High momentum stocks to watch for July 14!

High momentum stocks to watch for July 14!

by 5paisa Research Team Last Updated: 2022-07-13T15:15:09+05:30

Looking for stocks that could deliver good returns by July 14? 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 14.

Syngene: The stock has soared over 4% today. It has attracted trader’s attention in recent times, have gained about 10% In just 5 trading sessions. It has crossed above its prior swing high and is Above all its key moving averages. The volumes have been good lately, which indicates good participation in trading. Thus, the stock is likely to be Buzzing for next trading session.

Laurus Labs: The stock surged nearly 4% on Wednesday. It has crossed above its short term resistance level of Rs 500 with heavy volumes. The volumes tend to be greater than 10-day and 30-day average volumes. With such positivity, it is expected that the stock shall attract good buying interest on Thursday.

Castrol India: The stock has gained about 3% in Wednesday’s trading session. It has been on a steady rise, and has jumped nearly 10% from its prior swing low of Rs 102. During the past few days, the volumes have been above averages, and stock is currently trading near day's high. It is higher chances of opening gap-up in next trading session with such positivity.

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