Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 13, 2022 - 10:33 pm 43.2k 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 would help traders to spot the superstar stocks for tomorrow at the right time!

Here are the superstar stocks for tomorrow.

Godrej Industries: The stock has surged about 4.33% on Thursday. It crossed above its 20 and 50-DMA decisively and trades above its short-term resistance of 600. Along with this, it is trading near to its day’s high. This price action is supported by huge volume which indicates active participation from clients. The RSI is still in bullish territory, and one might see the stock trade higher in upcoming day.

Rashtriya Chemicals and Fertilizers (RCF): The stock of RCF rose about 3.61% today. It has been trading strong since few trading sessions. There has been an increase in volumes in the past 2 days. Today, it trades above its 200-DMA and RSI is at 65, showing bullishness. With strong price action accompanied with rising volume, the stock is expected to remain bullish the next day.

Intellect Design Arena: The stock is up by 3.79% on Thursday’s trading session. It made a V-shape recovery on the daily chart and has been trading strong since then. We observe that the volumes are on a rise. The stock is likely to continue the momentum tomorrow and it is expected to gap-up tomorrow.

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