QUANT NEWSLETTER – Volume 35

DATE: 25th November 2022

Disclosures:

• All the underlying calculations are done using end of day prices from Yahoo Finance

• Stocks featuring in this newsletter should not be construed as investment recommendation and you are

advised to take guidance from your personal financial planner.

• The stock list is output from the SAMKIT CAPITAL’s automated models and the user is responsible to check the

output with other sources in order to ensure correctness.

• SAMKIT CAPITAL does not take responsibility of any loss incurred by the reader by investing or not investing in

the list of stocks mentioned in the newsletter.

• Please feel free to read and discard if you don’t find the quant studies mentioned in the newsletter useful.
The way we use the file

Relative 12M High List Don’t Sell if owned in Monthly 9/18 Positive Buy watchlist for Long
Portfolio – BUY Watchlist Term Portfolio Position

Don’t Buy if NOT in Sell watchlist for Long

Relative 12M Low List Monthly 9/18 Negative
Portfolio – Sell Watchlist Term Portfolio Position

Relative 3M High List Downtrend might be Relative Super Trend Buy Watchlist
weakening – Buy Watchlist Positive Cross

Uptrend might be Relative Super Trend

Relative 3M Low List Sell Watchlist
weakening – Sell Watchlist Negative Cross

Do Note, we don’t take Buy-Sell decisions just based on above price based indicators we create watchlist and combine
it with Fundamental Analysis of each stock to arrive at portfolio Buy-Sell Decision.

Our approach is more tilted towards – Value investing with Momentum Overlay and therefore the first filter is
fundamental analysis (Business Analysis and Valuation) of stocks post which absolute and relative price based
momentum strategies are used to time entry.
 FILTERING FOR BUY IDEAS THROUGH MULTI LELVEL FUNNEL

STRONG STOCKS
RELATIVE 12M HIGH STOCKS
FINCABLES.NS
RELATIVE ST UPTREND HCLTECH.NS
IIFL.NS

PRICE ST UPTREND JINDALSTEL.NS

NCC.NS

RSI-EMA UPTREND PFC.NS

RCF.NS
OSCILLATOR* UPTREND REDINGTON.NS
SKFINDIA.NS
OSCILLATOR
BELOW 0.8 (RISK)

*OSCILLATOR USED IN THE PROCESS IS PROPRIETARY

 FILTERING FOR SELL IDEAS THROUGH MULTI LELVEL FUNNEL
WEAK STOCKS
RELATIVE 12M LOW STOCKS
AARTIIND.NS ROSSARI.NS
RELATIVE ST DOWNTREND AMBER.NS SEQUENT.NS
AUROPHARMA.NS THYROCARE.NS
PRICE ST DOWNTREND AVANTIFEED.NS WHIRLPOOL.NS
BANDHANBNK.NS ZYDUSWELL.NS

RSI-EMA DOWNTREND BSE.NS

GILLETTE.NS
OSCILLATOR*
GLAND.NS
DOWNTREND
ICICIPRULI.NS
IOLCP.NS
JCHAC.NS
MFSL.NS
NAM-INDIA.NS
NATCOPHARM.NS
QUESS.NS
*OSCILLATOR USED IN THE PROCESS IS PROPRIETARY
SECTOR MOMENTUM + BREADTH
NIFTY 500 SECTOR BREADTH
80% Financials

70% Industrials
Cons Disc Utilities
Comm Serv
60%

Current Breadth
N500
Cons Staples
105.0 50% Materials
Lagging but Improving Financials
Leading and Gaining
Health Care
40% IT
104.0
Energy Real Estate
30%
103.0
Communication 20%
Real Estate
102.0 Info Tech
10%
Relative Strength Momentum

Industrials 0%
101.0
Materials Energy 0% 10% 20% 30% 40% 50% 60% 70% 80%
Health Care Utilities Source: Samkit Capital Avg 20D Market Breadth
100.0
20D Relative Breadth Rank
Staples
99.0 1 IT BEST
2 Comm Serv
98.0 3 Financials
4 Industrials
97.0
5 Cons Disc
Lagging and Weakening Leading but Weakening
96.0
Discretionary 6 Materials
98.0 99.0 100.0 101.0 102.0 103.0 104.0 105.0 106.0 107.0 7 Utilities
Relative Strength Ratio
Source: Samkit Capital, Data as of 25th November 2022 8 Health Care
9 Energy
10 Cons Staples
11 Real Estate WORST
RELATIVE 12M HIGH LIST

