High momentum stocks to watch for July 25
Looking for stocks that could deliver good returns till July 25? 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 25.
Home First Finance: The stock surged nearly 5% in Friday’s trading session. It has crossed above its prior swing high level of Rs 790 and has also recorded above average volumes. It is currently above all the key moving averages. The technical parameters show bullishness, and the stock is expected to perform well in the next trading session.
Polyplex: The stock jumped 4.40% on Friday. It received strong buying interest at lower levels and has soared over 10% in 4 trading sessions. The volumes tend to be higher as the stock crossed above its 100-DMA. With this, the stock is likely to scale higher levels in the next trading session on July 25.
Gujarat State Petronet Ltd: The scrip climbed over 4% in Friday's trading session. After consolidating for 11 days, it finally showed positivity by breaking out from its consolidating pattern. During this, it has recorded above-average volumes, which justifies the breakout. The stock is trading at a day’s high and is likely to gap-up in Monday's 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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