Ten Ideas

ABM is the new addition to the list today. Timing an entry in to it is again going to be key. The ideal entry was yesterday. Waiting for reaction might be better option.

While there are number of good plays in yesterday's list, most made bulk of their gain yesterday itself and if you did not enter yesterday, it becomes riskier. I have positions in number of them and most of them have been up 5 to 10% post entry, so waiting for next entry is better option. One way to do that is by building a list out of such breakout and revisit them after few days for entry. That is what I did with RBAK yesterday. It was actually signaled 4-5 days ago, yesterday it offered a very low risk entry early in the morning for 12% move.

The morning strength might be deceptive and will be used by many speculators (including me) to book quick profits on what they bought yesterday. Those chasing strength today may find themselves holding the bag in some cases. If this rally has legs, you will find several opportunities along the way.

Note: Look in to comments periodically for intra day trade ideas or set ups.