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: IDFC soared more than 10% on Friday. The volume witnessed today was 3.5-fold the 10-day daily average volume. The stock traded firmly in green throughout the day and a strong green candle on the hourly timeframe was witnessed towards the end. The RSI is in the bullish territory on the hourly, daily, and weekly time frame. The stock is an ideal candidate for the BTST trade.
Aavas Financiers: The stock of Aavas rose about 4% on the trading session of Friday. The stock is nearing its resistance level of 2950-3000. It gained good momentum today in the early hours of the trade. It has witnessed strong buying today with RSI at 63. The demand from the bulls is evident from the fact the stock has witnessed above average volumes. The stock has the potential to take out 3000 while the immediate support lies at 2800 which is its 20-DMA.
L&T Technology Services: The stock has risen 2.25% on Friday outperforming the benchmark indices. The LTTS stock is trading strongly for 13 trading sessions and has an RSI of 70 indicating its strong strength on the upside. It has witnessed decent volumes and has had the rejection of its lows showing that the bulls are still interested in the game. The stock could see levels of Rs 5400-5500 very soon.
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