How to choose good stocks for Intraday and Investing?
“Choosing good stocks” for intraday and for investment is now a buzz word in India. Most trader try to get easy way to get stocks but remember there are more than 3000 stocks in exchange. It is very difficult to do fundamental and technical research on each stock to find suitable one. So in this page we have tried to simplify the process by categorising stocks into sectors and market capitalisation. Here stock traders can learn how to pick stock for trading or investing. Here you can find good fundamental stocks from each sector and find their market capitalisation like Large cap(L), Midcap(M), Small Cap(S). This will help you to find high Beta or volatile stocks, like midcap stocks are more volatile and large cap stocks are less volatile. Technically they also comes under segment and maximum follow Nifty technical pattern which helps traders to analyze trend of any stock. In case of any news traders can find effect of news on which sector and which stock to choose from that sector.
Example - Lets analyze one news - Rubber price increased due to Kerala flood.
First think which sector it can affect. Tyre industries. Search “Tyre” sector below and select Apollo tyre and Ceat. Due to increase input cost pressure will be on their profit margin. So go for short selling. It’s easy.
Auto Sector(L - Large Cap, M - Mid Cap, S - Small Cap)
Aviation-Transport & Logistics
Castings and Forgings
Diamond Cutting & Jewellery
Hospital & Medical Services
NOTE--Watch Texmaco(S) and Titagarh Wagons(S) before Railway Budgets.