High momentum stocks to watch for September 27

High momentum stocks to watch for September 27

Indian Market
by 5paisa Research Team Last Updated: 2022-09-26T15:10:48+05:30

Looking for stocks that could deliver good returns till September 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 September 27.

Westlife Development: The stock has seen a sharp recovery after plunging initially. It is up over 10% on Monday backed by massive volume. With this, it has hit a fresh all-time high level and has formed a strong bullish candle. It is undergoing bullish momentum lately and we can expect it to open positively in the next trading session.

Ipca Laboratories: The scrip has surged nearly 3% despite weakness in the market. It has crossed above its prior swing high with above-average volume today. Moreover, the technical parameters indicate good strength in the stock. It is trading at a day’s high and is expected to open a gap-up in the next trading session.

Bluestar Company: After consolidating for more than a week, the stock has seen strong buying at lower levels. It has soared nearly 2% today and is above all its key moving averages. The volume has been good, which justifies buying activity. With strong positives, we can expect some positive moves from this stock in the next trading session.

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