Intraday Signals: Top Intraday Trades to make today

Market Performance:

The market opened with a positive note, extending its gains from the last session. Key indices displayed a steady upward trend throughout the day, supported by strong buying interest in select sectors.

The benchmark index, the Nifty 50, commenced trading at a higher level and continued to surge during the first half of the session. It reached its intraday high in the afternoon, propelled by gains in IT, pharma, and banking stocks. The index witnessed some profit-taking later in the session but managed to close the day with a significant gain, settling above its opening level.

The broader market also witnessed a positive trend. The Nifty Midcap 100 index and the Nifty Smallcap 100 index registered gains, mirroring the performance of the benchmark index. The sentiment remained optimistic, with breadth indicating that a majority of stocks advanced.

Overall, the market displayed a bullish undertone, indicating a continuation of the positive momentum witnessed in the last session. Investors should continue to monitor the trend today, as any unexpected events or economic data could influence the market's direction.

Top Stocks to Buy Today:

1) CCL

Buy CCL shares in intraday timeframe at CMP Rs. 652.35

2) SUVENPHAR

Buy SUVENPHAR shares in intraday timeframe at CMP Rs. 1156.75

3) CONCORDBIO

Buy CONCORDBIO shares in intraday timeframe at CMP Rs. 2342.15

4) PHOENIXLTD

Buy PHOENIXLTD shares in intraday timeframe at CMP Rs. 1618.4

Top Stocks to Short Today:

1) REDINGTON

Sell REDINGTON shares in intraday timeframe at CMP Rs. 232.09

2) TTKPRESTIG

Sell TTKPRESTIG shares in intraday timeframe at CMP Rs. 730.05

3) INDIGO

Sell INDIGO shares in intraday timeframe at CMP Rs. 4408.3

4) JUBLPHARMA

Sell JUBLPHARMA shares in intraday timeframe at CMP Rs. 1017.25

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!