High momentum stocks to watch for on September 26
Looking for stocks that could deliver good returns by September 26? 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 26.
JM Financial: The stock is having a mother uptrend, having jumped over 12% this week. On Friday, the stock witnessed strong buying interest despite broader indices bleeding and surged over 5%. The volume is huge and thus, it has the potential to continue its upward journey in the next trading session.
Dr Lalpath Labs: The scrip surged nearly 10% in the past 4 trading sessions, including Friday’s gain of nearly 3%. The volumes were found to be above average and greater than the 30-day average volume. It has made a V-shaped recovery on the daily technical chart, which is quite positive. Going forward, it can show strong positive movement in the next week.
Apcotex Industries: The stock registered a strong price volume breakout and rose nearly 6% on Friday. It jumped above its prior swing high and recorded massive volume. Institutional buying is prevalent as evident from the jump in volumes. It is above all its key moving averages and is likely to trend positively in the next 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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