Intraday Signals: Top Intraday Trades to make today

Market Performance in the Last Session

The markets witnessed a notable performance in the last session, showcasing a positive trend. Key indices displayed a promising ascent, with the NSE Nifty scaling new heights by surpassing its previous closing level. Furthermore, the broader market also participated in this rally, with the BSE Sensex experiencing a similar surge. Several sectors contributed to this positive market sentiment, including consumer goods, financials, and technology.

Sectoral Performance

Consumer goods stocks performed exceptionally well during the last session. Companies such as Hindustan Unilever and ITC witnessed a significant uptick in their share prices due to positive investor sentiment. The financial sector also showcased a commendable performance, driven by banking and insurance stocks. Public sector banks like State Bank of India and ICICI Bank posted gains, while private sector banks such as HDFC Bank and Axis Bank also contributed to the overall positive trend.

Technology stocks witnessed a buoyant rally, driven by strong buying activity. IT giants like Tata Consultancy Services (TCS) and Infosys Technologies (Infy) surged, boosting the sector's performance. Additionally, pharmaceutical stocks displayed resilience, with major players such as Sun Pharmaceutical and Dr. Reddy's Laboratories showing signs of stability.

Outlook for Today

Given the positive momentum witnessed in the last session, the markets are expected to continue their upward trajectory today. Global cues and economic data will continue to influence market sentiment. If positive trends prevail, the markets could extend their gains further, leading to a positive trading session today.

Top Stocks to Buy Today:

1) BDL

Buy BDL shares in intraday timeframe at CMP Rs. 1169.35

2) METROBRAND

Buy METROBRAND shares in intraday timeframe at CMP Rs. 1250.4

3) TTKPRESTIG

Buy TTKPRESTIG shares in intraday timeframe at CMP Rs. 812.3

4) 360ONE

Buy 360ONE shares in intraday timeframe at CMP Rs. 1190

Top Stocks to Short Today:

1) INDIAMART

Sell INDIAMART shares in intraday timeframe at CMP Rs. 2304.3

2) EASEMYTRIP

Sell EASEMYTRIP shares in intraday timeframe at CMP Rs. 15.62

3) CONCORDBIO

Sell CONCORDBIO shares in intraday timeframe at CMP Rs. 2155.65

4) ISEC

Sell ISEC shares in intraday timeframe at CMP Rs. 849.15

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!