High momentum stocks to watch for on September 21
Looking for stocks that could deliver good returns by September 21? 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 September 21.
Solar Industries: The stock is in a strong uptrend, having soared over 40% in the past 2 months. On Tuesday, it jumped over 7% amid strong buying interest and hit a fresh all-time high of Rs 3938.35 on NSE. The volumes have risen for seven consecutive days, which indicates rising participation. The stock is trading at a day’s high, and we expect it to continue the momentum in the upcoming trading session as well.
JK Lakshmi Cement: The cement stocks are having a dream run, which got reflected in the performance of JK Lakshmi Cement shares that zoomed over 7% today. The volumes have been above average in the last few days and indicate strong buying interest. It has also jumped over the 61.8% retracement level of its prior downtrend. The price structure is positive, and the stock is likely to see an upmove in next trading session.
Heidelberg Cement: The stock has formed a higher high and higher low on the technical chart which is a positive sign. It has jumped 7% during Tuesday’s trading session backed by massive volumes. It has risen above its 200-DMA and has formed a strong bullish candle on the technical chart. With such positivity, we expect it to open higher in the next trading session.
Share Market Today
| Indices Name | Price | Price Change (% change) |
|---|---|---|
| S&P ASX 200 | 7194.90 | 21.6 (0.3%) |
| CAC 40 | 7505.08 | 80.46 (1.08%) |
| DAX | 16714.30 | 85.6 (0.51%) |
| Dow Jones | 36136.79 | 19.41 (0.05%) |
| FTSE 100 | 7554.96 | 49.78 (0.66%) |
| Hang Seng | 16321.03 | -21.95 (-0.13%) |
| US Tech 100 | 14328.78 | -0.4 (0%) |
| Nikkei 225 | 32307.86 | -550.45 (-1.68%) |
| S&P 500 | 4586.18 | 0.59 (0.01%) |
| Gift Nifty | 21063.00 | -18.5 (-0.09%) |
| Shanghai Composite | 2969.56 | 3.35 (0.11%) |
| Taiwan Weighted | 17383.99 | 105.25 (0.61%) |
| US 30 | 36184.90 | 92.7 (0.26%) |
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