How to Select Stocks for Short Term Trading

First, analyze indices charts and find out bullish sector.


A bullish stock/sector is one having a bullish candle. Now first see monthly time frame then weekly and then daily. Check the overall trend and try to find and price pattern.


Next, find resistance and support on weekly and daily time frames.


Then see the hourly time frame and again draw support and resistance lines.


Look for breakout price level on an hourly time frame.