How to Select Stocks for Intraday Trading in Quanttrix (2025 Guide)
Selecting the right stocks for intraday trading is the foundation of successful day trading. Whether you are a beginner or an experienced trader, stock selection determines your potential profits and risk levels.
With platforms like Quanttrix — India’s smartest AI-powered algorithmic trading software — traders now have data-driven tools to help them identify high-potential intraday opportunities automatically.
In this article, we’ll guide you through how to select stocks for intraday trading in Quanttrix, how to pick the best stocks manually or algorithmically, and how to apply proven intraday stock selection strategies that actually work.
What Is Intraday Trading?
Intraday trading involves buying and selling of stocks same day in order to enjoy the short run price changes. Not fundamentals, but volatility, liquidity, and momentum are the things that you are interested in as opposed to long-term investing.
The key to success lies in choosing the right stocks that are likely to move significantly during the day. Quanttrix simplifies this process by using AI algorithms and predefined trading strategies that automatically scan the market to identify high-probability trade setups.
Why Stock Selection Matters in Intraday Trading
Picking the wrong stock — even with a good strategy — can result in losses. On the other hand, a well-chosen stock with momentum and liquidity increases your chances of success.
Here’s why stock selection is crucial:
- High liquidity ensures smooth entry and exit.
- Volatility provides enough price movement to generate profit.
- Volume confirmation validates strength behind a move.
- Sector trends and news often create short-term opportunities.
Quanttrix helps automate this entire selection process with data filters, technical analysis tools, and backtested intraday strategies.
Step-by-Step: How to Select Stocks for Intraday Trading in Quanttrix
1. Filter Stocks by Liquidity and Volume
Always start by focusing on liquid and actively traded stocks.
Choose stocks with an average daily volume above 10 lakh shares.
Avoid penny or illiquid stocks where spreads are wide.
In Quanttrix, use liquidity filters or built-in stock screeners to shortlist active counters.
Examples: Reliance Industries, HDFC Bank, Tata Motors, Infosys, and ICICI Bank are great intraday candidates due to high trading volumes.
2. Identify Stocks with High Volatility
Volatility is essential for intraday profits. You can find volatile stocks using:
ATR (Average True Range) indicator
% price change compared to previous close
Live market movers feature in Quanttrix
High volatility = better profit potential, but also higher risk. Use proper stop-loss placement in volatile counters.
3. Look for Stocks with News or Events
Stocks in the news often experience large intraday movements due to investor reactions.
Check for earnings results, corporate announcements, or sector-related news.
Quanttrix algorithms often highlight event-driven stocks automatically in the daily scan.
Example: If a company posts better-than-expected results, Quanttrix may flag it as a bullish setup for the day.
4. Use Technical Indicators and Breakout Signals
Intraday trading thrives on technical setups. Common indicators include:
Moving Averages (20 EMA / 50 EMA crossovers)
RSI (overbought/oversold zones)
MACD crossover signals
Volume spikes near support/resistance zones
Quanttrix allows traders to create customized strategies based on these technical parameters — automating buy/sell signals for consistent execution.
5. Backtest Before You Trade
Quanttrix offers backtesting features to test your intraday stock selection strategy on historical data.
This helps you understand:
Win ratio
Average profit/loss per trade
Maximum drawdown
Risk vs reward ratio
Always backtest your intraday strategy before going live. Quanttrix lets you simulate different timeframes (1-min, 5-min, 15-min) to fine-tune your system.
6. Apply Risk Management Rules
Even with perfect stock selection, intraday trading requires strict risk control.
Limit loss to 1–2% of total capital per trade.
Always use a stop-loss.
Set daily loss limits to prevent emotional decisions.
Diversify across 2–3 trades instead of concentrating all capital in one stock.
Quanttrix allows automated stop-loss and target execution, helping traders stick to their plan.
7. Review and Optimize Regularly
After each trading session:
Review your trades using Quanttrix performance reports.
Identify which stocks or strategies are working best.
Optimize your watchlist weekly for better accuracy.
Intraday trading is an evolving game — continuous learning and tweaking are key to success.
Top Intraday Strategies You Can Use in Quanttrix
Quanttrix supports both manual and automated strategies. Some of the most popular include:
Strategy | Description | When to Use |
Opening Range Breakout (ORB) | Trade breakouts above/below the first 15-min range | High-volume, trending days |
Momentum Strategy | Trade in direction of strong price and volume | When market shows directional bias |
Reversal Strategy | Buy low / sell high near support or resistance | On range-bound days |
Gap & Go | Trade stocks with overnight gap-ups or gap-downs | After major news/events |
Scalping | Quick, small trades for 0.2–0.5% moves | High-frequency opportunities |
Each of these can be configured and automated within Quanttrix, saving time and improving consistency.
Quanttrix: The Smarter Way to Pick Intraday Stocks
Quanttrix is designed for traders who want to simplify and automate intraday stock selection.
Here’s what makes Quanttrix unique:
- AI-driven stock scanning and signal generation
- Built-in technical strategies (ORB, momentum, breakout, etc.)
- Backtesting engine for data-driven decision-making
- Custom strategy builder for advanced users
- Instant execution via integrated brokers
With Quanttrix, traders don’t need to manually scan hundreds of stocks — the algorithm does it in seconds, suggesting only high-probability trades.
Visit Quanttrix.io to learn how to set up your own intraday strategy in minutes.
Pro Tips for Selecting Intraday Stocks in Quanttrix
- Always trade in the direction of market momentum.
- Avoid low-volume or illiquid stocks.
- Focus on 3–5 high-quality setups per day.
- Backtest every strategy before going live.
- Keep emotions out — let the system do the work.
Conclusion
Intraday trading does not require one to select the right stocks through guessing. Quanttrix enables traders to filter, backtest and trade effectively using AI, automation and advanced analytics.
Whether you’re learning how to pick stocks for intraday trading or looking to upgrade your trading system, Quanttrix gives you a professional edge.
Start your journey today: Explore Quanttrix Onboarding Guide
FAQ'S
How do I select the best stocks for intraday trading in Quanttrix?
Use Quanttrix’s stock screener to filter stocks with high liquidity, volatility, and volume. Combine this with pre-built strategies like ORB or momentum trading to get AI-powered buy/sell signals.
Can beginners use Quanttrix for intraday trading?
Yes, Quanttrix is user friendly. You can begin with ready-made templates and proceed to a higher level of customization when you have mastered the market dynamics.
How many stocks should I trade intraday?
Focus on 2–5 quality setups per day. Overtrading can lead to errors and increased transaction costs.
What indicators work best for intraday stock selection?
Moving averages, RSI, VWAP, and volume spikes are among the most reliable indicators for intraday stock picking.
Is Quanttrix suitable for both manual and automated traders?
Absolutely. Quanttrix supports manual decision-making as well as full automation, making it ideal for all types of traders.
How much capital do I need to start intraday trading with Quanttrix?
You can start small — even ₹10,000–₹25,000 is enough for basic strategies. The platform scales easily as your confidence and capital grow.
Does Quanttrix provide backtesting for intraday strategies?
Yes. You can backtest any intraday strategy within Quanttrix using historical data to measure performance before trading live.
