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 26 stocks showing up.
company symbol today's close price % rise today avg volume
ASAHIINDIA 231.3 5.9 76119
BHANDARI 1.2 9.1 176605
CROMPTON 305.2 6.5 968252
EXCEL 1.1 4.5 30245
GEECEE 71.5 11.2 10566
GREENLAM 764.2 3 5547
GRINDWELL 566.5 4.3 31476
IMFA 248.1 6.3 44399
IVZINNIFTY 1293.2 1.3 49
JAYBARMARU 229.3 7.9 58351
KELLTONTEC 51 4.7 588755
LICNETFN50 123.4 2.8 586
MTNL 10.7 19.6 1146596
MUNJALSHOW 143.5 8.7 105628
NELCAST 61 5.6 365714
PDMJEPAPER 15.2 8.2 105421
PDSMFL 319.9 2.2 4809
PENIND 17.4 7.7 264304
POKARNA 149.4 6.1 78949
POLYCAB 881.3 5.9 226365
RADIOCITY 21.4 19.9 1390801
SHANTIGEAR 109.7 9.7 123726
SPCENET 1.2 4.3 7008
VARDHACRLC 32.6 10.7 69167
VARDMNPOLY 8.7 3 13929
WSI 4.1 2.5 7935
Same table as a picture.
In the secondary list we got 59 stocks.
company symbol today's close price % rise today avg volume
ABCAPITAL 68.8 3.7 3651233
ADANIPORTS 364.4 1.7 4452850
AMJLAND 19.9 4.7 26229
ANDHRACEMT 5.2 9.5 220084
APCOTEXIND 154.7 6.7 192815
ASTRON 49 2 54060
BHARATFORG 495.1 6.7 2715886
BSLNIFTY 130.2 0.2 5637
CNOVAPETRO 6.7 4.7 1334
CNXMIDCAP 17306.2 0.8 56244
CUB 150.3 1 2862291
CYBERTECH 85 1 430344
DIXON 9809.2 3.3 69572
DTIL 258.4 4.2 12714
EVERESTIND 220.7 2.6 68459
GATI 57.5 3.4 808685
GRPLTD 737.6 3.4 776
HESTERBIO 1838.1 3.4 15217
HIL 1782.5 4.5 24307
ICICI500 159.7 0.7 6593
INDIGO 1372.5 1.2 2413210
INDOTHAI 19.5 9.9 5011
IZMO 41.6 2.7 27301
JAYAGROGN 99.5 1.9 13260
JPASSOCIAT 3.8 4.2 6400524
JUBILANT 776.3 5.4 544274
KALPATPOWR 252.6 2.7 429512
KANSAINER 516.8 2.4 254251
KOTAKNV20 62.3 0.9 9361
KTKBANK 45 1.6 1811095
LGBBROSLTD 257.3 3 91633
LT 941.3 0.5 5012068
M50 117.2 0.9 19103
MARALOVER 13.9 5.3 13786
NAHARPOLY 69.5 8 26798
NCC 35.5 6.9 10955619
ORIENTELEC 201.3 6 528351
PAPERPROD 308.6 3.1 268027
PLASTIBLEN 206.3 0.6 19342
PRECOT 35.4 4.9 2337
QUESS 424.1 2.4 216738
RELCAPITAL 9.1 9.7 1494925
REPCOHOME 202.8 2.1 683748
RICOAUTO 32.2 4.7 814267
RPOWER 3.3 20 18928781
RTNINFRA 6.8 4.6 1751558
SANGAMIND 52.8 4.8 22765
SANGHIIND 28.9 9.5 1216672
SCAPDVR 1.6 3.3 75996
SORILINFRA 69.5 10 77934
SRF 4422.6 1.1 266266
STAR 743.1 1.9 1523060
SUZLON 3.5 9.4 13238062
TATACOFFEE 109.1 3.3 847943
TIRUPATIFL 28.4 4 1268
TITAN 1241.7 1 2835310
UFLEX 339.6 3.2 220174
UMANGDAIRY 47.5 5.6 15176
VAIBHAVGBL 1924.6 1.1 20025
Same table as a picture.
Good stocks from the first list:
GREENLAM
CROMPTON
POLYCAB
GRINDWELL
Commentary:
I wanted to mention about the stock Shredigcem which I have referred to earlier as having investor interest several times. Ultracemco in NIFTY had recently reported good quarterly results and it went up. I was thinking Shredigcem was also going up recently as it is also in the same sector. But today it is up 8% at the close, even though Ultracemco is down a little. Shredigcem is fundamentally good stock, though a small cap. It is in uptrend and the price movements show investor interest. So finding such stocks is important. Having good fundamentals is a bonus because in case we get stuck in the stock, we can wait it out for recovery that will eventually happen for fundamentally good businesses. SIP is even better.
However one can wonder why Adanigreen goes up so much. It has investor interest. And speculation. May also be because it is an Adani stock. Fundamentals are not proven, yet it is at 1.1L crore market cap. It is pure hype based stock. Like RNRL did before 2008. Such stocks can be traded for gains following technical analysis (trends, moving average levels etc.). But long term investment is a gamble.
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