RELATIVE 12M HIGH

AEGISCHEM.NS (336) MAHABANK.NS (27)

BANKBARODA.NS (168) MAZDOCK.NS (852)

BANKINDIA.NS (82) PNB.NS (54)

CANBK.NS (327) RAILTEL.NS (144)

CEATLTD.NS (1799) RCF.NS (120)

CENTRALBK.NS (26) RHIM.NS (773)

GESHIP.NS (666) RVNL.NS (73)

HAL.NS (2732) SKFINDIA.NS (4999)

HUDCO.NS (50) TIMKEN.NS (3577)

IIFL.NS (475) UCOBANK.NS (21)

INDIANB.NS (272) UJJIVAN.NS (296)

INGERRAND.NS (2214) UNIONBANK.NS (77)

IRCON.NS (61)

IRFC.NS (32)

KALPATPOWR.NS (514)
RELATIVE 12M LOW LIST

RELATIVE 12M LOW

AARTIIND.NS (664) BSE.NS (572) GREAVESCOT.NS (148) MARICO.NS (486) RELAXO.NS (919) VMART.NS (2773)

AAVAS.NS (1906) CAMS.NS (2323) HAPPSTMNDS.NS (948) MASTEK.NS (1649) ROSSARI.NS (799) VOLTAS.NS (829)

ALKYLAMINE.NS (2871) CENTURYPLY.NS (540) HATHWAY.NS (16) MFSL.NS (666) SANOFI.NS (5690) WHIRLPOOL.NS (1511)

ALOKINDS.NS (15) CENTURYTEX.NS (790) HATSUN.NS (908) MOTILALOFS.NS (655) SBICARD.NS (807) WIPRO.NS (403)

AMBER.NS (1998) CESC.NS (74) ICICIPRULI.NS (452) MPHASIS.NS (1990) SEQUENT.NS (92) ZENSARTECH.NS (217)

ASTRAL.NS (1894) CHAMBLFERT.NS (303) ICIL.NS (135) NAM-INDIA.NS (260) SFL.NS (2673) ZYDUSWELL.NS (1579)

ATUL.NS (8202) CHOLAHLDNG.NS (585) IDEA.NS (8) NATCOPHARM.NS (566) SHILPAMED.NS (281)

AUROPHARMA.NS (464) DCMSHRIRAM.NS (839) IEX.NS (150) NAUKRI.NS (3955) SIS.NS (389)

AVANTIFEED.NS (389) EMAMILTD.NS (434) INDIGOPNTS.NS (1319) NETWORK18.NS (63) SONACOMS.NS (443)

BALAMINES.NS (2925) ERIS.NS (670) IOLCP.NS (350) NILKAMAL.NS (1926) SPICEJET.NS (39)

BANDHANBNK.NS (219) GALAXYSURF.NS (2826) IPCALAB.NS (869) PEL.NS (820) SWSOLAR.NS (281)

BATAINDIA.NS (1710) GILLETTE.NS (5055) JCHAC.NS (1110) PGHH.NS (13957) TATAPOWER.NS (224)

BAYERCROP.NS (4541) GLAND.NS (1693) LAURUSLABS.NS (455) PGHL.NS (4082) THYROCARE.NS (614)

BHARATRAS.NS (10138) GLAXO.NS (1334) LUXIND.NS (1695) PRSMJOHNSN.NS (123) TRIDENT.NS (35)

BPCL.NS (324) GODREJAGRO.NS (469) LXCHEM.NS (303) QUESS.NS (423) VENKEYS.NS (1859)
RELATIVE 3M HIGH LIST

RELATIVE 3M HIGH
AMARAJABAT.NS (647) NBCC.NS (41)

CASTROLIND.NS (131) NCC.NS (81)

EQUITASBNK.NS (53) NFL.NS (57)

