Wednesday, October 21, 2020

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Stock Selection List on 20-Oct-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.

The first list is good for finding stocks that have just started rising and so there is room for more rise in the immediate future. They can also give second chance to exit if market is not in good shape.

The second list is good for finding stocks that you are already holding or familiar with to hold for some more time and exit partially after a big single day rise. A stock shows up repeatedly in second list to give you chances to prepare partially unload the stocks.

Today's primary list has 15 stocks showing up.
company symbol today's close price % rise today avg volume
ATFL 755.3 7.5 22636
AUSOMENT 52.3 20 35323
DHARSUGAR 4.8 4.3 6876
DHFL 15.2 9.7 1259300
GULPOLY 64.3 8 58021
HERCULES 98.2 13.3 184452
HINDCOPPER 36.5 11 1054552
ICICI500 159.3 0.6 4446
JASH 206.3 2.7 22608
KAMDHENU 77.5 5.9 21202
LASA 71.8 9.9 129116
OBEROIRLTY 457.8 17.4 573409
PRAJIND 78.1 4.3 1667125
TOKYOPLAST 62.9 4.4 9423
WELENT 78.3 10 214696

Same table as a picture.

Good stocks from the first list:
ATFL
OBEROIRLTY
PRAJIND
WELENT

In the secondary list we got 32 stocks. (From today the lists are not redundant. The second list does not include those from the first.)
company symbol today's close price % rise today avg volume
AMBIKCO 717.9 0.4 15098
ASIANPAINT 2118.5 2.3 2402934
CERA 2541.2 1 6744
CGCL 244 2.1 120573
CNXREALTY 226.9 3.9 56365
COFORGE 2576 1.3 533113
CROMPTON 288.9 2.8 831685
DABUR 528 1.7 3068748
DALBHARAT 814.9 1.2 175053
DLF 167.4 1.7 14102614
EXCEL 1.1 4.5 30509
GOLDIAM 135.6 3.7 58547
GSS 40 8.3 407889
HCLTECH 879.6 4.1 10556770
IGPL 311.2 4.6 103475
LICNETFN50 122.9 2.9 591
MAGMA 37.2 3.5 1187008
NAVNETEDUL 80.8 0.8 90933
ORTINLABSS 21.4 4.7 56876
PITTIENG 33.9 3.7 223872
SASKEN 726.9 0.7 86327
SIEMENS 1287.8 0.9 763418
SOBHA 271.5 2.4 474975
SPTL 2.4 4.3 1787143
SSWL 511.3 5.7 65895
SUMMITSEC 411.8 1.7 2715
TATASTLBSL 23.9 0.2 2538829
TECHM 849.9 3.1 5783373
TTML 4 19.7 1150889
VAIBHAVGBL 1916.7 1.2 23692
VAKRANGEE 30.7 4.6 1800800
VIDEOIND 2.8 3.8 380416

Same table as a picture.

Good stocks from the second list:
ASIANPAINT
CERA
COFORGE
CROMPTON
DABUR
HCLTECH
NAVNETEDUL
SIEMENS
TECHM

With more risk but good for long term (in future something can go wrong, if not then good):
CGCL
DALBHARAT
DLF
MAGMA
SOBHA

Commentary:

Today's highlight is the JUSTDIAL stock that showed up on Thursday. That day it was at 461. It showed few days prior to that too. But I started listing good stocks from that Thursday, starting with JUSTDIAL as the first. I mentioned that day that it was the only good stock that day. And it proved the value of these lists in only 3 days by jumping from 462 to 607. Today it closed at upper circuit gaining till the last minute by 20%. That means it will go up tomorrow too. I had mentioned about it yesterday too.

And the good stock from yesterday's list SOMANYCERA, is up by 7% today.

Now there is no need to go to any other place for finding next good stocks to trade. Just follow my blog updates here.

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