These best stocks for intraday trading for 16 – April – 2020 only and not for other days.

There are many ways to pick a stock and to test them during the market hours. In this blog, I post daily best stocks for intraday trading tomorrow (for the next day) which are analyzed and based on various factors such as liquidity, volatility, and various other factors.

Stocks to look out for tomorrow for intraday trading dated 16-April-2020

STOCK NAMETCS  
OPEN1785.00MONTHLY TRENDEXPECTED BREAK FOR DOWNTREND
HIGH1812.00WEEKLY TRENDDOWNTREND
LOW1727.80DAILY TRENDDOWNTREND
CLOSE1759.25YESTERDAY TRENDDOWNTREND
STOCK NAMEUBL 
OPEN954.95MONTHLY TRENDRANGEBOUND
HIGH965.75WEEKLY TRENDCURRENT BREAK FOR DOWNTREND
LOW905.00DAILY TRENDDOWNTREND
CLOSE949.85TODAY’S TRENDDOWNTREND

From the above charts and table, you can clearly see that three Monthly, Weekly, Daily trend shows an uptrend but yesterday’s trend (15-Apr-2020) was in rangebound.

How did the stock given for 15 – April – 2020 perform ?

colpal on 15 _ april _ 2020
The trend of COLPAL on 15 – April – 2020

As you can see that Colpal opened in yesterday’s range, it broke in the latter part of the day and then it returned to the mean price of yesterday’s day range high.

That means that buyers and sellers were having the same amount of influence on this stock, thus creating a less trading opportunity with its increasing volume.

Nifty 50 on 15 - April - 2020
Nifty 50 on 15 – April – 2020

The Nifty 50 was also range-bound today in the starting and then went in a downtrend and the stocks selected by me followed the major indexes which is a good signal for trading.

However it may effect from stock market news and how the stock market opens tomorrow.NOTE:- These best stocks for intraday trading for 16 – April – 2020 only and not for other days.

NOTE:- These best stocks for intraday trading for 16 – April – 2020 only and not for other days.

I share these type of daily recommendations stocks for intraday trading here on my blog and on my Instagram account, do follow if you found it helpful and thanks for reading…