High momentum stocks to watch for July 27!

High momentum stocks to watch for July 27!

by 5paisa Research Team Last Updated: Dec 13, 2022 - 07:28 pm 21.2k Views
Listen icon

Looking for stocks that could deliver good returns by July 27? 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 27.

Delta Corp: The stock has soared over 4% today. After forming a strong bullish candle in previous trading session, the follow-up was quite promising as it registered above average volumes and has soared above its prior swing high. Moreover, it is above its 50-DMA. Interestingly, the stock has started showing bullish signs after nearly 1 month of consolidation. Thus, we expect it remain bullish in next trading session as well.

DBL: Dilip Buildcon surged over 6% on Tuesday. With this, it has crossed above its prior swing high of Rs 230 level. The volumes have been huge lately, which justifies the buying interest at lower levels. The stock is trading at day’s high and is likely to open gap-up in next trading session.

JK Cement: The stock has gained over 3% in Tuesday’s trading session. It has been on a steady rise from the past four trading sessions, having jumped over 9% during this period. The volumes recorded were greater than 10-day and 30-day average volume, which is a positive sign. Moreover, strong technical parameters indicate strong bullish upmove for upcoming day.

Share Market Today


How do you rate this article?

Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

378X91-D3

About the Author

Our research team is composed of some highly qualified research professionals, their expertise range across sectors.

Disclaimer

Investment/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. Also, The
Enjoy 0%* Brokerage with 5paisa
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
Trust Fintech IPO Subscribed 108.63 times

Trust Fintech IPO is book-built issue of ₹63.45 crores, consisting entirely of fresh issue shares totalling 62.82 lakh. Trust Fintech IPO commenced its subscription period on March 26, 2024, & concludes today, March 28, 2024.

Aspire & Innovative IPO Subscribed 15.17 times

Aspire & Innovative IPO is a book built issue of Rs 21.97 crores. The issue comprises entirely a fresh issue of 40.68 lakh shares. Aspire & Innovative IPO opens for subscription on March 26, 2024, and closes on March 28, 2024. The allotment for the Aspire & Innovative IPO is expected to be finalized on Monday, April 1, 2024.

Blue Pebble IPO Subscribed 56.32 times

Blue Pebble IPO, valued at ₹18.14 crores, comprises fresh issue of 10.8 lakh shares. Commencing subscription on March 26, 2024, Blue Pebble IPO is set to conclude on March 28, 2024. Allotment process is scheduled to be finalized by Monday, April 1, 2024. Following this, IPO is slated to debut on NSE SME, with tentative listing date of Wednesday, April 3, 2024.