How to trade stocks that trade with the Nifty trend?

 Friend,

Only the beta value of the stock can help us in selecting stocks that trade in the direction of the Nifty trend.

Because beta value is the only way to tell us the strength of our chosen stock relative to the index.

So in simple words, google the selected stock once and check its beta value. If it is 1 or above, then the stock will follow the market trend in the same proportion.

For example:

If the beta value of the stock is 1, then the stock will also move the same percentage as the Nifty.

If the beta value of the stock is 2, then the stock will move twice the percentage of Nifty's movement.

You can do one thing to select stocks. Open the pre-open market page from the nseindia website at 9:08 am. And see here which stocks have opened a gap equal to the Nifty gap.

In such a case, the beta of most stocks is equal to 1.

Hope the post is useful for you.

Thank you