Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Nov 17, 2021, 02:32 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.

PVR Limited: PVR was taking support at its 20-DMA for four trading sessions before shooting up 3.31% on Thursday outperforming broader indices. Volume recorded today is 1.5 times the previous day’s volume. It is nearing its 52-week high which is at 1840, and we could possibly see a breakout from hereon. The stock traded firmly in green throughout the day and RSI is showing strength on hourly, daily, and weekly time frame. PVR witnessed huge buying in the latter half of the session. The stock should be the trader’s watchlist given the potential it has for the coming days.

GlaxoSmithKline Pharmaceuticals Limited: The stock is showing good strength for a few days. It is up almost 13% in this month out of which it gained 4.72% today. The stock is trading firmly in green throughout the day and witnessed above average volumes indicating active participation of the clients. The RSI is in bullish territory and the stock looks attractive for BTST trade.

Home First Finance Company: The stock rallied 4.61% on the trading session of Thursday, as it outperformed the benchmark indices. The stock traded in a narrow range of 720-750 entire November before breaking out. It is already trading at its all-time high at 775. RSI shows good strength in every time frame. The above-average volume witnessed since a few trading sessions indicate that the momentum will stay strong for the coming days, and one could keep this stock on 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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