Superstar stocks for tomorrow!

Superstar stocks for tomorrow!

by 5paisa Research Team Last Updated: Dec 09, 2022 - 11:18 am 45.8k Views
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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.

Shipping Corporation of India Limited: The stock has rocketed by 8.38% on Thursday and has approached its all-time high level of 145. It witnessed a four-fold increase in volumes from its previous day’s volume indicating active participation from the institutions. Huge volume was recorded in the second half of Thursday's trading session. The stock trades above all key moving averages, and the RSI is also strong at 64. We could possibly see the stock breaking its record high from hereon as we observe big volumes for a few days. The stock traded firmly in green throughout the day. One should include it in their watchlist given the potential it has for the coming days.

Escorts India: The stock jumped a whopping 10.68% on the trading session of Thursday, as it tends to achieve newer highs. It witnessed heavy volumes of about 17 million which is also the highest in many months. With RSI already above 72, the stock looks to be super bullish already. With the stock showing no signs of slowing down, one can expect the stock to be trading at even higher prices for upcoming trading sessions.

Cyient: The stock of Cyient gained about 3.41% when the overall market was in red. It looks to continue the momentum as it is up nearly 100 points from its recent low in just 3 trading sessions. The stock witnessed huge buying at lower levels forming a wick at the bottom. The stock recorded big volumes as the session comes to an end. The RSI is in bullish territory and looks attractive for BTST trade.

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