FACT.NS (143) OIL.NS (200)

FINCABLES.NS (566) PFC.NS (137)

HCLTECH.NS (1128) REDINGTON.NS (178)

HINDZINC.NS (297) SHRIRAMCIT.NS (1922)

IDBI.NS (51)

INDOCO.NS (403)

IOB.NS (23)

JINDALSTEL.NS (521)

JSL.NS (177)

JSLHISAR.NS (339)

JSWSTEEL.NS (726)

KSCL.NS (508)
RELATIVE 3M LOW LIST

RELATIVE 3M LOW
AARTIDRUGS.NS (450) COROMANDEL.NS (920) KAJARIACER.NS (1111) SBILIFE.NS (1235) ZEEL.NS (259)

ADANIGREEN.NS (2024) CREDITACC.NS (980) KANSAINER.NS (435) SIEMENS.NS (2779) ZFCVINDIA.NS (9316)

ADANITRANS.NS (2740) DHANI.NS (48) LICHSGFIN.NS (383) SRF.NS (2279)

ADVENZYMES.NS (285) DMART.NS (3904) LINDEINDIA.NS (3042) SUNTV.NS (486)

AJANTPHARM.NS (1232) EICHERMOT.NS (3414) M&M.NS (1261) TASTYBITE.NS (11959)

ANURAS.NS (727) GAEL.NS (230) MAHLOG.NS (503) TATACHEM.NS (1032)

BAJAJ-AUTO.NS (3640) GNFC.NS (607) MARUTI.NS (9020) TATAELXSI.NS (6780)

BAJAJELEC.NS (1105) GRINDWELL.NS (1932) MRPL.NS (57) THERMAX.NS (2058)

BAJAJFINSV.NS (1634) GSFC.NS (132) NAVINFLUOR.NS (4352) TTKPRESTIG.NS (889)

BAJFINANCE.NS (6748) GUJALKALI.NS (787) OBEROIRLTY.NS (895) UBL.NS (1656)

BEML.NS (1476) INOXLEISUR.NS (541) PETRONET.NS (209) UFLEX.NS (610)

BRIGADE.NS (480) ISEC.NS (523) POWERINDIA.NS (2904) VAIBHAVGBL.NS (328)

CAPLIPOINT.NS (735) JAMNAAUTO.NS (106) PVR.NS (1866) VAKRANGEE.NS (30)

CDSL.NS (1218) JSWENERGY.NS (308) RBA.NS (117) VTL.NS (341)

CHALET.NS (362) JUBLFOOD.NS (556) ROUTE.NS (1297) WELSPUNIND.NS (81)

RELATIVE PRICE SUPER TREND CROSSOVER LIST

RELATIVE SUPER TREND (POSITIVE CROSSOVER)

GSPL.NS (279)

HDFCLIFE.NS (587)

INDOCO.NS (403)

INFY.NS (1636)

NBCC.NS (41)

PERSISTENT.NS (3971)

RCF.NS (120)
RELATIVE PRICE SUPER TREND CROSSOVER LIST

RELATIVE SUPER TREND (NEGATIVE CROSSOVER)

BAJAJFINSV.NS (1634)

COLPAL.NS (1580)

DEEPAKNTR.NS (2109)

HAPPSTMNDS.NS (948)

ITC.NS (340)

NESTLEIND.NS (19529)

SIEMENS.NS (2779)

SUNDRMFAST.NS (903)

TVSMOTOR.NS (1037)

ZYDUSLIFE.NS (402)
ABSOLUTE PRICE SUPER TREND CROSSOVER LIST

ABSOLUTE SUPER TREND (POSITIVE CROSSOVER)

APOLLOHOSP.NS (4789)

EQUITAS.NS (114)

FACT.NS (143)

GSPL.NS (279)

RECLTD.NS (109)
ABSOLUTE PRICE SUPER TREND CROSSOVER LIST

ABSOLUTE SUPER TREND (NEGATIVE CROSSOVER)

CENTURYPLY.NS (540)

DCMSHRIRAM.NS (839)
MONTHLY 9-18 EXP MOVING AVG CROSSOVER LIST

MONTHLY 9-18 EMA (POSITIVE CROSSOVER)

