Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 09, 2021, 02:38 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.

Unichem Laboratories: The stock surged over 6.5% on Thursday and currently trades above 100-DMA. It was beaten down for a few weeks but has gathered good momentum lately. The stock continues to achieve higher highs which is supported by rising volumes. Today’s volume was higher than the average volume of the past few trading sessions which suggests that the bulls are interested in the stock. It is witnessing a sharp movement in price, and it is expected to continue the same momentum tomorrow as well.

ITC: ITC shot up about 3.69% today. The stock was trading weak in the past few weeks amid bad market sentiments. But in the last three trading sessions, the stock has soared more than 7% with rising volumes. Along with the price increase, it is an indication that the buyers are interested in the stock. The RSI is in the bullish territory on the hourly and daily time frame. One should keep this stock on the radar as it looks attractive for the BTST trade.

Justdial:  The stock surged a massive 12.86% on Thursday. This price action is accompanied by strong volume which has been the highest since July. Such immense volume is only possible through institutional buying. The stock was in a downtrend but today’s price action hints at reversal and possibly an uptrend momentum. RSI shows good strength in the hourly time frame. The stock fits into our BTST parameter and one could include it in their watchlist.

SENSEX
54,208.53
-109.94 (-0.20%)
Nifty 50
16,240.30
-19.00 (-0.12%)
Nifty Bank
34,163.70
-138.20 (-0.40%)
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SENSEX
54,208.53
-109.94 (-0.20%)
Nifty 50
16,240.30
-19.00 (-0.12%)
Nifty Bank
34,163.70
-138.20 (-0.40%)

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