High momentum stocks to watch for July 27!
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.
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