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INTRADAY TRADING TIPS

Intraday Market today on the very first day of the new week, new month started with a flat note and its been 1 and a half hour till it opened and trading quiet now too. The market breath for today seems positive with advances at 814 against declines of 421 on NSE.

BUY BHEL @ 233-234 SL: 229 TGTS: 240-241

BUY NTPC @ 160.50-161 SL: 158 TGTS: 164-165

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Day trading is characterized by multiple intra-day trades executed to take advantage of small price movements in stock. Stocks are generally held for minutes or hours and generally positions are closed out overnight for small profits or losses. In the day trading study, a day trader is described as ” an individual who conducts inta-day trading in a focused and consistent manner with a primary goal of earning a living through the profits derived from trading strategy.

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