Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 19, 2021.

Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 19, 2021.

by 5paisa Research Team Last Updated: Apr 04, 2022, 02:09 PM IST

Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Rain Industries, Reliance Industries and JK Tyre.

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 19, 2021.

Rain Industries: The stock has gained nearly 4.5% on Monday and 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, daily and weekly time frame is in the bullish territory. The stock can probably test levels of Rs 259 followed by Rs 264 on the upside, while on the downside, support is seen around Rs 244.

Reliance Industries: The stock of Reliance Industries is among the top two contributors to the Nifty 50 index as it has contributed nearly 31 points to Nifty’s kitty. The stock has logged a fresh 52-week high on Monday. The stock has formed a supersized bullish candle along with a surge in the volumes. The stock has already surpassed the volume of its previous trading session. The 14-period RSI is in the bullish super territory on hourly, daily and weekly time frame. The stock has the potential to test levels of Rs 2785 followed by Rs 2800 on the upside. On the downside, the level of Rs 2685 is likely to act as immediate support for the stock.

JK Tyre: The stock is seeing good action on Monday as it has gained over 4% along with a rise in volumes. The volume for the day is the highest single-day volume since September 3. The RSI on the hourly, daily and weekly chart is in bullish territory. The stock has the potential to test levels of Rs 164-166 and immediate support for the stock is placed at Rs 155.5.

SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)
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SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)

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