20 steps in day trading
- Trade only on “A group” scrip’s
- Get the A group scrip list in BSE for last traded session
- Sort them based on volume
- Select above one lakh volume
- Calculate the margin between lower and upper price
- Sort the stocks based on margin
- Select the stocks having margin above 4
- Check for PE/EPS for each share
- Select the scrip which has good PE/EPS
- Check in the TT for the growth expectations
- Check the hotness of the scrip’s
- Check for tipz recommendations
- If your scrip is not listed in tipz, don’t worry. Stick to your scrip’s.
- Have a look at the tips recommended A group scrip if any.
- Check for news and confirm one best
- Set your own buy price, sell price
- Put at least two different scrip orders at pre market duration for intraday
- One which has given you the expected return, sell it (This is the share which is growing at a time and in the whole day it may not go comparative height)
- The other one which slowly increases has a steady growth. Wait until post lunch.
- Then you decide and book profit or loss (More than 80% times it will be profit)
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