Tuesday, August 25, 2020

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Stock Selection List Short Term Study (2 Weeks Timeframe) for 25-Aug-20


Since mid of August, I have started doing this as a study so the readers of this blog can learn along with me. I am also giving valuable list of stocks for quick profit. If anyone bought Kiriindus and Trent on the morning of 25th August as they showed up in 24th August list, they would have gotten a profit of 4-6% by evening.

I got inspired for this selection when I once noticed Indigo on daily chart and next day bought its CE at 9 and sold at 18 after few hours. Later traded TNPL, INFIBEAM, DIAMONDYD, JOCIL, BLISSGVS, ATULAUTO, during mid weeks of August and booked about 5% profit in a short time. Every stock may not rise the very next day. But I observed the potential for a rise in the next 10 days, on few stocks over a historical period of five years. Thus I decided to make such list everyday and trade familiar stocks or observe them for building trading watchlists to grow familiarity to trade later.

Today's short term selection list for short term study (2 weeks timeframe). Their performance will be reviewed after 8-Sep.

company symbol  % rise today  today's close price
AMBIKCO 8.8 731.2
ARMANFIN 7.6 529.9
ASAHISONG 6.3 227.3
CANBK 3.1 106.7
DMART 4 2341.2
FINPIPE 8 502.8
GOACARBON 10 242.7
GRAPHITE 10 209.6
HEG 16.4 930.9
IBMFNIFTY 19 139.7
INDIAGLYCO 5.1 310.8
INDOSTAR 6.5 276
KRIDHANINF 4.2 3.8
KSL 1.3 230.6
LICHSGFIN 8.1 299
LICHSGFIN-1M 8.4 299.9
LOTUSEYE 19.4 35
MFSL 12.8 619.9
MFSL-1M 12.5 620.9
PRESSMN 7.3 21.2
RAJTV 8.8 41.4
RALLIS 7.8 325.3
RKDL 9.7 7.9
SELAN 16 135.2
SHANTIGEAR 6.8 97
SHRENIK 5 52.5
SYNGENE 5.5 503.9
VERTOZ 4.9 126.9

Same table as a picture.

I forgot to mention yesterday about banknifty rise. In Sunday's post based on Friday's list, I have mentioned about 4 banks showing up in the list and thus other banks could gain next. Yesterday many top banks gained which is why banknifty had a big gain in a long time. Today also CANBK showed up in the list. BANKNIFTY is still up today. So these few days money is rotating to BANK stocks.

As money gets pumped into stocks, due to lower interest rates, it keeps rotating into stocks that haven't risen much relatively.

Yesterday there was SRIPIPES int he list. Today we have FINPIPE in the list. It can help to note which sector stocks are strongly showing up the list to expect any other stocks of the same sector to rise in the coming days. If you hold other stocks in that sector, you can expect them to rise before deciding to sell them.

Today we also have some financial stocks rising. Bajfinance rose to new high of the last four months. In our list we can see LICHSGFIN and ARMANFIN with 8% gain today. Looks like these are good for big price gain in this sector. There are other finance stocks like PFC that could gain in the coming days.

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