Tuesday, October 17, 2023

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Stock Selection List from 16-Oct-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.
ADFFOODS 248.6 1.1 279751 6.95
ARIHANTSUP 201.3 9.6 125426 2.52
CAREERP 206.6 2.5 18407 0.38
DEEPAKFERT 681 5.2 806400 54.92
DHUNINV 819.8 9.7 2763 0.23
FACT 657.8 20 1797483 118.24
GATI 162.8 10.4 1102323 17.95
HOVS 57.5 5.5 35934 0.21
HUHTAMAKI 280.9 6.2 82221 2.31
ITDC 469.4 20 156530 7.35
JINDALPOLY 710.4 5 70350 5
JPOLYINVST 663.5 20 29084 1.93
KHAICHEM 70.3 10 258856 1.82
MADRASFERT 81.7 6.6 1092260 8.92
MITTAL 17.9 4.1 144618 0.26
NFL 78 7.4 5363425 41.83
SALZERELEC 417.8 9.3 162945 6.81
SOUTHWEST 139.7 7 19422 0.27
SREEL 287.1 19.1 43385 1.25
STARCEMENT 174.3 6.9 874250 15.24
STCINDIA 153.9 20 779818 12
TIIL 2237.4 9.4 37773 8.45
UNIVPHOTO 443.9 4.9 3274 0.15
VAKRANGEE 20.6 19.8 17047801 35.12
VENUSREM 272.9 20 31665 0.86

Note:
I realized, when reducing list by filter with avg. turnover of 2cr, the total count will be missed. I have mentioned earlier that the total count will become less than 10 for many days in a row during bad market times. Hence I am putting total list. But fundamental and some turnover filter is required to trade with decent capital. For SIP, it shouldn't matter as capital is spread out over time, lower daily volume doesn't matter.

Read the disclaimer before making any investment/trading decisions.

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