Intraday Trading: Top Stocks Today - 03 October, 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 stocks today on 03 October, 2024
Market Recap
The equity markets closed the last session on a mixed note, with some sectors performing remarkably while others faced headwinds. \n\nThe benchmark index, Nifty 50, witnessed a modest uptick of 0.35%, settling at 17,853.65 points. On the other hand, the broader Nifty 500 index displayed a more modest gain of 0.18%, indicating a broad-based performance. Sectorally, IT and Healthcare stocks were the standout performers, contributing significantly to the positive market sentiment. \n\nAt the global level, major indices traded mostly in the green. Asian markets closed mixed, with some indices registering gains while others faced losses. European markets opened higher and maintained their upward momentum throughout the session. U.S. futures pointed to a positive opening for Wall Street at the time of writing. \n\nAs we move into the current session, market participants will be closely monitoring the release of key economic data and corporate earnings reports. These factors have the potential to influence market direction and provide insights into the overall health of the economy.
Top Stocks to Buy Today:
1) KSB
Buy KSB shares in intraday timeframe at CMP Rs. 913
2) ASAHIINDIA
Buy ASAHIINDIA shares in intraday timeframe at CMP Rs. 764
3) GOCOLORS
Buy GOCOLORS shares in intraday timeframe at CMP Rs. 1378.8
4) DEVYANI
Buy DEVYANI shares in intraday timeframe at CMP Rs. 190.96
Top Stocks to Short Today:
1) VIPIND
Sell VIPIND shares in intraday timeframe at CMP Rs. 542.65
2) NATIONALUM
Sell NATIONALUM shares in intraday timeframe at CMP Rs. 223.6
3) BIRLACORPN
Sell BIRLACORPN shares in intraday timeframe at CMP Rs. 1282.35
4) METROBRAND
Sell METROBRAND shares in intraday timeframe at CMP Rs. 1267.75
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!