High momentum stocks to watch for on August 19

High momentum stocks to watch for on August 19

by 5paisa Research Team Last Updated: Dec 15, 2022 - 01:50 am 18.6k Views

Looking for stocks that could deliver good returns by August 19? 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 August 19.  

La Opala: The stock has formed higher highs and higher lows on the technical chart. It has surged over 5% today and has crossed above its prior swing high. Interestingly, the stock has witnessed rise in volume for three consecutive days, indicating larger participation in the stock. It is trading at day’s high and is likely to continue its bullish momentum forward.  

India Cements: The scrip surged over 5% on Thursday. It registered a strong breakout from its consolidation pattern and has recorded above average volume. It is above all its key moving average and is expected to trade higher in next trading session.

Adani Green: The shares gained over 4% in Thursday’s trading session. It has broken out from its triangle pattern with huge volume. Moreover, it is trading at nearly 50% retracement level of its prior downtrend. It has witnessed strong buying interest at lower levels, which is evident from above average volume. Technically, the stock is quite bullish and is likely to trade higher in the next trading session.

Share Market Today

How do you rate this article?


Start Investing in 5 mins*

Rs. 20 Flat Per Order | 0% Brokerage

About the Author

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


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.
Open Free Demat Account
Resend OTP
Please Enter OTP
Account belongs to

By proceeding, you agree to the T&C.

Latest News
NSE Awaits SEBI Approval for Extended F&O Trading Hours

The National Stock Exchange (NSE) is considering a significant shift in its trading hours, potentially introducing extended sessions for equity derivatives.

  • Sep 25, 2023
Delta Corp crashes 20%, After Receiving ₹16,822 Crore Tax Notice

Delta Corp Ltd, a prominent gaming company, saw its stock plummet by 20% during the intraday session on the Bombay Stock Exchange (BSE), touching its 52-week low of ₹140.20.

  • Sep 25, 2023
Bajaj Finance Plans $800 Million to $1 Billion Fundraising for Expansion

Bajaj Finance, a leading non-banking financial company (NBFC), is preparing for a fundraising endeavor, aiming to secure between $800 million to $1 billion.

  • Sep 25, 2023