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.
The first 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.
The second list is good for finding stocks that you are already holding or familiar with to hold for some more time and exit partially after a big single day rise. A stock shows up repeatedly in second list to give you chances to prepare partially unload the stocks.
Today's primary list has 11 stocks showing up.
company symbol today's close price % rise today avg volume
AROGRANITE 27.9 11 21596
ASTRAZEN 4371.9 3.1 106573
BANCOINDIA 95.5 2.6 184369
GANECOS 272.1 4.9 34650
MOLDTECH 47.5 19.9 83731
PFOCUS 41 8.6 67982
TALBROAUTO 131.9 12 68583
TERASOFT 30.8 13.2 34785
TEXMOPIPES 16.7 8.4 85762
TTL 37.5 7 8907
VGUARD 171.8 4.4 856667
Same table as a picture.
In the secondary list we got 23 stocks.
company symbol today's close price % rise today avg volume
BAJAJCON 192.3 3.1 678526
BEDMUTHA 19.8 4.2 10272
DCMNVL 27.4 1.5 14266
DHUNINV 238.2 4.3 3290
DVL 59.9 4.2 9474
FSL 74.8 1.9 3878833
GILLANDERS 31.6 9 5641
GREENPOWER 2 7.9 1018388
HEXATRADEX 29.7 4.2 31774
KOTAKBANK 1416.9 2.4 4073009
MAHLOG 359.1 0.6 106665
NITINSPIN 44 5.4 72696
POWERGRID 172.1 1.1 10210448
RAMASTEEL 43.7 1.5 7929
RHFL 2 7.9 1243706
SAREGAMA 605.6 3.2 31958
SEPOWER 2.5 4.2 11753
SHIVAMAUTO 18.9 3.6 96363
SNOWMAN 39 6.1 666973
SUBROS 264.6 3 91117
TATACOMM 965 5 136929
WANBURY 37.4 3.8 16651
ZYDUSWELL 1895.6 2.4 52638
Same table as a picture.
Good stocks from the first list:
The only best stock from the first list is VGUARD. I will buy it at the open tomorrow morning. As the market fell today, as per the learning from the past posts on these lists, the stocks showing up on days like this give best gains. As they also lead to very less number of stocks, I will list good stocks from the second lists as well.
Astrazen is also a good stock as it has investor interest and it trends well. But sometimes it falls a lot even in good market.
Good stocks from the second list:
MAHLOG
ZYDUSWELL
TATACOMM
KOTAKBANK
FSL
POWERGRID
BAJAJCON
SAREGAMA
Commentary:
I wouldn't advice anyone going for Kotakbank as bank stocks have the potential to go bankrupt anytime. They can make steady returns for decades and close the business in one year.
In Friday's post, I talked about Shredigcem again. Today it went up 8% at one point. Finding stocks with investor interest and swing trading them on pullbacks is the best strategy in all market scenarios. But finding such stocks takes time as we need to observe stocks for few months. So our list of such stocks grows steadily over months.
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