You’ve probably heard that the stock market is unpredictable. That is actually true and everyone who invests to improve their finances needs to bear that in mind. However, let’s be honest, some stocks are by far more predictable than others.
Short term tips are provided by our experts and traders, who will guide you on the best time to enter and exit the stock markets. They nurtured the science of technical analysis when they established intraday trading tips. Intraday trading tips by ABJ Finstocks, best stock advisor in india, is providing top-notch intraday tips & technical analysis. We are intraday stock tips provider in India.
Choose the right stocks
One of the most important things you have to do when trading is choosing the right stocks. But that’s easier said than done. There are thousands of different stocks to choose from, so it can be hard to find the right ones.
Choose liquid stocks
For intraday traders it is essential to choose a liquid stock and intraday calls for today. A liquid stock is stock that has high trading volume so that you can easily book your profit and also enter the stop loss very easily in your position. Once you identify high liquidity stock then it is advisable to wait until the market opens and then check whether the price has any news or not affecting its price.
Always set a stop loss level
Trading is no fun if you don’t stay in the game. Have you ever done an Intraday trade where the trade did well for some time, but then suddenly stopped hitting its targets? It’s one of the most frustrating things in trading. You have to keep a stop loss level on every trade so that your equity doesn’t go down severely.
One of the biggest mistakes investors make is to think that stocks will move in a straight line. When we see it moving up sharply, we are likely to buy — and wait for that move to exhaust itself. However, stocks aren’t meant to move straight up, sometimes they experience pullbacks and setbacks. If you don’t set a stop loss level, your losses can really add up fast due to these downward moves.