Superstar Stocks: BTST Trading and stocks that could deliver good returns till 04 October 2021.

superstar BTST stocks for October 04, 2021.

by 5paisa Research Team Last Updated: Apr 04, 2022, 02:05 PM IST

Watch out for these stocks, Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, ATUL, GMR Infrastructure, Muthoot Finance.

Many times market participants see a stock opening with a gap-up and wish they should have bought this superstar 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 superstar stocks for tomorrow.

The superstar 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 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 will help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar BTST stocks for October 04, 2021.

ATUL: The stock of Atul has advanced 2.5% on Friday and with this strong up-move the stock is placed on verge of neckline breakout of the double bottom pattern on the daily chart. Volume activity is quite profound as the volume is greater than its previous trading session and also, greater than its 20-day average. The RSI on the daily time frame has marked a fresh 14-period high and it’s in bullish territory. Meanwhile, on the weekly and hourly time as well RSI is in bullish territory. The stock can probably test levels of Rs 9880 followed by Rs 9975 on the upside, while on the downside, support is seen around Rs 9570.  

GMR Infrastructure: The stock of GMR Infrastructure has hit a fresh 52-week high on a day when the market is seen tanking. The stock has jumped over 6%. The stock has formed a strong bullish candle and it has been trending high and volume activity has again picked up in the last hour or so. The daily volume so far has already surpassed its previous day volume and it is the highest since September 20. The RSI has marked a fresh 14-period on the daily time frame, and it is in a rising trajectory. On the weekly time frame as well, RSI is above 60 and on the hourly time frame as well it's above 60. The stock has the potential to test levels of Rs 43.5 followed by Rs 45. On the downside, the level of Rs 39 is likely to act as immediate support for the stock.

Muthoot Finance: The stock has formed a strong bullish candle and it has seen its best gains for a single day for a long time. Interestingly, nearly 40% of the volume of the day so far has been seen during the last two hours of trade. Overall, the volume for the day has already surpassed its previous day volume and it is the highest since July 5. The RSI is in the bullish territory on the hourly time frame. The stock has the potential to test levels of Rs 1560 followed by Rs 1600 and immediate support for the stock is placed at Rs 1490.

SENSEX
54,023.85
1,050.01 (1.98%)
Nifty 50
16,170.30
328.00 (2.07%)
Nifty Bank
34,138.60
541.00 (1.61%)
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SENSEX
54,023.85
1,050.01 (1.98%)
Nifty 50
16,170.30
328.00 (2.07%)
Nifty Bank
34,138.60
541.00 (1.61%)

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