

sold, which are not dead in 50 50?

How do you find all this valuable stocks, which has given very good record for trading so that you

can use your strategy and trade?

That is what we will be learning in the second matter.

Some people might know this already or don't know this.

Still, I would like to cover this as I know a lot of beginners who are still figuring out what trading

for the second method we will be using chuckling dot com, which is a chatting tool which helps us to

find out breakout stocks.

A lot of people applaud the researchers and their strategies in this tool to help others.

But we will be creating our own scanner for today, which will help us to find record stocks.

So click on Create Can.

And select volume.

It's his latest volume.

Select greater than.

And again, select volume and change letters to one day ago.

Now, read the letter.

It's his latest volume, greater than one day ago volume.

So this is our first filter, right?

We use volume as a filter is because volume represents that the stock is trading during the time frame,

especially when you apply this volume filter and compare it with the previous day.

It helps us to identify highly trending stocks.

Once you apply this filter, click on RANZCP.

The tool has applied my frita, and it's given me results of the stock which has given breakout.

Now we will apply one more to this filter, will give us all the stocks whose value is more than hundred

rupees.

I use this filter because I don't want to trade in any stocks whose value is less than a hundred rupees.

So click on add and select close.

And click on greater than.

And 200 next to the number.

Now click on Transcon again, the system has returned and given me four hundred and fifteen result,

most of the stocks in this has got prickled, let's see one or two stocks.

I'll open these talks and different tabs and show to you one by one.

Let's see the first stock traders see here.

Their stock has given a clear breakout.

You can use your breakout strategy or price action strategy, any strategy of your which led to the

second example.

So this is a year breakout, a wonderful pattern.

You can use this peacoat and enter the trade and follow your own strategy or use any strategy which

we teach you on the course, if you skip some pages, you will find even opportunities for selling.

So if you wish to shop, you can use these stocks.

Let me show you one example, traders.

See, this is one stock which has given a clear breakout here, you can search for shorting opportunities

traders by following this method, you can find stocks which are not dead and 50 50.

But these stocks will have good opportunities for trading.

This was the second method.

The third topic for today is how to enter trade bank Nifty.

Traders, there is more we have to discuss about bankruptcy, but the main reason why I added bankruptcy

here in this session is because when you trade in bankruptcy, you need not follow any rules, which

I mentioned today.

No need to check Attia.

No need to check daily.

Listen, nothing but only one rule which you have to follow us.

You have to trade only after 10:00 a.m., not before that.

That has to control your emotion.

Apart from this, you can use your own strategy or Energous will be teaching you around six strategies.

Every trade I do on my team do we follow only the six prosection strategies because it's reliable and

it is consistent.

Thank you for watching our.

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We hope you enjoyed it.

We'll see you in the next.

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