Weekend Stats - 2 Oct '23

Oct 02, 2023

Hello All,

The extended weekend is here, and so are your in-depth stats on the Indian stock markets. What stories did the numbers tell us this week? Let's find out. In case you are new here, the about page for our Newsletter is here !

How have the indices panned out this week?

**
1184 - BSE Enhanced Value Index
1186 - BSE Momentum Index
1180 - BSE 250Smallcap Index

Top 5 Indices this Week & this Month

Stocks Touching 10 year high !

Highest Volume Stocks with Good fundamentals :

These are stocks with their End of day BSE+NSE delivery volume trading 2 times of Avg Month NSE+BSE Delivery volume. This indicates

a surge in investor interest or trading activity.
increased volatility (Opportunity for Short term).
While higher trading volumes can present opportunities, they also carry risks, especially if the trading is driven by speculative or short-term factors which a normal retailer might not know.
Improved liquidity.

It's important to note that while increased delivery volume can be a sign of significant market interest, it does not guarantee that the stock will perform well in the future.

Traders and investors should consider various other factors, such as company fundamentals, market conditions, and their own investment objectives, before making decisions based solely on trading volume data.

Additionally, past performance is not indicative of future results, so thorough research and risk management are essential in any investment strategy.

`These are not recommendations to buy and sell !!`

Stocks At 52 Week High

Eris Lifesciences
Varun Bevarages
Sobha Ltd.
Larsen & Toubro Ltd.
ONGC
Coal India Ltd.

Stocks with estimated High Bullishness from Analysts

Sum of strong Buy and buy calls from analysts, so HDFC Bank has 36 ‘BUY’ calls while IndusInd Bank has 35 ‘BUY’ calls.

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ASIAN PAINTS - Good time to add on ?

Other leaders below 200 EMA. (Excluding Volatile stocks)

Near 52 Week Low

Gujarat Gas Ltd.
Vedanta Ltd.
TCNS Clothing
Tarsons Products
Kaira Can Company
Polyplex Corporation

Day losers more than 10%

Navin Fluorine
Shreyas Shipping & Logistics

Stock touched 10 year low

Tatva chintan

Stocks with estimated High Bearishness from Analysts

Sum of strong sell and sell calls from analysts, so Lupin has 17 ‘SELL’ calls while Shree Cements has 15

‘SELL’ calls.

5 Interesting Stocks

IOLCP

Likhitha Infrastructure

CE Infosystems

Syrma

Ujjivan SFB

The merger playing out !

Thanks for reading till now. I hope these 5-7 mins have added some value in your analysis.

There is a lot more to come, and I look forward ahead.
Will catch up next weekend !

Thanks,
Curious Investor

Disclaimer: The information provided in this article is for informational purposes only and should not be construed as investment advice. The analysis and insights presented are based on publicly available information, and while efforts have been made to ensure accuracy, we cannot guarantee the completeness or reliability of the information.

Investing in securities carries inherent risks. This post should not be relied upon as a substitute for independent research or consultation with a qualified financial advisor.

The author of this post and the platform on which it is published do not provide personalized investment recommendations or financial advisory services. Any investment or trading decisions you make based on the information provided in this post are solely at your own risk.

Neither the author nor the platform shall be held responsible or liable for any loss or damage arising directly or indirectly from the use of or reliance on the information contained in this post. Readers are encouraged to conduct their own due diligence and seek professional advice before making any investment decisions.

The Curious Investor