If you are a trader, you need to look at stocks, which are volatile, which would help you to make trading profits intra-day. Apart from sharp movement either way, the other thing is high liquidity that investors and traders need. Here are 5 stocks that are volatile and have a very high liquidity, which makes them a traders favorite.
On Oct 18, the stock of IndiaBulls housing hit a low of Rs 195 and touched a high of Rs 256. Just look at the huge intra-day movement in the stock. This makes the stock extremely volatile and on any given day, you are unsure, which way it could move.
The value of shares traded on Oct 18 was to the tune of Rs 12,014.78 lakhs.
Yes Bank is another stock that is top of the volume charts and the intra day movement, allows traders to make or lose money more than scores of stocks listed on the BSE and NSE. On Oct 18, 2019, the stock saw a total value traded of Rs 14,923.89 lakhs.
Frequent speculative roumours on people or groups picking stake in the bank only adds to the volatility and volumes in the stock. The results of the bank for the quarter ending Sept 30, 2019 are eagerly awaited.
This is another stock that is seeing sharp intra day movement. The shares on Oct 18, 2019 saw a total value of Rs 8,479.49 lakhs being traded. The shares have been seeing sharp intra-day movements.
The company recently declared its quarterly numbers for the period ending Sept 30, 2019, which was more or less in line with expectations.
The state owned Bharat Electricals Limited has also been seeing a sudden spike in volume. On Oct 18, 2019 it saw a total value dealing of Rs 7,159.86. There has been a sudden interest in the stock on hopes that there would be a turnaround.
The shares on Oct 18, 2019 spiked by a huge 21 per cent in a single trading session. Volumes too on the counter were huge.
Tata Motors too has been seeing heavy volumes and increasingly bigger intra-day movement in its share price. The stock did fall on Oct 18, but, the volumes were exceedingly high.
This is one stock that has eroded wealth of investors, as JLR performance continues to be very subdued. In any case, the shares remain a trader favorite, with an intra-day opportunity to make or lose money.