Hi guys!
Just curious what is the significance of top gainers / losers?
https://www.nseindia.com/market-data/top-gainers-loosers
The list gets refreshed twice every minute with a lag of 1-2 mins. Does anyone even use it for their trading strategy?
Please share your strategies and views.
In God we trust, all others must bring data
Definitely. Many people use Top Gainers & Losers data. Also these names make it to the news so if you are an investor or holding positions in that you can alert yourself so you don’t make losses.
You can use this data for intraday trades or BTST
Top gainers you can buy CE or Sell PE
Top Losers you can buy PE or Sell CE
Long back I saw a working strategy based on this. You could analyse this data on say Nifty 50 stocks and see what stocks have shot up or gone down. You calculate the average movement top 10 are making and bet on the non movers. Interestingly this strategy used work and I also made risk free intraday profits using this strategy. During olden days there was high margin available for intraday with some small brokers so you could definitely make decent returns out of this.
By decent I mean 1-2% with zero risk.
Top gainer at what time?
Can you share more details about your strategy with an example please
At whatever time. For you time is before the trading day closes.
Have you never heard of this strategy. It’s what people does when any other strategy is risky.
I searched in youtube and found something very similar. Also he has explained with examples. 🔴 How to Find Stocks For Intraday Trading + Best Strategy to Trade During Intraday - YouTube
Nope I don’t use any strategy based on this. As you may know I have a simple trend following startegy that doesn’t need me to spend time market watching.
I would assume the top gainer/ looser list would give one a list of stocks in play for the day. Unless the stocks are in the freeze zone there would be adequate liquidity to trade. But I desist from any trading based on this list because by the time we see the list the stock would have moved. Thereafter much movement to profit from may not be there.
Can I know what
are you talking about?
PM me for that