Intraday Signals: Top Intraday Trades to make today - 02 December, 2024

Discover the latest insights into the dynamic Indian stock market with our comprehensive guide on today's top stocks for both buying and shorting on an intraday basis. Here are the best intraday signals for 02 December, 2024

Intraday Signals: Top Intraday Trades to make today - 02 December, 2024

**Market Overview**

The equity market witnessed a positive trend in the last session, with major indices closing at their highest levels in several weeks. The benchmark index surged by a significant percentage, driven by gains across various sectors. The broader market also showcased strength, with mid and small-cap stocks contributing to the overall rally. Positive economic data and upbeat earnings reports further boosted investor sentiment.

Sector Performance

The technology sector emerged as a notable performer, with several blue-chip companies reporting impressive financial results. Healthcare and consumer discretionary stocks also played a significant role in the market's advance. Energy companies benefited from rising oil prices, while financials remained relatively stable.

Market Sentiment

Market sentiment remained upbeat throughout the last session, with investors exhibiting optimism towards the upcoming earnings season and the broader economic outlook. Positive news regarding the progress of vaccination efforts and the reopening of businesses further strengthened investor confidence.

Outlook for Today's Session

Analysts expect the positive momentum to continue in the current session. Key factors to watch include the release of economic data, earnings announcements from major corporations, and geopolitical developments. Investors should also keep an eye on technical indicators and market sentiment to gauge potential trading opportunities.

Top Stocks to Buy Today:

1) CREDITACC

Buy CREDITACC shares in intraday timeframe at CMP Rs. 890.4

2) RAJESHEXPO

Buy RAJESHEXPO shares in intraday timeframe at CMP Rs. 235.33

3) DABUR

Buy DABUR shares in intraday timeframe at CMP Rs. 522.6

4) MARICO

Buy MARICO shares in intraday timeframe at CMP Rs. 639.1

Top Stocks to Short Today:

1) ADANIGREEN

Sell ADANIGREEN shares in intraday timeframe at CMP Rs. 1405.05

2) HDFCLIFE

Sell HDFCLIFE shares in intraday timeframe at CMP Rs. 648.1

3) PATANJALI

Sell PATANJALI shares in intraday timeframe at CMP Rs. 1821.5

4) SUNTECK

Sell SUNTECK shares in intraday timeframe at CMP Rs. 512

Disclaimer: Remember, the market is a living beast, and even the most informed predictions can be devoured by unforeseen events. While this analysis is based on a thorough rule-based research, the ultimate decision to buy or sell rests with you. Do your own due diligence, consider your risk tolerance, and craft a strategy that aligns with your financial goals. Stratzy provides insights, not guarantees, and cannot be held responsible for any gains or losses incurred in your trading activities. Invest wisely, trade responsibly, and may the market gods favor you!