High momentum stocks to watch for tomorrow!

High momentum stocks to watch for tomorrow!

by 5paisa Research Team Last Updated: 2022-02-21T18:31:51+05:30

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.

Quess Corp: The stock has surged over 7% today and is trading at a day’s high. It has attracted strong buying interest at lower levels and has risen for three consecutive days. This momentum is supported by huge volume which happens to be greater than 10-day and 30-day average volume. The stock is quite bullish, and we expect it to trade higher tomorrow.

Power India: The stock has soared over 6%. It has found a good support level at Rs 2800 and has bounced back sharply. It has surged nearly 10% in the past three days and has gained good momentum lately. The stock has also recorded rising volume in the past three days. With good bullishness, the stock is likely to open gap-up on Monday.

Aster DM Healthcare: The stock has soared nearly 4% today and has taken out prior high. It received good buying interest at lower levels and has attracted huge volumes during the process. It took support at its 200-DMA and has bounced back sharply. With this huge burst, we can expect the stock to be surging higher next trading day.

 

Also read: 5 BTST/STBT Stocks: BTST/STBT Stock list for today February 18


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