BANGALORE, India -
Oct. 7, 2024 -
PRLog -- Selecting the right stock from a sea of options is no small feat. That's where the power of
MarketSmith India (https://marketsmithindia.com/mstool/landing.jsp#/)'s ratings come into play. The ratings compile key factors like earnings, market capitalization, sponsorship, relative strength, as well as price and volume traits, and industry group performance. These elements together serve as a comprehensive report card for each stock.
These ratings aren't just time-savers;
they're decision-makers. They allow you to make choices based on facts and proven metrics, courtesy of the
CAN SLIM (https://marketsmithindia.com/
mstool/learning.jsp#/
msiLearning/
overview/canslimStory)
system. This system gives you a straightforward guide to what you should prioritize.
Keep in mind; the NSE and BSE have thousands of trading stocks. Your mission is to zero in on the top-performing stocks that can yield big returns.
We simplify this for you. Every week, we sift through these ratings objectively to bring you stocks with high growth potential.
How We Pick High-Potential Stocks for this WatchlistThe selection process involves a set of specific criteria. These include:
- Minimum Market Capitalization of INR 3,000 Cr. And Average Rupee Volume of INR 15 Cr.
- Stocks must be within 15% of its 52-week high, Master Score of >=60 and Price Strength of >=69
- An increase in institutional holdings over the previous two quarters and A/D Rating of at least 'B'
- A rising Master Score, Price Strength, and Group Rank as compared to 4 weeks ago
- A Return on Equity (ROE) greater than 10%
- Stock must be either FORMING a Base or within the Buy Range of the most recent Base breakout.
- For quicker updates join our WhatsApp channel - MarketSmith India WhatsApp Channel (https://www.whatsapp.com/channel/0029VaCNziUFy72FnOjHaO43)
What do you think? Please email (mailto:marketsmithindia@williamoneilindia.com?Subject=Mar...) us any questions or comments.
Disclaimer: Information contained herein is not and should not be construed as an offer, solicitation, or recommendation to buy or sell securities. It is for educational purposes only.For more information, see our Legal disclosures here (https://marketsmithindia.com/legalagreement).