High momentum stocks to watch for July 15!
Looking for stocks that could deliver good returns by July 15? 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 15.
Valiant Organics: The stock soared nearly 7% on Thursday. After a downtrend, it formed a base at lower levels, which was followed by a strong breakout. The stock is up over 15% in just two trading sessions and has recorded huge volumes. The stock is at day’s high, and we expect it to continue its bullish trend in next trading session as well.
Jindal Stainless Steel: The shares surged over 4% in Thursday’s trading session. In the past four days, the stock has soared over 7%, demonstrating strong uptrend. It has recorded above average volumes during this period, which is a positive sign. The stock is above its prior swing high and is likely to be positive in next trading session.
Edelweiss Financial Services: The scrip has jumped 4% today. On the technical chart, it has crossed above its 100-DMA and is about 15% above its recent swing low. The volume recorded today has been greater than 10-day, 30-day and 50-day average volumes. Considering its strong bullishness, we expect it open gap-up in next trading session.
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DisclaimerInvestment/Trading in securities Market is subject to market risk, past performance is not a guarantee of future performance. The risk of loss in trading and investment in Securities markets including Equites and Derivatives can be substantial.
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