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 20 stocks showing up.
company symbol today's close price % rise today avg volume
ABB 929.5 4.6 187871
AMJLAND 21.4 8.4 27267
APCOTEXIND 165.2 11 203616
ELECTCAST 22.2 15.6 1744795
EMAMILTD 370.3 3 469461
EMKAY 62.8 6.7 23109
FINPIPE 553.7 4 67277
GUFICBIO 96.8 6.3 244776
IPCALAB 2362.1 11.2 300501
LGBBROSLTD 265.3 6.6 91956
MANGLMCEM 203.6 3.6 70890
ONEPOINT 13.3 9.9 15187
OPTOCIRCUI 6 4.3 881442
PTL 40.7 11.5 51023
RATNAMANI 1289.5 1.9 18704
SHALPAINTS 73 5.3 173957
SUNDARMFIN 1441.5 4.9 77799
SUPREMEIND 1476.8 3.8 78886
THERMAX 782.8 3.8 71370
VINYLINDIA 106.7 6.2 226077
Same table as a picture.
In the secondary list we got 52 stocks.
company symbol today's close price % rise today avg volume
ADANIGREEN 739.9 5 1720358
ADANIPORTS 364.4 0.2 4563365
AMARAJABAT 786.8 3.5 888182
ASHOKLEY 81.8 3.9 50583626
ASIANPAINT 2197.8 5.6 2513953
ATFL 743.5 2.4 24636
BANKBEES 248.5 2.5 930595
BANKNIFTY 24769.5 2.9 56111
BSELINFRA 1.2 9.1 121792
BSLNIFTY 130.9 0.7 5557
BURNPUR 1.5 3.4 45783
CHEMFAB 143.7 2.6 10235
CNXMNC 14336.1 1.7 56111
COLPAL 1542.6 5.8 717035
CONCOR 397.2 3.2 2060981
CONSOFINVT 35.5 0.7 4780
DAAWAT 56 4.2 1156986
HDFCBANK 1233.1 1.8 11544650
HIL 1765.8 0.7 24163
HITECH 126.8 5.1 17022
ICICIBANKN 246.7 2.8 14320
ICICILOVOL 100.5 1.3 86644
ICICISENSX 437 0.9 1555
IGL 409.2 4.1 3641225
JKLAKSHMI 288.1 1.6 306513
JSL 57.4 5.6 1186823
KAKATCEM 159.6 1.4 16540
KAMDHENU 76.8 0.1 20833
KCP 67.3 1.1 508980
KOTAKBKETF 249.5 2.5 310132
KPRMILL 676.4 0.4 66476
L&TFH 66.5 1.8 12962100
LAKPRE 4.7 4.5 809
LGBFORGE 2.7 8 37093
LTTS 1754.5 0.2 214565
MARUTI 7158.4 1.5 1110628
MUTHOOTFIN 1250.1 5.5 2193172
NESTLEIND 17229.8 6 126573
NIFTYBEES 126.8 0.8 1623914
NIITLTD 142.3 3.4 1492837
NTPC 89.5 4.1 30786794
PIIND 2141.8 2.1 297420
PITTIENG 33.4 0.8 245613
PNCINFRA 171.9 1.9 289706
SAKAR 86.6 2.5 33089
SANGHIIND 30.8 14.7 1398340
SETFNIFBK 246.1 2.4 161751
SHREECEM 21734.3 6.4 67524
SMPL 0.3 25 22174
SRTRANSFIN 737.1 6.8 4387958
TATACOFFEE 109.6 1.1 875364
TIINDIA 649.4 4.3 175697
Same table as a picture.
Good stocks from the first list:
APCOTEXIND
THERMAX
SUPREMEIND
FINPIPE
EMAMILTD
IPCALAB
LGBBROSLTD
Commentary:
Today NIFTY had good uptrend through the day. As I said yesterday, i bought Vguard today. I also bought Cybertech which pulled back a great deal from the highs and showed up in 7-Oct list. It went to touch 100 and pulled back to below 20 day moving average level. Usually pullbacks stop there.
Today we have many good stocks showing up in the list. It means the market picks up good stocks when there is uncertainty. Money rotates from sector to sector and from stock to stock. When there is uncertainty and fear, good stocks do not fall much as they get support. In a bad downtrend, they do fall and quickly recover.
I also bought Redignton yesterday seeing it had fallen to 20 day MA level. Sold it today for little gain before it gave up those gains by the closing time. Day before yesterday I bought GPPL and sold it today for little gain. I did this to clear capital for buying cybertech and vguard. As learned from earlier posts, buying these stocks on pullback is good. Buying near to MA levels is a systematic way instead of some random entry point.
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