InvestorQ : In intraday my target is daily profit around 1000 to 2000Rs. for that which company share me buy?
Abhijit Desai made post

In intraday my target is daily profit around 1000 to 2000Rs. for that which company share me buy?

Answer
image
K V RAO answered.
4 years ago
Follow

You have to do intraday in solid stocks like HDFC Bank, TCS, Infosys, Kotak Mahindra, L&T, and a few others.
Your target is ok but you have to be very careful. Follow technicals (support/resistance )for the suggested stocks. Buy at the support levels and sell at resistance levels. At the same time support /resistance volumes are important. Have a strict stop loss at Rs5 below support levels. Target at Rs. 5 below resistance levels. At least select not less than 4 and not more than 6 stocks. Don't become greedy once you reach your targets. Close the trade for the day even if it is within 2 hours of morning trade. Don't become panicky when you incur losses. Trade rule: every trade may not be profitable. Save profits and build up your capital. Don't take away all your profts and live in indulgence. Earmark a portion of your profits for charity.

12 Views