Intraday Signals Today: Best Stocks for 02 January, 2025

Market Performance Recap

The market had a robust performance in the last session, extending its upward trajectory from the previous week. Indices closed at their highest levels, signaling continued investor confidence and optimism.

The benchmark index, the Nifty 50, surged by 1.2%, settling at a record peak of 18,920. This marks the ninth consecutive session of gains for the index, the longest winning streak in nearly a year. The broader market also participated in the rally, with the Small Cap index rising by 0.8% and the Mid Cap index climbing by 1.1%.

Sectorally, the broader market participated in the rally, with most sectors ending in the green. Financials, IT, and healthcare led the gains, while consumer staples and utilities were the only two sectors that ended lower.

Overall, the market has started the current session on a positive note with strong gains across the board. The recent market momentum suggests continued investor confidence and optimism, and we can expect further gains in the upcoming session, barring any unforeseen events.

Top Stocks to Buy Today:

1) EASEMYTRIP

Buy EASEMYTRIP shares in intraday timeframe at CMP Rs. 15.57

2) AWL

Buy AWL shares in intraday timeframe at CMP Rs. 326

3) ATGL

Buy ATGL shares in intraday timeframe at CMP Rs. 745.6

4) SUVENPHAR

Buy SUVENPHAR shares in intraday timeframe at CMP Rs. 1110.25

Top Stocks to Short Today:

1) MAZDOCK

Sell MAZDOCK shares in intraday timeframe at CMP Rs. 2246.45

2) BBTC

Sell BBTC shares in intraday timeframe at CMP Rs. 2242

3) MSUMI

Sell MSUMI shares in intraday timeframe at CMP Rs. 59.3

4) GOCOLORS

Sell GOCOLORS shares in intraday timeframe at CMP Rs. 959.6

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!