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.
| company symbol | % rise today | today's close price |
| HERITGFOOD | 5.3 | 361.6 |
| NETF | 0.8 | 116.9 |
| TIPSINDLTD | 3 | 188.7 |
Same table as a picture.
Today NIFTY had a gap up opening, touched almost 11800 level and kept falling throughout the day. As shown on the hourly chart below, it fell every single hour today and that too faster as it kept falling. It reversed 7 days of gains in one day today (including the more than 120 point gain at the open today).
This is not something we can prepare. If we do we would miss the past days of gains. Probably many more prior days or months too.
This is not something we can prepare. If we do we would miss the past days of gains. Probably many more prior days or months too.
But with our own statistic from the list, we get the idea as the count today is only 2 stocks (ignoring ETF). I noticed INDTERRAIN was up >6% in the morning but went to negative at some point and finally held about half the gains. IDEA too did the same. Due to the news of Reliance Future group deal, FRetail was at UC. It showed up in Thursday's list. It was at 130 then. It is at 162 and UC today. It will go up more due to share-swaps announced. As per that it might either reach 200 by itself or the FEL (future enterprises) might fall from 20 to 16. Where-ever they converge. But missed to see the news when there was chance. The news came up on 19th August itself. On 19th August Heritage Food also showed up at 370 (I started the list blogs from 20th August). It pulled back and rose by 5% today and showed up in the list again.
Today many stocks fell like a pack of cards. Except two stocks all were in red in Nifty. Midcap and Small cap indices were down in the morning while NIFTY was still in green. My portfolio followed same route. I sold off LICHSGFIN while I could. Now may not be the time to look for short term trades. If nifty doesn't fall persistently for next few days we will continue to see more stocks showing up in lists. The major news today seems to be India-China border tensions. As it is a first fall after several days of rise, it could find support. But if the falls happen in such a way that the lows keep getting broken day after day, then the sentiment turns negative and much worse falls happen soon after that. At that time we won't get stocks in the list for several consecutive days.
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