ASTRAZEN.NS (3360)

BANKINDIA.NS (82)

CENTRALBK.NS (26)

DCBBANK.NS (122)

HDFC.NS (2681)

HUDCO.NS (50)

IRCON.NS (61)

IRFC.NS (32)

NFL.NS (57)

PFC.NS (137)

PNB.NS (54)

UCOBANK.NS (21)
MONTHLY 9-18 EXP MOVING AVG CROSSOVER LIST

MONTHLY 9-18 EMA (NEGATIVE CROSSOVER)

CROMPTON.NS (365)

EMAMILTD.NS (434)

ICICIPRULI.NS (452)

MASTEK.NS (1649)

NATIONALUM.NS (75)

RELAXO.NS (919)

SBICARD.NS (807)

TCNSBRANDS.NS (572)
MONTHLY RSI – EMA CROSSOVER LIST

MONTHLY RSI-EMA (POSITIVE CROSSOVER)

ABBOTINDIA.NS (20268) [1%] HEIDELBERG.NS (196) [0%] JSWSTEEL.NS (726) [0%] STLTECH.NS (175) [-1%]

ADANIPORTS.NS (880) [1%] HINDCOPPER.NS (115) [-1%] JUBLPHARMA.NS (379) [1%] SUZLON.NS (8) [-1%]

APOLLOHOSP.NS (4789) [0%] HINDZINC.NS (297) [0%] NBCC.NS (41) [3%] TCS.NS (3390) [-2%]

AUBANK.NS (638) [-1%] HONAUT.NS (42397) [0%] NFL.NS (57) [1%] UBL.NS (1656) [0%]

BBTC.NS (919) [-1%] HUDCO.NS (50) [6%] NIACL.NS (96) [1%] UPL.NS (777) [0%]

BPCL.NS (324) [-1%] INDOCO.NS (403) [0%] PETRONET.NS (209) [-1%]

DALBHARAT.NS (1742) [2%] INDUSTOWER.NS (203) [-2%] PIIND.NS (3384) [0%]

DLF.NS (397) [0%] INOXLEISUR.NS (541) [-1%] PNCINFRA.NS (271) [-1%]

EDELWEISS.NS (66) [2%] IOC.NS (73) [-1%] RADICO.NS (1051) [0%]

ENDURANCE.NS (1516) [0%] IRB.NS (250) [0%] REDINGTON.NS (178) [0%]

EQUITAS.NS (114) [2%] ITI.NS (111) [1%] SAIL.NS (83) [-1%]

FACT.NS (143) [0%] JINDALSAW.NS (92) [-1%] SHRIRAMCIT.NS (1922) [1%]

FINPIPE.NS (162) [-1%] JKCEMENT.NS (3015) [1%] SKFINDIA.NS (4999) [-1%]

GSPL.NS (279) [1%] JSL.NS (177) [1%] SOLARA.NS (471) [-3%]

HDFCLIFE.NS (587) [0%] JSLHISAR.NS (339) [0%] SRTRANSFIN.NS (1280) [-1%]

MONTHLY RSI – EMA CROSSOVER LIST

MONTHLY RSI-EMA (NEGATIVE CROSSOVER)

3MINDIA.NS (22901) [0%] EICHERMOT.NS (3414) [3%]NAVINFLUOR.NS (4352) [-1%]TVSMOTOR.NS (1037) [3%]

AARTIDRUGS.NS (450) [1%] ERIS.NS (670) [0%] NAZARA.NS (598) [-1%] VAKRANGEE.NS (30) [0%]

ABFRL.NS (311) [1%] GARFIBRES.NS (3324) [0%] NESTLEIND.NS (19529) [1%] ZFCVINDIA.NS (9316) [2%]

ASHOKLEY.NS (149) [1%] GILLETTE.NS (5055) [0%] NH.NS (754) [1%] ZYDUSWELL.NS (1579) [0%]

ASTERDM.NS (232) [1%] GUJALKALI.NS (787) [-2%] POLYCAB.NS (2550) [-1%]

