How To Select A Stocks For Intraday Trading ?

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 So many people said that for IntraDay Trading. There is requirement for only volatility stocks. They was not wrong but i think . This is my personal opinion. Volatility is not the only thing which is required for IntraDay stocks. On my point of view. You only focuses on volatility but forget nesure picture.  According to me , what i feel, There is 3 aspects for intraday stocks.
     

1.      Volume
2.      Volatility
3.      Vix.

   Volume 

If there is no volume is stock, these stocks are not right for intraday. Volume is important because if stock goes high, it means there is big trader enter in the stock. If you find that which stock volume goes high it means those stocks goes high.




Volatility

Volatility is most important for IntraDay Trading. Because if there is no volatility in the stock. Stock price doesnt increase.







Vix

Vix means Globally what happens in Share Market. You must find out and you must know what things going on.

Globally means 1. What is National News
                             2. Indian Market staying 
                                 Bullish or Not
                            3.  News of Stocks.
                            4. Intraday Factors.

If you work on these points no one can beat you in IntraDay.

In IntraDay Factors, there is a lot of things which is help you to find out stocks selection for IntraDay.

Before you find out volume you must find out Vix.

How to find out vix for IntraDay ?

1. First you search " Vix Index India" in google search.

2. Select first which is from money control app.

3. Normal Range of Vix is 10-12.

4. Suppose Vix is 49.74. It means Vix is high (Volatility high) . Globally Indian Market  is good for intraday.

Now  find out Volume of stocks for IntraDay.

1.  Goto website of "www.chartlink.com". It is very simple to use. After open chartlink window. It seems to be

2. Go to

Screeners          

(create scan)
        |
Green plus(+) button
        |
Volume
        |                              
Select Operaton
(greater than)
        |
Number
        |                            
Volume                        
        |                  
Latest
        |
1 Day
        |
Run scan



                                     

 Same as above select all the option in select operation section as i given in the chart in left side.
After that we saw lot of stocks but we cant watch all the stocks so after that we find limited stocks which is Bluechip stocks.

Once again we scan the stock. These stocks may be more than 500 or less than 500. Steps are also same.

      Scan

Select again Green (+) button
                 /
Select operation (close)
             \
Select operation (Greater than)
             /
Number (500)
         \
   Run Scan

           
After that we saw limited stocks,which we want to find. After that we go to our charts . We select indicators.  Mostly I select MACD, M FLOW, MOVING AVERAGES ,VWAP.
 I also write on these indicators in coming days.