Monday, October 7, 2024

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Stock Selection List from 07-Oct-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.
APTUS 369.8 2.9 999176 36.95
ASTRAZEN 7845.6 5.5 106893 83.86
BRIGADE 1378.8 0.6 507019 69.91
HDFCNIF100 28.4 5.5 62134 0.18
LEXUS 46.8 6.2 102637 0.48
PALREDTEC 126 6.1 71296 0.9
PAVNAIND 500.7 1.6 44412 2.22
S&SPOWER 432.3 3.2 2879 0.12
TAINWALCHM 251.3 20 6688 0.17

Only those with average turnover > 2cr:
company symbol today's close price % rise today avg volume avg. turnover in cr.
APTUS 369.8 2.9 999176 36.95
ASTRAZEN 7845.6 5.5 106893 83.86
BRIGADE 1378.8 0.6 507019 69.91
PAVNAIND 500.7 1.6 44412 2.22

Second list (dlist2):
company symbol today's close price % rise today avg volume avg. turnover in cr.
AIROLAM 140.7 4.1 19763 0.28
APTUS 369.8 2.9 999176 36.95
BRIGADE 1378.8 0.6 507019 69.91
HDFCNIF100 28.4 5.5 62134 0.18
LEXUS 46.8 6.2 102637 0.48
RCOM 2.4 4.9 5799832 1.39
RKEC 132.4 5 56033 0.74
S&SPOWER 432.3 3.2 2879 0.12
SKYGOLD 2798.7 3.4 39901 11.17

Note:
Finally the market gave in to the selling pressure. For the last few days nifty, mid and small cap indices kept falling by same %. But today broader market fell the most and nifty fell the least. Suddenly it appears that people are expecting more fall ahead. The China stimulus could have happened at any time. It was clear that the last one year's strong growth here was due to bad luck in Chinese economy. We could expect that once it gets better our companies quarterly results will get affected, which pulls down the stock prices. It is more worrisome than the middle east war which could lead to raise in rates due to rise in oil prices. The latter prospect less probable. Hence we need to focus on relative gainer stocks.

Read the disclaimer before making any investment/trading decisions.

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