Hello Everyone,
Welcome back to another article and this time it’s a bit different instead of productivity we are going to discuss finance and I am pretty sure 90% of the people have already left hearing the word finance but we are still going to talk about it because it’s my recent biggest obsession and am trading a lot. In this I am going to share 10 stocks which I would day trade and for each of them I am going to provide you with my though process.
The Stocks
- The First Stock I am going to be day trading as soon as the market stock is IRFC (Indian Railway Finance Corp) this is a very interesting stock and It has gone up 14% in the past 5 days and my prediction is that it will go up from 184 to over 200 this is based on that on 22 May the price sky-rocketed and then it started consolidating and now I believe that it is still going to continue to go up.
- TATAS -: This is another stock which seems really interesting and again it seems like its going to sky rocket but this time it’s going to perform even better than IRFC. The reason mainly is that is’s been going up very gradually and from 24 to 27 it just kept consolidating and I just think now is the perfect time to buy it and sit back and enjoy.
- ROTO -: This is quite a different stock than the other two we have mentioned because instead of buying this I would recommend going short and selling it and the reason is the exact same as TATAS but instead of going up it is going to go down.
- ORIENTELEC-: This is also another stock which I think is going to go down just like ROTO and my prediction is first it’s going to go up for a period of time but after that it’s going to absolutely fall and is going to fall hard and the idea behind it is that it’s gone up by 4% in 1 day and now it is probably going to go down and then probably consolidate.
- INDRAMEDCO-:Another Stock which I would go short and sell and one of the reason is from the past month the only thing it has done is go down in small burst and I think it is finally the time for it to fall big and fall hard.
- DCMSRIND -: I know you are going to be mad at me for giving you another stock which will go down but these stock are just really profitable so anyway this is also a stock which I am predicting will go down and this time it’s because this has gone up by 11% in the past 5 days but out of those 5 days 4 days are pretty much consolidating. And I would say it’s also going to go low big time.
- ONGC -: Finally we have a stock which you can go and buy and watch it soar and touch heights previously unknown(cue the dramatic music) this stock seems really promising and my prediction is it’s going to soar up from 283 to over 300 and the reasoning is it went up then consolidated and then the same thing happened again and the next week the same thing was repeated and now it has recently completed the consolidation and I think it’s about to blast up instead of a short boost.
- IDBI -: Another stock which is going to go up It has gone up by 4% in the past week and I think it’s about to go up by 12-15% leading to insane profit. Specially considering how cheap the stock actually is.
- HINDPETRO -: This is also a stock which I am willing to say will go up and I actually had traded with this in the past but I wasn’t really sure about it so I instead of trading with real money I used a paper trading platform and thank god I did because the stock defied every single prediction I made but now I am quite confident that it has no option left but to follow my prediction. Over the past 5 days it has gone up by 8% and I think it will go up even further now.
- ABCAPITAL -: Last but not the least we have another stock which is about to go down this is probably not going to go down much but it still is profitable none the less. The reason is that in the past it went up and down for over 3 weeks continuously and I am betting it is going to follow the same pattern again.
These are my watchlist stock and hopefully give me the benefit and profit I am looking for and hopefully this gave you some stock to add in your own watchlist and I would recommend doing your own research and decide which stock is best.
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