CAMS.NS (2323) [-2%] HFCL.NS (80) [0%] POONAWALLA.NS (312) [0%]

CENTURYTEX.NS (790) [-2%] HINDUNILVR.NS (2537) [0%] RATNAMANI.NS (1914) [1%]

CGCL.NS (742) [0%] INFIBEAM.NS (16) [0%] SIEMENS.NS (2779) [-1%]

CIPLA.NS (1105) [2%] KANSAINER.NS (435) [0%] SUMICHEM.NS (471) [-1%]

COLPAL.NS (1580) [-1%] KSB.NS (1911) [2%] SUNTV.NS (486) [2%]

CSBBANK.NS (218) [1%] LICHSGFIN.NS (383) [1%] SYNGENE.NS (609) [1%]

DEEPAKNTR.NS (2109) [-1%] M&M.NS (1261) [2%] TATACHEM.NS (1032) [0%]

DHANI.NS (48) [0%] MAHLOG.NS (503) [0%] TIINDIA.NS (2588) [1%]

DHANUKA.NS (702) [1%] MARUTI.NS (9020) [2%] TITAN.NS (2595) [-1%]

DIXON.NS (4368) [-1%] MAXHEALTH.NS (431) [0%] TRENT.NS (1432) [1%]

WEEKLY RSI – EMA CROSSOVER LIST

WEEKLY RSI-EMA (POSITIVE CROSSOVER)

APOLLOHOSP.NS (4789) GRASIM.NS (1735) MASTEK.NS (1649) RHIM.NS (773)

APOLLOTYRE.NS (293) GSFC.NS (132) MOIL.NS (158) SANOFI.NS (5690)

ASTRAZEN.NS (3360) HATHWAY.NS (16) MPHASIS.NS (1990) SHARDACROP.NS (410)

BHEL.NS (82) HAVELLS.NS (1247) MRF.NS (89905) SUPRAJIT.NS (336)

BLUESTARCO.NS (1211) HDFCLIFE.NS (587) MRPL.NS (57) SYMPHONY.NS (881)

CANFINHOME.NS (545) HFCL.NS (80) NFL.NS (57) TV18BRDCST.NS (37)

CAPLIPOINT.NS (735) IBULHSGFIN.NS (138) NHPC.NS (44) UTIAMC.NS (744)

CCL.NS (506) ICICIGI.NS (1159) NMDC.NS (118) VAIBHAVGBL.NS (328)

CGCL.NS (742) IDFCFIRSTB.NS (58) PCBL.NS (136) VIPIND.NS (722)

CHAMBLFERT.NS (303) INDIGO.NS (1907) PEL.NS (820)

DABUR.NS (557) INDUSINDBK.NS (1187) POWERGRID.NS (221)

DRREDDY.NS (4418) INOXLEISUR.NS (541) PVR.NS (1866)

EDELWEISS.NS (66) KAJARIACER.NS (1111) RADICO.NS (1051)

GODREJCP.NS (859) KPITTECH.NS (718) RAIN.NS (179)

GODREJIND.NS (430) LUXIND.NS (1695) RCF.NS (120)

WEEKLY RSI – EMA CROSSOVER LIST

WEEKLY RSI-EMA (NEGATIVE CROSSOVER)

3MINDIA.NS (22901) JBCHEPHARM.NS (2058)

AARTIDRUGS.NS (450) JKPAPER.NS (412)

ADANIENT.NS (3901) JUBLINGREA.NS (540)

AFFLE.NS (1218) KEI.NS (1573)

COCHINSHIP.NS (628) LAOPALA.NS (400)

DHANUKA.NS (702) LAXMIMACH.NS (13107)

GPPL.NS (90) LEMONTREE.NS (93)

GRANULES.NS (357) MINDACORP.NS (203)

GUJGASLTD.NS (492) PGHL.NS (4082)

HEG.NS (1021) PIDILITIND.NS (2662)

HEIDELBERG.NS (196) POLYPLEX.NS (1783)

HGS.NS (1266) PRINCEPIPE.NS (549)

IFBIND.NS (976) TRITURBINE.NS (276)

INGERRAND.NS (2214)

ISEC.NS (523)