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. As proven time and again, these also help finding stocks early on before they take off. Some examples of that are Justdial (50%), Somanycera (40%), Adanigas (90%), CGCL (20%), etc.
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 to partially sell the stocks.
The third list is to catch good stocks when they are falling. But it can be risky. So some fundamental screening is mandatorily required, otherwise they may not give second chance to exit, unlike the first list. If you already know some good stocks and they show up in the third list, it could be good opportunity to accumulate them.
This day's primary list:
company symbol today's close price % rise today avg volume
AYMSYNTEX 53 4.8 27745
CORALFINAC 25.3 9.1 34511
IIFLSEC 56.4 20 1020015
KOTAKBKETF 367 3.7 197886
NBVENTURES 65.7 11.7 1537425
RELIGARE 85.2 19.3 738726
SETFNIFBK 363.4 3.6 110157
SUPPETRO 401.6 3.1 109211
TOUCHWOOD 96 3.2 12206
TVSELECT 144.2 10 74045
The second list:
company symbol today's close price % rise today avg volume
ABB 1570.8 6.1 213035
ABFRL 179.3 6.4 2902279
ABSLBANETF 361 3.7 1221
APLAPOLLO 1014.5 4.1 418850
ASHOKA 114.1 4.2 1854586
AUTOAXLES 1179.1 2.8 31127
AXISNIFTY 160.9 3 7750
BAJAJFINSV 10199.6 1.9 686127
BANKBEES 366.9 3.7 943560
BANKNIFTY 36452.3 3.8 71911
BHEL 43 5.5 61249941
COALINDIA 144.4 5.5 16204130
COMPINFO 16.3 2.8 450886
CUBEXTUB 18 7.1 8398
DCMNVL 71 2.8 35177
DECCANCE 407.3 0.9 78861
DLF 313.2 2.6 21337096
DLINKINDIA 118.3 3.6 397325
ELECON 55.2 7.6 802558
FEDERALBNK 84.7 4.2 32119495
GREENLAM 938.2 2.5 15111
GRINDWELL 864.3 5.2 69106
GSFC 81.3 3.9 1612069
HAL 1064.2 3.3 748806
HDFCBANK 1606.5 5.1 9820197
HSIL 180.8 4.5 346823
ICICIBANK 641.1 4 24083864
ICICIBANKN 362.4 3.8 42780
ICICIBANKP 191.2 3.8 57335
INDSWFTLAB 79.2 3.7 153182
INDUSINDBK 1070 2.1 12275788
INFOBEAN 158.4 4.6 30720
IRCTC 1675.5 2.6 1995105
IVZINNIFTY 1894 19.2 39
JCHAC 2609.4 5 29519
JINDRILL 94 5 27493
JKTYRE 127.4 2.2 7823311
JPASSOCIAT 7.7 4.8 13036196
KERNEX 28.6 4.9 11729
KPITTECH 142.1 3.5 1370674
KSB 696.7 5.6 30691
KTKBANK 70.8 6.4 4478523
L&TFH 103.1 4.4 19966161
LIX15 3804.5 2.3 71911
LUXIND 1790.2 4.1 48570
M50 149.8 4.8 3117
MADHUCON 5.8 6.4 46313
MIRCELECTR 14.3 3.2 718271
MOLDTKPAC 382.9 1.5 77028
MRO-TEK 35.9 5 8554
MUTHOOTFIN 1293.5 0.5 1978988
NPBET 194 6.3 822
NRAIL 245.9 5.2 50100
ONWARDTEC 106 5.8 289963
PCJEWELLER 30.4 0.7 4366082
PILITA 14.2 1.4 401120
PNB 41.8 2 176669350
RUPA 326.6 6.4 278437
SANOFI 8154.2 2.3 26735
SESHAPAPER 155.3 2.7 71905
SIS 436.9 1.2 199860
SMARTLINK 93.7 1.6 34685
STARPAPER 120.8 3.4 254261
TDPOWERSYS 159.4 1.3 123507
TEAMLEASE 3321.7 7.2 33226
TNPL 131.2 2.3 305206
TVTODAY 268.6 1.9 159138
UCOBANK 14.4 3.2 7978956
UTTAMSUGAR 101 1.7 115578
The third list:
company symbol today's close price % rise today avg volume
AKZOINDIA 2149.8 -1.2 25634
ARCHIES 12.1 -1.6 77083
ARSSINFRA 22.4 -0.7 39114
BALAXI 549.8 -2.5 3542
BPL 20.7 -0.5 90113
BSLGOLDETF 4270.1 -0.8 377
CALSOFT 8.9 -0.6 49934
CARERATING 473.4 -0.7 205368
EDUCOMP 3 -3.3 82106
ENERGYDEV 10 -1.5 91703
FEL 10.4 -3.7 1578816
FINEORG 2325.1 -1.6 30901
GEOJITFSL 51.3 -2.9 464750
GTPL 123 -0.4 243208
HDIL 5.5 -0.9 579818
IDBIGOLD 4345 -0.4 201
INTENTECH 35.5 -1.9 77222
IRB 105.9 -0.6 897043
KAMATHOTEL 34 -0.1 84507
METROPOLIS 1959.9 -0.7 107964
PGHL 6864.6 -1.5 15455
PITTIENG 59.4 -0.8 276538
RBL 758 -1.2 17631
SAKAR 91.1 -4 58216
SKIL 3.1 -3.1 252517
SURANASOL 8.7 -1.1 120041
TVVISION 1.8 -2.8 15114
ZODJRDMKJ 26.6 -1.5 3552
Note: Here today refers to the date of the list.
Further good stocks from the primary list will be posted in telegram channel. Join telegram channel to keep track of updates.
Commentary:
Today NSE got stuck from 10.30am. The open orders got cancelled from 11.43am. I did not observe the markets during the day as I am passive trader. These are those rare days that ruin the fun of day trading and ultra short term trading who do it full time leaving their jobs. I have seen rare but sure big problems happening now and then that affect the trading. Hence I don't see the point of trading full time and observing the markets all the time. Though it is good to learn trading full time, few rare events can push you back. It can be frustrating to lose the gains made over several weeks or months.
Moreover not everyone can become good traders. Trading is mostly about making good decisions with limited information. People who are good in engineering can struggle at this as they are trained to focus deep in their work which becomes counterintuitive for trading. Those who do not go deep into their work but can actively track multiple things, manage distractions and get things done even superficially, but most importantly good decision makes without developing attachment to results, can excel in day trading.
Anyone can learn to trade in any style. But one needs to take challenges bit by bit. Don't take hard challenges. Take a small challenge, then learn and improve. Then take the next small challenge. It takes time and commitment but definitely progress is guaranteed this way. Otherwise one will trade for few months with excitement and then lose interest out of frustration.
Coming to the market, there are two ways. It could continue rising from here. Or after few days of rise, fall with more intensity till end of March. There is no major trigger otherwise. Still it is good to accumulate. Because by now we know that Coronavirus is not a problem that stops everything. Just a little problem of worldwide level. Its waves will cause markets to fall and rise. Each time the stocks that rise the most can be different. With good trading strategy, one can make atleast some gains.
Read the disclaimer before making any investment/trading decisions.
No comments:
Post a Comment