Intraday stock selection

Discussion in 'Advanced Trading Strategies' started by vagar11, May 10, 2016.

  1. vagar11

    vagar11 Well-Known Member

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    I will be posting here the stocks(CNX 100 stocks only) with their volume change. The idea has been shared by tombstone. I am comparing 5 days SMA with 50 days SMA.

    Below is the today's list.

    SUNDARMFIN change is 0%
    RELCAPITAL change is 2%
    SAIL change is 6%
    VEDL change is 6%
    ICICIBANK change is 10%
    EICHERMOT change is 11%
    YESBANK change is 11%
    SUNPHARMA change is 12%
    GAIL change is 16%
    DABUR change is 17%
    TATAMOTORS change is 18%
    OIL change is 19%
    TITAN change is 37%
    HCLTECH change is 41%
    SIEMENS change is 51%
    MCDOWELL-N change is 53%
    MRF change is 63%
    PETRONET change is 71%
    UPL change is 71%
    FEDERALBNK change is 76%
    SRTRANSFIN change is 90%
    UBL change is 107%
    BAJAJHLDNG change is 117%
    ADANIPORTS change is 219%
     
    Last edited: May 10, 2016
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  2. LoneWolf

    LoneWolf Well-Known Member

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    here is the respective change in %age at today's close

    Code:
    SUNDARMFIN change is 0% 			+0.58%
    RELCAPITAL change is 2%				-0.06%
    SAIL change is 6%				-1.28%
    VEDL change is 6%				-2.99%
    ICICIBANK change is 10%				+0.11%
    EICHERMOT change is 11%				-1.21%
    YESBANK change is 11%				+0.51%
    SUNPHARMA change is 12%				-0.38%
    GAIL change is 16%				+1.33%
    DABUR change is 17%				+0.92%
    TATAMOTORS change is 18%			-3.32%
    OIL change is 19%				-1.64%
    TITAN change is 37%				+1.57%
    HCLTECH change is 41%				-0.53%
    SIEMENS change is 51%				-0.71%
    MCDOWELL-N change is 53%			+1.90%
    MRF change is 63%				-1.10%
    PETRONET change is 71%				-0.77%
    UPL change is 71%				+1.60%
    FEDERALBNK change is 76%			-0.51%
    SRTRANSFIN change is 90%			+1.34%
    UBL change is 107%				-1.87%
    BAJAJHLDNG change is 117%			+4.73%
    ADANIPORTS change is 219%			-0.94%
    
    By the not everyone from NIFTY 50, Few NIFTY Midcap and Next50stocks are included too.

    From NIFTY50, TATAMOTORS and from NIFTY Next 50, VEDL are worth watching..
     
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  3. vagar11

    vagar11 Well-Known Member

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    We can trade on the last two stocks as they had the largest volume. I will trade it this way by using a naive approach. Please suggest if we can make better entries and exits.
    [​IMG]

    One better approach would be not to take the first long as the previous day high was very close and one could long once PDH was broken.
     
    Last edited: May 10, 2016
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  4. vagar11

    vagar11 Well-Known Member

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    Looks like comparing 50 day SMA with 5 SMA is not reliable. I compared 30 day SMA with previous day SMA.

    KOTAKBANK change is 1%
    APOLLOHOSP change is 5%
    AXISBANK change is 8%
    RELINFRA change is 9%
    LT change is 10%
    HDFCBANK change is 11%
    TATAMOTORS change is 12%
    AMBUJACEM change is 15%
    DRREDDY change is 15%
    YESBANK change is 20%
    GODREJCP change is 27%
    INDUSINDBK change is 28%
    OIL change is 29%
    GAIL change is 33%
    BRITANNIA change is 35%
    HCLTECH change is 40%
    GRASIM change is 45%
    NTPC change is 45%
    UBL change is 52%
    ASIANPAINT change is 59%
    RELCAPITAL change is 60%
    ADANIPORTS change is 81%
    HINDUNILVR change is 145%
    SIEMENS change is 188%
    TITAN change is 218%
    BAJAJHLDNG change is 700%
     
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  5. LoneWolf

    LoneWolf Well-Known Member

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    Ok i did not know this criteria of choosing the one with highest volume activity.
    By the way have you really traded BAJAJ-Holding in realtime in cash market. The charts-volume does not appear to be liquid enough.. :confused::confused:
    I will worry about the order filling and sudden spikes
     
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  6. vagar11

    vagar11 Well-Known Member

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    No, I didn't trade it. Looks like this strategy of 50 day SMA with 5 SMA is not good. 30 day volume SMA with current SMA looks ok.

    Is there any quick/easy way to look for the change in price in selective stocks that I mentioned?
     
    Last edited: May 10, 2016

  7. LoneWolf

    LoneWolf Well-Known Member

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    May be we need to apply some additional filter after stocks are being filtered through volume. The 2nd level filter could be some Price action filter,
     
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  8. LoneWolf

    LoneWolf Well-Known Member

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    Ok let me try to understand it..

    Only those stocks are being filtered where on daily chart -

    5 SMA (volume) [Current Day] > 30 SMA (Volume) [Prev Day]

    Am I right ?
     
    Last edited: May 10, 2016
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  9. vagar11

    vagar11 Well-Known Member

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    Sorry for the confusion.

    I was using 2 strategies for volume spikes.
    1. Average volume of the last 50 days comparison with Average volume of last 5 days. But, it doesn't look good.

    2. Average volume of last 30 days comparison with volume of current day at the end. - This one gave us Bajaj Holding and other stocks also had a good movement.

    We will see if this works otherwise we will move on to other methods for finding trending stocks.

    Few things that are in mind.

    1. We can use the following link at 10:00 and then trade on the top 2 stocks.
    https://www1.nseindia.com/live_market/dynaContent/live_analysis/most_active_securities.htm

    2. We can look at the index at 10:00. We will find which index has highest gain and then select any one of the top three stocks from that index which has liquidity.
    https://www1.nseindia.com/live_market/dynaContent/live_watch/live_index_watch.htm

    and, at 10:00, we will find the index which is most negative and select any of the bottom three stocks from that index which has high liquidity.

    For, finding the stocks from index, we can use the following link.
    https://www1.nseindia.com/live_market/dynaContent/live_watch/equities_stock_watch.htm
     
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  10. LoneWolf

    LoneWolf Well-Known Member

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    Yes, lets test these concepts in live for few days and note down the key points. May be something will strike..

    By the way, do you have any exploration code for filtering the stocks by checking volume spike ? Or is it being done manually..
     
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