Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Nov 16, 2021, 02:39 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. 

Mahindra & Mahindra: M&M made a V-shaped recovery on the daily timeframe as it tries to break its 52-week high. The stock surged about 3.88% on the trading session of Tuesday and is among the top gainers of Nifty 50. Today’s volume was higher than the average volume of the past few trading session which suggests that the bulls are interested in the stock. The stock gained momentum in the latter half of the session as it looks to continue its momentum on the upside.

NHPC: NHPC soared a massive 8.18% on Tuesday as it looks to test its recent high again. We could see momentum building up as volumes are increasing. The stock traded negatively in red for most of the day but a huge buying was seen in the afternoon confirming some activity in the stock. The RSI is in the bullish territory on the hourly, daily, and weekly time frame. One should keep this stock on the radar as it looks attractive for the BTST trade.

Sterlite Technologies:  The stock traded firmly in green throughout the day as it gained 7.75% on Tuesday. The stock has witnessed good volumes today and it is trading near its 52-week high level of 315-320 as it looks for a breakout. RSI shows good strength in the hourly time frame. The stock fits into our BTST parameter and one could include it in their watchlist.

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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