Best Intraday Stocks for Beginners & How to Choose the Right Stocks for Day Trading (Complete Guide)

Best Intraday Stocks

Best Intraday Stocks

Intraday Trading Begins With Stock Selection

Intraday trading offers quick opportunities—but only if you choose the right stocks. For beginners, stock selection is often the biggest challenge. Many new traders rely on tips, news, or guesswork, which leads to losses.

To trade intraday successfully, you must pick stocks that are:
✔ Liquid
✔ Volatile
✔ Trend-friendly
✔ Technically clear
✔ Backed by strong sector movement

This blog will show you the best types of intraday stocks for beginners and how to choose them like a professional trader, based on NIFA’s expert methodology.

Best Intraday Stocks for Beginners

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These are not specific stock names, but categories of stocks that beginners can safely trade every day.


1. Index Heavyweight Stocks (Most beginner-friendly)

These stocks move cleanly and follow Nifty/Bank Nifty trends.

Examples:

  • HDFC Bank

  • ICICI Bank

  • Reliance

  • Infosys

  • TCS

Why beginners should trade them:
✔ High volume
✔ Less manipulation
✔ Predictable price action
✔ Smooth intraday movement


2. Banking Stocks (Best for intraday volatility)

Banking stocks move strongly in both trending & breakout markets.

Examples:

  • Axis Bank

  • SBI

  • Kotak Bank

Why beginners like them:
✔ Clean trend
✔ Quick momentum
✔ Clear patterns
✔ Strong correlation with Bank Nifty


3. Stocks with High Volume & Liquidity

Volume = confidence.
Liquidity = smooth buying/selling.

Examples:

  • Tata Steel

  • Maruti

  • Hindalco

  • LT

These stocks avoid slippage and give cleaner, safer moves.


4. Strong Sector Stocks (Sector-based intraday trading)

When a sector is strong → its top stocks give powerful entries.

If Auto sector is strong:
→ Trade Maruti, Tata Motors

If IT sector is strong:
→ Trade Infosys, TCS

If Metal sector is strong:
→ Trade Tata Steel, JSW Steel

Sector strength = higher accuracy


5. Breakout/Breakdown Stocks

Stocks breaking major levels give strong momentum.

Ideal for beginners because:
✔ Easy to spot
✔ High-direction clarity
✔ Good liquidity
✔ Strong push after breakout

How to Choose the RIGHT Intraday Stocks (Step-by-Step NIFA Formula)

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This is the same process NIFA teaches in its Live Market Training Sessions.


🔵 1. Choose Stocks With High Volume (Most Important Rule)

High volume ensures:
✔ Strong participation
✔ Easy entry/exit
✔ Reliable movements

Look for:

  • 10–20 lakh shares traded

  • High relative volume

  • Strong opening volume

Low-volume stocks are dangerous—avoid them.


🔵 2. Look for Good Volatility (But Not Too Much)

Ideal intraday stock moves 1% to 3% daily.
Too volatile = risky
Too slow = no profit opportunity

Choose stocks that move steadily.


🔵 3. Analyze the Trend (Never Trade Against the Market)

Use:
✔ Price action
✔ Moving averages (20 EMA, 50 EMA)
✔ Higher highs & higher lows (uptrend)
✔ Lower highs & lower lows (downtrend)

Beginners must trade with the trend, not against it.


🔵 4. Identify Clear Support and Resistance Levels

Good intraday stocks respect these levels.

Support → Buy zone
Resistance → Sell zone

If a stock breaks these levels with volume → high probability trade.


🔵 5. Check for Breakouts / Breakdowns

Breakout above resistance = Buy
Breakdown below support = Sell

Always confirm with:
✔ Volume
✔ Candle closing
✔ Trend alignment


🔵 6. Follow Sector Strength

If one sector is performing strongly, its stocks give excellent opportunities.

For example:
If Bank Nifty is up → Banking stocks move well
If IT is weak → Short IT stocks

Sector strength = higher accuracy and cleaner moves.


🔵 7. Avoid Stocks With News-Based Volatility (Beginners Trap)

News increases risk.
Avoid:
❌ Earnings day
❌ Major events
❌ Bonus/split days
❌ Political announcements

These create unpredictable spikes.


🔵 8. Use Simple Indicators (Not Too Many)

Best indicators for beginners:
VWAP → Market direction
RSI → Overbought/Oversold
20 EMA → Trend identification
MACD → Momentum confirmation

Remember:

Indicators confirm—Price Action decides.

NIFA’s Intraday Stock Selection Checklist

Use this before every trade:

✔ High volume
✔ Clear trend
✔ Strong sector
✔ Good volatility
✔ Tight bid-ask spread
✔ Breakout or breakdown level
✔ Confirmed by price action
✔ Stop-loss level clear
✔ No major news risk

If all are YES → high probability trade.

Choose Smart, Trade Smart

Intraday success is not about luck.
It’s about choosing the right stocks, at the right time, with the right system.

By using NIFA’s intraday stock analysis formula, beginners can:
✔ Reduce losses
✔ Improve accuracy
✔ Build confidence
✔ Identify high-quality trades
✔ Grow steadily in the stock market

The right stock = The right opportunity.
And NIFA teaches you exactly how to find it.

Join NIFA & Learn Intraday Trading the Right Way

🌐 www.nifa.co.in
📍 Bhopal, MP
📞 Call/WhatsApp: +91-97 5555 3333

NIFA — Learn. Trade. Grow.

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