These best stocks for intraday trading for 17 – 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.
Table of Contents
Stocks to look out for tomorrow for intraday trading dated 17-April-2020
| STOCK NAME | TCS | ||
| OPEN | 1709.95 | MONTHLY TREND | DOWNTREND |
| HIGH | 1764.90 | WEEKLY TREND | RANGEBOUND AND FORMING A TRIANGLE PATTERN |
| LOW | 1675.05 | DAILY TREND | RANGEBOUND |
| CLOSE | 1735.15 | TODAY’S TREND | RANGEBOUND |
| STOCK NAME | HAVELLS | ||
| OPEN | 551 | MONTHLY TREND | DOWNTREND |
| HIGH | 557.45 | WEEKLY TREND | DOWNTREND |
| LOW | 539.40 | DAILY TREND | BROKED AND LOOKING FOR UPTREND |
| CLOSE | 559.50 | TODAY’S TREND | RANGEBOUND |
| STOCK NAME | DIVISLAB | ||
| OPEN | 2395.40 | MONTHLY TREND | UPTREND |
| HIGH | 2448.50 | WEEKLY TREND | UPTREND |
| LOW | 2353.80 | DAILY TREND | UPTREND |
| CLOSE | 2395.45 | TODAY’S TREND | RANGEBOUND |
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 gave for 16 – April – 2020 perform?
As you can see that TCS opened Gap -down from yesterday’s range, it looked for a quick uptrend as seen in the chart then it reverted back to its opening price, which gave a good trading opportunity.
As you can see that UBL opened in yesterday’s range, it looked for a quick uptrend and stayed up there for the whole day, it would be good entry point if entered with ORB Strategy.
The Nifty 50 was in uptrend today and the stocks selected by me followed the major indexes which are 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 17 – April – 2020 only and not for other days.
NOTE:- These best stocks for intraday trading for 17 – 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…
Leave a Reply