How to select intraday stocks

Look for high liquidity stocks: Select stocks that have high trading volumes, as they are more likely to have tight bid-ask spreads and better price discovery, which is crucial for intraday trading.

Check for news and events: Keep an eye on any breaking news or events that could impact the stock price. This could include earnings reports, mergers and acquisitions, macroeconomic indicators, and political developments.

Analyze technical indicators: Use technical analysis tools such as moving averages, Bollinger Bands, and Relative Strength Index (RSI) to identify patterns and trends in the stock price movement. This can help you determine potential entry and exit points for your trades.

Follow market trends: Monitor the broader market trends and sector-specific trends that could impact the stock prices. This could include factors such as interest rate changes, global economic conditions, and industry-specific developments.

Keep an eye on volatility: Intraday trading requires taking advantage of short-term price movements, so it's important to select stocks that have a high level of volatility. However, it's important to manage your risk and use appropriate stop-loss orders to protect against sudden market movements.