Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 12, 2022 - 03:27 pm 44.4k Views

Looking for stocks that could deliver good returns till tomorrow, here are the superstar stocks 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 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 superstock 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 will help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar stocks for tomorrow.

Indiabulls Housing Finance: The stock rose almost 6% on Wednesday. The stock traded firmly in green throughout the day. It is trading directionless since many days as it makes the swing on either side. It is near to its tough resistance of 250 and a breakout from this level might help the stock gain some momentum. It failed multiple times to break its 100-DMA and today it is trading above the key indicator to show strength. One can expect this stock to trade strongly for upcoming days too.

Bajaj Holdings: The stock zoomed over 2% on trading session of Wednesday. It is currently trading at an all-time high.  Good volume has been recorded today that suggests good market activity. It trades above all key moving averages and RSI is well above 63. Rising volumes indicate potential the stock carries, and it is expected that stock will continue its momentum for more days to come.

Bombay Stock Exchange (BSE):  The stock rose over 4% on Wednesday and it is currently trading at its all-time high. Almost twice the volume has been recorded today compared to its previous trading session. RSI is strong at 66 and the stock is trading above all averages. With the stock showing no signs of halting, the stock looks attractive for short term, and one must make use of this momentum to their benefit.

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