Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 03, 2021, 02:46 PM IST

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.

Aegis Logistics: The stock rose almost 5% on Friday. It has trading strong since eight trading sessions. The stock currently trades at 246 and the level of 250 marks the 100-DMA. Above average volume has been recorded today. It has the potential to break the 250-level resistance provided it has good volume. The stock traded firmly in green throughout the day and one can expect this stock to trade strongly next week.

Chambal Fertilizers: The stock jumped over 4% before retracing a little on Friday’s trading session. The stock trades above all the key moving averages and looks to test its all-time high levels soon. Comparing with the last few trading sessions, the stock has witnessed above average volumes. Rising volumes indicates the potential the stock carries, and the stock looks attractive for BTST trade.

Elgi Equipment: The stock of Elgi Equipment gained almost 6% on Friday and it is currently trading at its all-time high. Good volume has been recorded today which suggests buying activity. Almost five-fold of the previous day’s volume has been recorded today. RSI is strong at 81 and the stock is trading above all averages. With good volumes and strong price action movement, the stock is expected to scale newer highs in upcoming day.

SENSEX
52,973.84
180.22 (0.34%)
Nifty 50
15,842.30
60.15 (0.38%)
Nifty Bank
33,597.60
476.25 (1.44%)
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SENSEX
52,973.84
180.22 (0.34%)
Nifty 50
15,842.30
60.15 (0.38%)
Nifty Bank
33,597.60
476.25 (1.44%)

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