Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 10, 2021, 02:50 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.

IDFC First Bank:  The stock has witnessed a splendid V-shape recovery in the past few days. The stock is trending up since few trading sessions and is up by 5.35% today. Along with this, rising volume has been recorded during this uptrend. The RSI has shot up to 63 and has entered the bullish territory. With strong price action and rising volume, we can expect the stock to continue to same momentum. The stock is an ideal candidate for the BTST trade.

Asian Paints: The stock rose about 3.28% and is the top gainer of Nifty 50 on Friday’s trading session. The stock has shot up over 7% in just 3 days which confirms the bullishness of the stock. The RSI at 62 shows great strength of the stock. In the past 3 days, along with the price increase, volumes have also risen. This implies more participants are interested in holding this stock. The stock has taken out its prior swing high and looks to scale further highs in times to come.  

Delta Corp: The stock has risen 3% on Friday outperforming the benchmark indices. It is trading strongly for 4 trading sessions and has an RSI of 57 indicating its strong strength on the upside. It has witnessed decent volumes and recorded sharp recovery from 245-250 levels. It looks quite bullish and same momentum can be shown by the stock next week.

SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)
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SENSEX
54,326.39
1,534.16 (2.91%)
Nifty 50
16,266.15
456.75 (2.89%)
Nifty Bank
34,276.40
960.75 (2.88%)

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