In my pursuit of non discretionary long term investment process, I have decided to follow a simple momentum strategy on CNX 100:

Here are the rules for this strategy:

- List all the Nifty 100 stocks with their last 12-month excess return
- Exclude stocks whose last 12-month excess return is less than zero
- Buy the top 20 stocks in equal weight
- Hold them until they are in top 40
- Rebalance every Friday

I'll be posting the trades every Friday in this thread. Let's see how this performs.