High momentum stocks to watch for July 13!

High momentum stocks to watch for July 13!

by 5paisa Research Team Last Updated: 2022-07-12T15:12:58+05:30

Looking for stocks that could deliver good returns by July 13? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model.

Many participants see a stock opening with a gap-up and wish they should have bought this high momentum stock a day before to take advantage of the gap-up move. To fulfil this wish, we have come out with a unique system, which would help us to get the list of candidates that can be probable high momentum stocks for tomorrow.

The high momentum stocks for tomorrow selected are based on a three-factor prudent model. The first important factor for this model is price, the second key factor is the pattern, and last but not least is the combination of momentum with volume. If a stock passes all these filters, it would flash in our system and as a result, it would help traders to spot the high momentum stocks for tomorrow at the right time! 

Here are the high momentum stocks for July 13.

Bajaj Consumer Care: The stock soared over 4% on Tuesday. It is undergoing good bullish momentum lately, having gained over 20% from its prior swing low. In the past few days, the stock has registered above-average volume and indicates a good buying interest. It is currently at its day’s high and is expected to open gap-up in the next trading session.

KRBL: The shares surged nearly 5% in Tuesday’s trading session. In the past two weeks, the stock has soared over 10% and the volume is greater than the 10-day and 30-day average volume. Moreover, it is above its prior swing high, which is a positive sign. It is above all the kye moving average and is expected to rise on July 13.

EID Parry: The scrip has jumped nearly 3% today. On the technical chart, it made a strong V-shaped recovery and is currently trading near its prior pivot. The volumes were good in the past few days, and it is above all the key moving averages. It has formed five continued bullish candles, and the stock is expected to continue its bullish spree.

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