New stratergy series ,Weekly-intraday reversal strategy stock selection guide for 26 may.
In this staratergy,weekly gainers and losers are selected and traded.
Now let’s select the winners of previous week.
Top gainers
1 ITC. 13%.
2. Cipla. 12%
3. M&M. 11.8%
4 auropharma. 9.12%
5 united spirits 8.95%
6. PEL. 7.3%
7. Airtel 7%
8 IRCTC 7%
Top losers
1. IndusInd bank. -19.1
2. Bandhan bank. -16.7
3. Hindustan zinc. -14.2
4. Axis bank. -13
5. PFC. -11
6. ICICI pru. -11
7. ICICI bank. -10
8. Bajfinance -9.1
These are the stock to trade reversal tomorrow.Stratergy will be demonstrated.
Algorithm
Algorithm
- Go to NSE website or other sites like economic times or money control for weekly gainers and losers.
- Select large cap stocks only.
- Select 3-10 stocks depending on interest.
- Action decreases with lesser gainers or losers as it’s a reversal stratergy.
Note -only for educational purpose and not an investment advice.
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