Next day watchlist

What is the Next day watchlist?

With so many stocks on the market, it's practically impossible to manually analyze all of them every day in order to pick intraday stocks for tomorrow. As a result, the Intradayscreener website developed a special algorithm called as Next day watchlist, which generates a Next day watchlist of stocks to buy based on various data points such as price action, volume action, open interest action, fund action, and so on.

The next day watchlist function is updated on a daily basis and gives a proposed trading range for the stock. The image above is a screenshot of the Intradayscreener website's Next day watchlist, which is generated every day. This makes picking stocks for tomorrow much easier for traders.

How to use the Next Day watchlist?

The Next Day Watchlist will show you the best intraday stocks to trade the following day, one day ahead of time. A custom algo screens stocks on daily charts based on weekly, monthly, and yearly breakouts, as well as average volume breakouts. You may easily select equities for the next trading day using the Next day watchlist tool. For equities, we establish buy or sell positions with a 1% around stop loss, and every time the stock sustains the buy or sell level with open interest and volume gains, we create buy or sell positions. A 5% stop loss is recommended for equities valued at more than 400 rupees.