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Superstar stocks for tomorrow!

Superstar stocks for tomorrow!
by 5paisa Research Team 08/12/2021

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.    

TCI Express:  The stock of TCI Express shot up more than 6% on Wednesday and it nears its all-time high of 2376. Almost twice the volume has been recorded today compared to its previous trading session. The stock still trades above its 20-DMA despite the overall bad market sentiment. This shows the strength the stock carries. With the stock recording rising volumes near its all-time high levels, one can expect the stock to be trading strongly in upcoming day.

Redington India: The stock surged over 5% on Wednesday. This price action is accompanied by huge volume which is greater than 10 and 30-day average volumes. The stock traded firmly in green throughout the day. The stock bounced from its 100-DMA and looks to gain momentum. One can expect this stock to perform well in near future.

Greaves Cotton: The stock zoomed about 3.63% on trading session of Wednesday. It made some volatile moves last week but was not able to gain the momentum. Above average volume has been recorded today and a close above 160 will mean the stock is ready for the momentum. It trades above all key moving averages, showing bullishness. Rising volumes indicate potential the stock carries, and it is expected that stock will be trendy in days to come.

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