High momentum stocks to watch for tomorrow!

High momentum stocks to watch for tomorrow!

by 5paisa Research Team Last Updated: Jan 21, 2022, 02:54 PM IST

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.

Linde India: The stock has surged over 4.51% and has taken out its prior swing high. It has recorded rising volume since the past three days, which highlights more participation from traders. The stock is in a strong uptrend and is already trading at a day’s high, looks in no mood to stop. Traders can expect this stock to be bullish and consider it for upcoming day.

Sharda Corp: The stock has skyrocketed over 10% and is trading at a day’s high. The bad market sentiment seems to make no effect on the strong sentiment of the stock. It has hit a fresh-52-week high today and is all set to surge higher. Moreover, it has attracted huge buying interest and is likely to continue its momentum on Monday.

Ingersol-Rand India: The stock has been making higher highs and shows strong momentum. It has continued its upward journey and risen over 2.5 %today. Moreover, it has recorded huge volume during the process. The technical parameters also point towards the bullish nature. The stock is trading at a day’s high, and one can expect it to open with a gap-up on Monday.

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SENSEX
54,208.53
-109.94 (-0.20%)
Nifty 50
16,240.30
-19.00 (-0.12%)
Nifty Bank
34,163.70
-138.20 (-0.40%)

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