Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 13, 2021, 02:34 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 times 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 superstar 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.

Linde India: The stock rose about 5.40% on Monday. The stock currently trades above 2630 and has bounced back from its low of 2417 in just 5 trading sessions. Today, it broke its 50-DMA resistance and has scaled higher with bigger volumes. In the last 5 days, it has experienced a selling pressure at higher levels but today, it has broken those levels decisively. Along with this, huge volume has been registered today confirming the participation of institutions. The stock is likely to continue the same momentum it has been showing since past few days and it is a good stock to trade for tomorrow.

Max healthcare: The stock of Max Healthcare has zoomed over 5% today. It currently trades at its all-time high level of 400. It has been trading strong since past 4 days with rising volumes. After today’s price action and volume, the stock is expected to continue the same momentum. A strong green candle shows the buyer’s interest and is attractive for the short term.

EIH Hotels: EIH Hotels has been trending since past few days as it manages to bounce back from its lows. It has broken its 20-DMA level decisively and rising volumes have been witnessed for third straight day. The RSI has jumped from 41 to 52 indicating the good strength of the stock. Along with being up over 2% today, the volume recorded today is greater than 10-day average volume. The stock has gained momentum and looks bullish for next day.

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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