Superstar stocks for tomorrow!

resr 5paisa Research Team

Last Updated: 7th December 2021 - 02:44 pm

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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.

Havells: The stock rose about 3.17% on Tuesday. It has been trading strongly for a few days. Today, it broke it’s trendline having a downward slope. This breakout is confirmed with larger volume being recorded and the stock is expected to march higher in upcoming days. The stock can invite gap-ups due to the breaking of the trendline.

Anupam Rasayan Limited: The stock is up by almost 3% on Tuesday’s trading session. It has been trading directionless for past few days. The stock formed a long wick at the lower level, which indicates strong buying. Above-average volume was recorded today. The stock crosses its 20-DMA and looks bullish for short term. Interesting point to note that the stock is closing at day’s high, so one can expect the stock to perform strongly tomorrow.

Trent: The stock rallied about 2.92% on the trading session of Tuesday and it looks to bottom out near its 100-DMA. A strong green candle with larger volume has been witnessed after many days and hints at possible reversal. Larger volumes indicate that the momentum be strong in the coming days, and one could keep this stock on their watchlist.

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