Best Intraday Stocks Today - 07 October, 2024

Team Stratzy -

Market Recap\n\n The equity markets rebounded during today's session, reversing a portion of last session's losses. The broad-based benchmark S&P 500 index surged by a significant percentage, driven by positive earnings reports from several major companies. Tech stocks played a significant role in leading the market higher, with the Nasdaq Composite index also posting a strong gain.\n\n On the downside, the energy sector faced headwinds due to a decline in oil prices. However, the overall market sentiment remained positive, as investors seemed to shrug off concerns related to ongoing trade tensions and geopolitical uncertainty.\n\n Sector performance was mixed, with technology, healthcare, and consumer discretionary stocks leading the gains. The session ended on a positive note, with the markets closing at their highest levels of the day. These gains indicate a potential reversal of the recent downtrend and set the stage for further upside potential in the upcoming sessions.

Top Stocks to Buy Today:

1) KSB

Buy KSB shares in intraday timeframe at CMP Rs. 864.3

2) ASAHIINDIA

Buy ASAHIINDIA shares in intraday timeframe at CMP Rs. 769.55

3) GOCOLORS

Buy GOCOLORS shares in intraday timeframe at CMP Rs. 1304.1

4) DEVYANI

Buy DEVYANI shares in intraday timeframe at CMP Rs. 177.39

Top Stocks to Short Today:

1) VIPIND

Sell VIPIND shares in intraday timeframe at CMP Rs. 556.3

2) NATIONALUM

Sell NATIONALUM shares in intraday timeframe at CMP Rs. 219.28

3) BIRLACORPN

Sell BIRLACORPN shares in intraday timeframe at CMP Rs. 1245.3

4) METROBRAND

Sell METROBRAND shares in intraday timeframe at CMP Rs. 1248.05

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!