To pick intraday stocks for tomorrow, it is important to analyze the volatility and liquidity of each stock. While these two factors tend to remain relatively constant, they do vary from day to day. As such, you can’t just choose any stock. You also need to be patient, as the volatility of any given stock may change in the future. But luckily, there is a good way to pick intraday stocks that are likely to rise tomorrow.
Today’s Indian stock market closed higher for a third day running, with the Nifty soaring 225 points. The BSE Sensex and Bank Nifty indexes likewise gained points. The Mid-cap index also rose in line with the Nifty. In addition, the VIX and INR plunged.
Traders can profit from intraday trading if they are able to recognize support and resistance levels, prepare their charts with proper levels, and strategize their entry and exit. To be successful at this, you need expertise, confidence, and strong diligence when it comes to stock price movements. If you can learn the techniques involved in intraday trading, you can turn it into a full-time job, working from home or in your office.
Remember that the best intraday stocks are those that are sensitive to news. This helps you make better decisions. Those companies that hide their operations can cost you money in the long run.