Intraday watch list for Monday. With markets staying tight going no-where, there are some stocks which have good patterns to wait for some activity to favor us.
Short stocks
Bank Nifty, INFOSYSTCH, TATASTEEL.
Long stocks
HDIL, ITC, SBIN
HDIL, ITC show immediate trades and have good strength.
Trading Intra day is high risk, it consumes more energy time and effort. To make it rewarding for the efforts expended please use strict rules and stop management. Keep risks at lowest possible levels but, rewarding enough. This is tricky, and it the most essential part of trading. After all there is no free lunches either.
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