Strategy for short term Investing analysed

 Hello Everyone, 

I came across this strategy of Mr. Nitin Bhatia video. I found this strategy very impressive. By keeping all these parameters, I have come across two stocks. so let's start analyzing these stocks.

Share no 1: Chembond Chemicals Ltd.

In the recent three month promoter has started buying shares from the equity market. So value of securities divided by no of securities we came to the calculation that the average price of buying is Rs 140.8 

Let's assume the promoter has bought share around Rs 140.8 (For ref calculation is below).

Data calculated from NSE.

Let's check other parameters.

Promoter holding: >50%

Any sell-by any institute: No

Debt:  almost zero

Earning per share positive

Promoter Encumbrance Details

No pledging of share by promoter.

Share number 2: NESCO

As calculated average price of share bought by promoter is Rs 441.

Promoter Holding > 50%

Debt: Zero

EPS : No neg

Promoter share pledged

No selling in the last three months. 

Promoters increasing Share

Technical indicator

These two stocks are my focus for the upcoming 3 months. Invest by consulting your financial advisor.

Thanks, everyone for giving time.