Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 15, 2021 - 02:34 pm 42.8k Views

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.

Sun Pharmaceuticals:  This Pharma stock surged over 2% on Wednesday. It has recording increase in volume since past 3 days. The stock experienced selling pressure at higher levels but today, it broke out decisively. The stock crossed above its 20-DMA and is bullish for short term. It currently trades at its day’s high and is likely to continue the same momentum next day.

Bajaj Electric: The stock rose over 10% today. This price action is accompanied by huge volume which is greater than 10 and 30-day average volume. The stock traded firmly in green throughout the day. With such huge volume and price action, the stock is expected to gap-up next day and most likely should continue the momentum.

Stove Kraft: The stock jumped about 6% on Wednesday. It was trading a narrow range before breaking out with huge volume. Above-average volume has been recorded today and currently trades above all the key moving averages, showing bullishness. Rising volumes indicate the potential the stock carries, and it is expected that stock will be trending tomorrow.

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