High momentum stocks to watch for July 22!
Looking for stocks that could deliver good returns till July 22? 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 22.
Karur Vysya Bank.: The scrip witnessed a massive surged of over 7.50% on Thursday. Such strong momentum was achieved by strong buying interest emerging at lower levels. The stock has soared above its 200-DMA and has jumped about 15% in just 4 trading sessions. It is above its prior swing high, and we expect it to continue its bullish momentum in next trading session as well.
KPR Mills Ltd: The stock surged over 7% during Thursday’s training session. From the past 2 trading session, the stock has registered above average volume, and has gained about 15% during this period. It is above all the key moving averages. With such positivity, the stock is expected to trade higher on July 22.
Cummins India: CUMMINSIND has soared over 5% today. It is in a strong bullish trend, having gained over 12% in just 5 trading sessions. During this period, the volumes were greater than 10-day and 30-day average volume. Strong buying interest from the market participants has propelled the stock as it hits a fresh 52-week high on Thursday. It is likely to open gap-up in next trading session.
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