Monday, September 25, 2023

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Stock Selection List from 25-Sep-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.
BALRAMCHIN 440.3 6.3 2542596 111.95
IBREALEST 85.7 9.3 16070888 137.73
IMFA 427.4 9.4 238663 10.2
IRB 32.1 7.7 22741959 73
KMSUGAR 37.1 10.3 985887 3.66
LIKHITHA 329 7.1 308677 10.16
SCHNEIDER 357.1 2.6 1141228 40.75
WONDERLA 687.7 8.2 144697 9.95

Note:
Today 18 stocks showed up in the list. The broader market was up in the morning. My pf almost recovered though small cap index is nearer to where it was on 12th when it fell huge that day. There isn't major negativity in the market which can be expected in the beginning of downtrend. Or it just keep going up and down while some stocks here and there move up a lot. In the last case, those will show up here. Hence I have used avg turnover > 2cr filter for the list.

Read the disclaimer before making any investment/trading decisions.

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