Let us review the performance of the stocks list posted based on 3rd September closing. We had a total of just 12 stocks in the list on that day. I will not post the same list again. That can be reviewed here.
company symbol buy price min price max price 10th day price target met % gain min. to 10th day % gain buy day to max. % gain buy day to 10th day
3IINFOTECH 3.55 3.55 3.85 3.55 1 0 8.5 0
ABCAPITAL 71.25 68.65 72.65 70.45 0 2.6 2 -1.1
APCL 161.95 161.95 203.5 197.5 1 22 25.7 22
BIRLAMONEY 41.3 39.2 42.7 39.85 0 1.7 3.4 -3.5
IDEA-1M 12.65 11.05 12.65 11.35 0 2.7 0 -10.3
INDORAMA 19.9 19.15 23 23 1 20.1 15.6 15.6
INTELLECT 191.65 185.3 215.65 215.65 1 16.4 12.5 12.5
JAMNAAUTO 44.6 43.95 50.1 49.1 1 11.7 12.3 10.1
KOTARISUG 15.65 14.85 16.8 16.3 1 9.8 7.3 4.2
MADHAV 26.2 23.45 30 27.95 1 19.2 14.5 6.7
PHILIPCARB 129.45 114.05 129.45 123 0 7.8 0 -5
PLASTIBLEN 210.95 194.2 210.95 198.4 0 2.2 0 -5.9
UNIENTER 67.9 63.5 69.3 69.3 0 9.1 2.1 2.1
VARROC 329 300.8 329 321.8 0 7 0 -2.2
Same table as a picture.
You can click on it to see in full size.
Analysis of Performance
Net gain on capital in scenario 1: 0.7% (gain)
Net gain on capital in scenario 2: 3.2% (gain)
Net gain on capital in scenario 3: 7.4% (gain)
Net gain on capital in scenario 4: 9.5% (gain)
For details of each scenario, you can go through the explanation given for 20th August list review.
Now that we got an idea of how the stocks showing up in the list are performing, there is no need to keep on reviewing performance for every list. Once a month performance review can be made. From that some further filtering may be made to select stocks for long term or medium term trading. I can continue posting the lists as a market statistic and to build stock watch lists. Meanwhile I can work any other way of getting stock lists or techniques for short term trading and post such lists as next good bets once a week or so.
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