2017’s Top Method For Finding Stocks For Tomorrow’s Trade
Friends in this post I will discuss how to find stocks for tomorrow’s trade in the easiest way. This method does not require any charts. No technical knowledge required, no fundamental analysis is necessary. You can find blasting stocks for tomorrow’s trade within as low as 5 minutes time.
First go to google.co.in and search for NSE bulk deals. It will show you results and the following the correct result of NSE official site you can reach the NSE bulk deal page. The bulk deal page updates everyday after 6PM or 7PM so please visit this page in the evening only.
Once you visit the page you will see the drop down menu shows you bulk deals, block deals and short selling. We will only consider the bulk deals. So now we will click on get data and it will show us results of bulk deals happened in the last 1 day.
Now in the result we will only consider the bulk deals done by FIIs OR Mutual Funds. We will ignore all domestic investors OR brokers. Let us look at today’s data below:
We can clearly see the only Momai Apparels Ltd stock was bought by DSP Merill Lynch Mutual Fund at a price of 118 for 6,99,200 quantity. There was another stock that was PI Industries Ltd that was bought by Axis MF but the same quantity stock has been sold by the MF again deleting this stock from our list. Remember we will consider BUY stocks for our criteria and SELL stocks will be ignored.
So Momai Apparels Ltd stock is our bet for tomorrow or next few days. Lets now check the entry exit conditions:
Enter next trading day at the open price OR close to the bulk deal price.
Keep a stop loss in fixed percentage (say 2.5%)
Keep a target in fixed percentage (say 5%-10%)
The trade is valid only for next day OR next few days
You can try this technique in live trades from now on. If you have any questions regarding this trade setup do not hesitate to comment your question below the post.
Indrajit is a professional blogger and Trading System developer, Amibroker expert, Wordpress expert, SEO expert and Stock market analyst. Trading since 2000, he has started the journey of StockManiacs.net on 2008. He follows Indian and world stock markets closely.