High momentum stocks to watch for tomorrow!

High momentum stocks to watch for tomorrow!

by 5paisa Research Team Last Updated: Dec 11, 2022 - 10:51 pm 37.1k Views
Listen icon

Looking for stocks that could deliver good returns till tomorrow? Here are the High Momentum stocks that one must watch for tomorrow selected on a three-factor model.     

Many of the time market 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 tomorrow. 

Hero MotoCorp: The stock has surged over 4% on Tuesday and is one of the top gainers among Nifty stocks. It is extremely bullish and has taken out its prior swing high and is above its 200-DMA after many days. The stock has received larger participation today, as indicated by above average volumes. Considering ongoing bullishness, it is expected to continue the momentum and surge higher the following day.

Eicher Motors: The stock has soared over 4% today and has crossed above all its key short and long term moving averages. It has recorded volumes greater than 30-day and 50-day moving averages during the process. With the stock already at day’s high, we can expect a gap-up tomorrow.

CCL Products: The stock has formed a bullish engulfing pattern and has soared about 4% on Tuesday’s trading session. It has recorded about twice the previous day’s volume and has gained strong momentum lately. It is trading at a day’s high, and traders can expect the stock to go higher tomorrow considering the short term performance.

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.

Open Free Demat Account
Resend OTP
Please Enter OTP
Mobile No. belongs to

By proceeding, you agree to the T&C.

Latest News
NTPC Enters JV Agreement with Maharashtra State Power Generation

NTPC Green Energy Limited, a subsidiary of NTPC Limited, has partnered with Maharashtra State Power Generation Company Limited (MAHAGENCO) to lead the development of renewable energy parks in Maharashtra.

Happiest Minds Partners with Secureworks for Advanced XDR Services

Happiest Minds Technologies has recently announced its collaboration with the Secureworks Global MSSP Partner program to address the escalating need for Extended Detection and Response (XDR) services worldwide.

Supreme Court Rejects Vedanta's Request to Reopen Sterlite Copper Plant

The Supreme Court's recent dismissal of Vedanta's plea to reopen its Sterlite Copper smelter plant in Tamil Nadu's Thoothukudi marks a setback for the mining giant. The plant was shut down in 2018 following violent protests that resulted in casualties.