Superstar stocks for tomorrow!

resr 5paisa Research Team

Last Updated: 25th November 2021 - 02:46 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.

Century Textiles: The stock rose about 5.89% on Thursday. The stock made a double bottom before bouncing back. It made a strong green candle with big volume as it closes above 50-DMA. The volume recorded today is 3-fold the previous trading session. Closing positive since 3 trading sessions, the stock continues its momentum and one can find this stock to trade even higher in coming days.

Apollo Hospitals: The stock of Apollo Hospitals zoomed over 4% in today’s trading session.  The stock is trading near its all-time high and above average volume witnessed today indicates the buying pressure. The stock is rallied in rent times and looks to continue this momentum evident from its price action. The RSI shows great strength at 73 as the stock looks to scale newer highs.  A strong green candle shows the buyer’s interest and is attractive for short term.

Ador welding: Taking support of its 20 and 50-DMA, the stock surged 8% on the trading session of Thursday. The volume recorded today is greater than 10 and 30-day average volumes. The stock has corrected a little after recording its all-time high level. Strong institutional buying evident from the higher volume indicate a possibility for more upside. The stock looks to gain momentum and will test its all-time high levels shortly.

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