Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 9, 2021.

Superstar Stocks: BTST Trading and stocks that could deliver good returns till October 9, 2021.
by 5paisa Research Team 08/10/2021

Stocks that are in focus, Stocks to buy for tomorrow, Superstar Stocks selected on basis of a three-factor model, Route Mobile, Reliance Industries and Bank of Baroda. 

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 9, 2021. 

Route Mobile: The stock has jumped 4% on Friday. It has formed a bullish candle and witnessed a breakout of horizontal trendline along with a huge surge in volume. Interestingly, almost two hours are remaining in Friday’s session and the stock has already surpassed the volume of its previous trading session, in fact, volumes are highest since September 15. The RSI on an hourly, daily and weekly time frame is in the bullish territory. The stock can probably test levels of Rs 2175 followed by Rs 2200 on the upside, while on the downside, support is seen around Rs 2070.

Reliance Industries: The stock has gained over 3% on Friday. The daily volume so far has already surpassed its previous day volume and it is the highest in the last three days. The 14-period RSI is in the bullish territory on hourly, daily and weekly time frame. The stock has the potential to test levels of Rs 2700 followed by Rs 2740 on the upside. On the downside, the level of Rs 2640 is likely to act as immediate support for the stock. 

Bank of Baroda: The stock is on verge of a breakout of horizontal trendline. The stock has already surpassed the volume of its previous trading session. The RSI is in the bullish territory on the hourly, daily and weekly time frame. The stock has the potential to test levels of Rs 90 and immediate support for the stock is placed at Rs 83.5.

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