Monday, August 5, 2024

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Stock Selection List from 05-Aug-24


The daily lists are 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.

Important note: No stock goes up a lot without first showing up in either of the two lists here. 

This day's primary list (dlist1):
company symbol today's close price % rise today avg volume avg. turnover in cr.
ARCHIDPLY 121.4 19.6 48407 0.59
CERA 9436.7 5.6 38569 36.4
DEVYANI 181.3 1.9 2793330 50.64
GLS 933.4 5.6 207132 19.33
MRO-TEK 84.7 5 18896 0.16

Only those with average turnover > 2cr:
company symbol today's close price % rise today avg volume avg. turnover in cr.
CERA 9436.7 5.6 38569 36.4
DEVYANI 181.3 1.9 2793330 50.64
GLS 933.4 5.6 207132 19.33

Second list (dlist2):
company symbol today's close price % rise today avg volume avg. turnover in cr.
INDIAVIX 20.4 42.2 143555 0.29
INSECTICID 801.1 5.5 100842 8.08
MBECL 5.2 4.9 225950 0.12
NKIND 61.7 4.8 4175 0.03
PURVA 495.9 2.3 140149 6.95
RBMINFRA 580.6 7.1 23180 1.35
REGENCERAM 51.8 2 5556 0.03
SDL24BEES 123.8 0.4 35231 0.44
WEBELSOLAR 636.3 5 126905 8.07

Note:
Markets fell terribly bad today after quite sometime. This global selloff came all of a sudden. It happens like that. For other events, they come announced and we can do something before them. But for these we cannot prepare well. The US, the UK, France asked their citizens to leave Lebanon using 'any ticket available'. So there is conflict news which lead to immediate sell-offs.

Read the disclaimer before making any investment/trading decisions.

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