Keep an eye over the news. News make nice movement in stocks. Personally I open ET Markets around 8:50 AM. If you have their app you will get the push notifications. Like today I got this article – Fifteen stocks in focus on Friday, 21 October 2016 – The Economic Times
I quickly hover over my eye on it. I found two news too hot. The market will open at 9:15 AM. I saw the prices of these stocks. 50% increase is a huge thing. The stock is fundamentally awesome this says the stock will go up further but I am speculating a correction too.
The Zerodha Kite is crashed so here is a snap from the back office named Q. Did you find the news?
Biocon: Bangalore-based biotech major Biocon posted 52 per cent rise in net profit over last year for the second quarter ended September 30, led by growth in its small molecules, biologics and research services
I allocated my majority cash here and bought Biocon in the first 31 seconds.
I made 17.4K in 3 minutes. I mentioned about two news. Here is the other news.
Ashok Leyland: Hinduja flagship firm Ashok Leyland said it has bagged order worth USD 170 million (about ₹ 1,140 crore) from Tanzania to supply vehicles, genets and spares, among others.
Ashok Leyland move slow. I bought 100 shares and slept (as I work all night long on USA time zone mostly). It is in 40 INR profit. I will sell it tomorrow morning as the technicals of the stock marks it as a selling point. It is way above the Bollinger band and STOCH is not a good note.
