Superstar stocks for tomorrow!

resr 5paisa Research Team

Last Updated: 9th December 2022 - 05:53 am

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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.

KEI Industries: The stock rose about 5.77% on Wednesday. The stock has been trading strong since few days and recorded its new all-time high today. Above average volumes have been witnessed today which indicates interest from the institutions. It looks to continue the momentum on the higher side as indicated by rising volumes. The technical parameters show no signs of reversal as RSI is at 70 and short term trendline has not been breached. The stock can invite gap-ups as strong buying is evident from past few days.

Chambal Fertilizers: The stock was trading sideways since few trading sessions. It is up 4.61% today and has broken its trading range of 350-375. It has recorded almost 3-fold the previous day’s volume. The RSI shows good strength as 60 as the stock looks to gain momentum. A strong green candle after a long time certainly shows buyer’s interest and is attractive for short term.

Vodafone Idea: The telecom stock rallied 4.25% on the trading session of Wednesday and continues to gain some momentum on the higher side. The stock trades above all moving averages and RSI is also rising. Volumes have increased since last week as buyers are interested in the stock, which is evident from its price.  Above average volumes indicate that the momentum will stay strong for coming days, and one could keep this stock in their watchlist.

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