Stock filter for 2 weeks time frame. No fundamentals involved this time. Only pure technical analysis to filter the list of stocks that could make some gain (% unspecified) in 7 days time.
I will review their performance with closing prices as 31-Aug (7 days) and 3-Sep (10 days). I have noticed 7 days is a good time for this type of filtering. And 10 days is round number to make the timeframe to two weeks.
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.
Today's short term selection list for short term study (2 weeks timeframe). Their performance will be reviewed after 3-Sep.
| scrip | % change | close price |
| ADVANIHOTR | 5 | 46.9 |
| ARCHIES | 4.5 | 12.7 |
| CARBORUNIV | 5.2 | 267.1 |
| CENTENKA | 14.7 | 192.3 |
| CESC | 4.6 | 633.8 |
| EIHAHOTELS | 4.4 | 276 |
| EXCELINDUS | 9.5 | 843.1 |
| GATI | 6.9 | 48.8 |
| GIPCL | 5.2 | 80.3 |
| INDRAMEDCO | 5.8 | 59.1 |
| ITDC | 9.6 | 255.1 |
| NIITLTD | 8.9 | 108.5 |
| ORIENTCEM | 3.8 | 71.5 |
| ORIENTELEC | 2.7 | 185.8 |
| POWERGRID-1M | 2.1 | 181.8 |
| PRECOT | 9.9 | 26.1 |
| SCHNEIDER | 5.6 | 83.8 |
| SIRCA | 2.8 | 236.4 |
| TCNSBRANDS | 8.6 | 383.1 |
| TTKPRESTIG | 4.3 | 5656.4 |
| UNITEDTEA | 4.6 | 311.9 |
Same table as a picture.
If you liked this post, you can check any of the Reaction boxes below. If you want to post any questions or share thoughts, feel free to add comments below.
Read the disclaimer on the right side of this blog (in desktop mode) before making any investment/trading decisions.
No comments:
Post a Comment