Stock Selection List from 25-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.

KAMATHOTEL 221.9 19.2 55914 1.24

SALONA 310.3 16.7 4296 0.13

Only those with average turnover > 2cr:

None

Second list (dlist2):

company symbol today's close price % rise today avg volume avg. turnover in cr.

AUSOMENT 155.4 5.1 77854 1.21

GANESHHOUC 992.4 1.6 173555 17.22

HCLTECH 1852.3 0.4 2735832 506.76

Note:

Again a big fall day today but not as bad as the last week one. Looking back at the nature of these lists, there are obviously more than 10 stocks on a normal day. When it is less than 10, market is in bad shape, as I noted earlier from 2020. So selecting stocks from this is rather tedious amongst many. But observing the potential of some of these, if we have a watchlist built or portfolio holding, it makes it easier to focus on stocks that show up once in these lists. Because before the big movements they show up once. Some stocks do show up and not go much further, owing to their challenges. So this does help to demarcate these two types of stocks in hour holdings over time. Which helps to keep the winners and remove the losers as is said by any successful investor. I am using the idea to watch the moving ones so as not to focus on non-moving ones. Because focusing on non-moving ones leads to frustration. But the watching can be done ultimately for managing both the stocks. But some timebound expectation and observation of their business growth prospects should help to remove lagging stocks that do not perform.

Read the disclaimer before making any investment/trading decisions.