Wednesday, November 24, 2021

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Stock Selection List from 23-Nov-21


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 (120%), Somanycera (200%), Adanigas (350%), CGCL (150%), Saregama (300%), Prajind (300%), 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.

Important note: No stock goes up a lot without showing up in either of the first two lists here. Similarly no stock goes into downtrend without showing up in the third list here.

This day's primary list:
company symbol today's close price % rise today avg volume avg. turnover in cr.
ELGIEQUIP 230.5 8.4 341219 7.87
GSS 96.2 20 212724 2.05
INNOVANA 192.5 4.3 22720 0.44
LOVABLE 159 18.6 201351 3.2
NEOGEN 1398 8.2 148382 20.74
SINTERCOM 92 11.5 21761 0.2
TCNSBRANDS 910.9 12.6 136078 12.4
VEDL 354.6 8 22872191 811.05

The second list:
company symbol today's close price % rise today avg volume avg. turnover in cr.
ACCURACY 194.8 6.7 91766 1.79
ADANIENT 1708 1.9 3116225 532.25
ADANITRANS 1954.6 2.1 429994 84.05
ADSL 120.9 10 624462 7.55
AHLUCONT 432.3 4 116225 5.02
ALLCARGO 357 5.7 1480707 52.86
APTECHT 388.7 9.3 564675 21.95
ARROWGREEN 136 8.1 27802 0.38
BSL 97.8 5 43494 0.43
CGPOWER 155 1 1883299 29.19
CHALET 274.8 8.8 1033459 28.4
DANGEE 208.7 4.3 5841 0.12
DCAL 234.6 6.1 1344406 31.54
EKC 139.3 5 395123 5.5
GANESHHOUC 221.7 3.1 131687 2.92
GANGAFORGE 17.7 2.9 1233889 2.18
GOKEX 259.1 4.7 297395 7.71
GREAVESCOT 155.9 7.4 2234461 34.84
HITECHCORP 249.9 7 25417 0.64
INDIAVIX 18 2.9 72982 0.13
KDDL 648.8 4.8 41514 2.69
KOPRAN 240.8 5 160515 3.87
MANINFRA 95 3.1 3364215 31.96
MIRZAINT 87.8 8.4 1515228 13.3
NIITLTD 391.6 3.7 1324675 51.87
OPTIEMUS 357.9 5 128629 4.6
ORICONENT 32.3 2.9 165525 0.53
PAGEIND 40269.4 2 30207 121.64
PGIL 396.5 14.2 33704 1.34
PITTIENG 205.4 4 202199 4.15
POWERGRID 201.8 3.9 11185562 225.72
POWERINDIA 2607.2 3.4 51576 13.45
PRECAM 128.6 20 514759 6.62
ROHITFERRO 17.2 4.9 78935 0.14
SCI 138.8 0.8 3575087 49.62
SECURCRED 29.5 5 2160 0.01
SKFINDIA 3808.1 1.4 80394 30.61
SPAL 389.7 5.6 95053 3.7
SUTLEJTEX 83.8 12 543070 4.55
TATAMTRDVR 282.1 4.9 9393149 264.98
TDPOWERSYS 400.4 7.5 68359 2.74
TIMKEN 1935.2 1.5 79645 15.41
VESUVIUS 1220.6 1.5 14895 1.82
WABCOINDIA 8228.5 3.5 12749 10.49
WENDT 4958.8 5.5 1823 0.9
XPROINDIA 730 4.6 88025 6.43

The third list:
company symbol today's close price % rise today avg volume avg. turnover in cr.
ADROITINFO 10.1 -3.8 21937 0.02
AIAENG 1857.3 -1.1 72167 13.4
AIRAN 19.4 -4.7 77284 0.15
ASTRAZEN 2981.1 -0.7 15080 4.5
DAMODARIND 42.4 -1.9 17346 0.07
EASUNREYRL 2.5 -3.8 10806 0
GICHSGFIN 152.2 -0.4 321397 4.89
GLOBAL 41.6 -2.1 8533 0.04
HERITGFOOD 460.3 -3 205547 9.46
HMT 27.7 -0.9 6997 0.02
ICICIPRULI 616.3 -0.7 1190825 73.39
IIFLWAM 1522.8 -0.3 65972 10.05
KOTAKGOLD 41.7 -2.1 547375 2.28
LICNETFSEN 625.4 -0.8 297 0.02
LYPSAGEMS 4.5 -3.3 49229 0.02
NAVNETEDUL 103.9 -0.7 437029 4.54
TEXINFRA 55.8 -1.8 48967 0.27
TGBHOTELS 9.1 -1.6 57542 0.05
TIRUPATIFL 10.4 -4.1 239199 0.25
TOKYOPLAST 96.1 -1.7 19752 0.19
VISASTEEL 13.4 -3.9 283001 0.38

Note: Here today refers to the date of the list.

Good stocks from today's list:
TCNSBRANDS
ELGIEQUIP

Big % potential stocks (but risky): 
NEOGEN
TCNSBRANDS
VEDL

Commentary:
Don't worry if you had missed today's bounce. Short covering bounces don't mean end of the downtrend. It means the pace of downtrend is slow and could be prolonged without too much pain. Whenever we reach previous low, big % fall day happens. For that to happen a little rise happens before that, usually in next 10 days. Real end of trend can be considered when bounce/recovery happens after panic sales. Because if institutional investors don't step in near panic sale times, it would spiral out of control. Till then they wait on sidelines.

However our DIIs are not as momentum type as FIIs. So they turned buyers already. This makes market more trapping type. However if the market were to be stable, we will see more than 10 stocks in our first list here. That gives good opportunities to trade. If not, we will avoid traps. So don't be confused by sharp bounces after a big fall day after a series of falling days. Follow the market. If sentiment changes, we will have opportunities getting filtered into our lists.

Read the disclaimer before making any investment/trading decisions.

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