Wednesday, August 30, 2023

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Stock Selection List from 30-Aug-23


The daily 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. As proven time and again, these also help finding stocks early on before they take off. Some examples of that are Justdial (120%), Somanycera (200%), Adanigas (350%), CGCL (150%), Saregama (300%), Prajind (300%), etc.

This day's primary list:
company symbol today's close price % rise today avg volume avg. turnover in cr.
BAJAJHCARE 375.3 19.7 122493 4.6
BANSWRAS 168.2 9 127336 2.14
BBL 4142.3 9.5 27182 11.26
DEEPAKFERT 602.5 3.1 753323 45.39
GENESYS 356.1 11.8 91127 3.25
INDHOTEL 416.6 6 3454118 143.9
JINDALPOLY 697.5 9.9 45400 3.17
MACPOWER 295.8 8.5 80373 2.38
NEOGEN 1731.8 8.6 40961 7.09
RAMCOIND 190.7 7.2 149213 2.85
RITES 504.9 5.8 1914091 96.64
SHAKTIPUMP 861.4 20 289308 24.92
SHARDAMOTR 992.1 12.7 43077 4.27
SPARC 249.8 8.6 1528380 38.18
STLTECH 165.8 8.7 1871918 31.04
TEAMLEASE 2434.1 4.2 25825 6.29
UFLEX 463.3 20 333473 15.45
VISAKAIND 94.7 8.2 475337 4.5

Note:
Now many stocks are showing up the in the list. Good bull market move happened. Many stocks that fell a lot after having risen a lot before that, are now finding foot. The market breadth of uptrend is growing. It is a good sign unless some negative event happens after which profit booking will make the market fall quickly. Otherwise it is a good ride.

Read the disclaimer before making any investment/trading decisions.

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