Monday, September 7, 2020

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Stock Selection List Short Term Study (2 Weeks Timeframe) for 07-Sep-20


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.

Today's short term selection list for short term study (2 weeks timeframe). Their performance will be reviewed after 21-Sep.

company symbol  today's close price  % rise today
EUROTEXIND 9.7 4.9
WABCOINDIA 7268.3 5.4

Same table as a picture.

Again a small list. In this I remember the second one. I have decide to continue with these lists till I can figure out other better ways to get lists after doing some more back testing like I have posted yesterdayTill then we can continue this as a watchlist of trade list and observe the market.

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