Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 02, 2021 - 02:30 pm 44.1k 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 would help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar stocks for tomorrow.

Persistent Systems: The stock has soared about 4,33% on Thursday. It is trading very near to its all-time high and has made a triple top. Volume recorded today is more than its 10 and 30-Day average volume. The RSI is in the bullish territory on the hourly, daily and weekly time frame. Running strong since a few trading sessions, it is expected that the stock will continue to perform on the upper side.

Neogen Chemicals Ltd: The stock rose almost 10% on the trading session ending Thursday. It is currently testing its all-time high level.  It bounced from its 20-DMA which shows short term bullishness. RSI jumped to 66 which shows that the stock has gained strength. The demand from the bulls is evident from the fact the stock has witnessed above average volumes. In an open=clow scenario with bigger volumes, it has the potential to take out its all-time high level and scale further highs

Supreme Petrochemicals Limited: The stock follows a sideways trend since a month. After rising about 3% on this day, it trades above its 20,50, and 100-DMA. The stock has witnessed rising volume today which indicates active participation from the institutions.  The RSI is in the bullish zone. The stock has the potential to go even higher in the coming days.

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