Wednesday, September 16, 2020

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Review of Performance of 02-Sep-20 Stocks List


Let us review the performance of the stocks list posted based on 2nd September closing. We had a total of just 12 stocks in the list on that day. I will not post the same list again. That can be reviewed here.

company symbol buy price min price max price 10th day price target met % gain min. to 10th day % gain buy day to max. % gain buy day to 10th day
AARVEEDEN 12.4 11.35 12.75 12.6 0 11 2.8 1.6
BSE 541.05 514.15 591.7 591.7 1 15.1 9.4 9.4
GILLANDERS 31.05 28.65 31.05 30 0 4.7 0 -3.4
GKWLIMITED 527.2 505.4 532.15 507 0 0.3 0.9 -3.8
INFRABEES 341.04 323.6 341.04 331.56 0 2.5 0 -2.8
LICNETFSEN 419.99 399 424.39 419 0 5 1 -0.2
PUNJABCHEM 601.6 584.35 635.4 635.4 1 8.7 5.6 5.6
SUBROS 252.9 229.45 256.25 243.4 0 6.1 1.3 -3.8
TECHNOE 234.65 198.25 234.65 219.75 0 10.8 0 -6.3
UBL 1084.5 1031.35 1155.25 1031.35 1 0 6.5 -4.9
UBL-1M 1089.55 1035.6 1148.3 1035.6 1 0 5.4 -5
VSTTILLERS 1720.6 1720.6 1907.2 1856.1 1 7.9 10.8 7.9

Same table as a picture.

You can click on it to see in full size.

Analysis of Performance

Net gain on capital in scenario 1: 0.5% (gain)

Net gain on capital in scenario 2: -0.5% (loss)

Net gain on capital in scenario 3: 3.6% (gain)

Net gain on capital in scenario 4: 6.0% (gain)

For details of each scenario, you can go through the explanation given for 20th August list review.

I have noted VSTTILLERS, PERSISTENT and five other stocks for short term trading for taking chances at making Jackpot gains. But day by day they are rising, one or the other. I am not able to select just one among them because I am not sure what criteria to use. Then PERSISTENT went up. Granules had pullback and it also rose 8% immediately the next day. LASA is another stock that keeps going up with 5% UC everyday. For such stock you need to place a buy order at UC the very first time you decide, before 9.07AM. IOLCP was there till yesterday which I looked at yesterday as one of the few remaining options. It jumped today.

Jackpot trading idea is basically to latch onto fast moving stocks like the way TIPSINDLTD moved recently and I wrote about it here yesterday. That is we try trading those stocks for short term but not sell them as long as they don't make sharp pullbacks or waste time. Sometime we hit a jackpot where the stock rises perfectly without much pullback or wasting several days in between rises. If we hit a couple of jackpots every quarter, the capital would double, more than compensating for little losses sometimes.

As such I am exploring several ways of trading. Jackpots, simple short term, medium term and long term SIP. Each requires specific set of stocks. They may not have common stocks. Their order of reliability is in ascending order as I listed based on my practical experience.

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