Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 14, 2021.
Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Indiamart Intermesh, Hindustan Zinc and Trent.
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 the 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, will help traders to spot the superstar stocks for tomorrow at the right time!
Here are the superstar BTST stocks for October 14, 2021.
Indiamart Intermesh: The stock has gained nearly 4.5% on Wednesday as a result it has formed a supersized bullish candle along with a surge in the volumes. The volume for the day has already surpassed its previous trading session. The RSI on an hourly and weekly time frame is in the 'super' bullish territory, while on the daily time frame it’s in bullish territory. The stock can probably test levels of Rs 9400 followed by Rs 9500 on the upside, while on the downside, support is seen around Rs 9060.
Hindustan Zinc: Shares of the company have jumped over 5% on Wednesday. The stock has formed a supersized bullish candle along with a surge in the volumes. Interestingly, almost two hours are remaining in Wednesday’s session and the stock has already surpassed the volume of its previous trading session. The 14-period RSI is in the super bullish territory on hourly and daily time frame. The stock has the potential to test levels of Rs 351 followed by Rs 357 on the upside. On the downside, the level of Rs 330 is likely to act as immediate support for the stock.
Trent: The stock has formed a sizable bullish candle on the daily chart and the volume for the day is greater than the last three trading sessions. The RSI on the hourly, daily and weekly chart is in super bullish territory. The stock has the potential to test levels of Rs 1270 and immediate support for the stock is placed at Rs 1160.
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