Buy or Sell: Intraday Stocks Today - 09 April, 2024

The market concluded its previous session with a positive trajectory, marking a notable high. The Nifty index surged to an unprecedented peak of 22,697, buoyed by robust global influences. Similarly, the Nifty Bank index achieved a record high at 48,716. Throughout the session, the automotive, real estate, and Oil & Gas sectors exhibited sustained strength. Broader market indices also performed favourably, with the S&P BSE Mid-Cap index climbing 0.26% and the S&P BSE Small-Cap index experiencing a marginal decline of 0.06%. In terms of technical analysis, 22,550 serves as a crucial support level for Nifty (spot), while 22,800 represents a resistance level for the current session.

Top Stocks to Buy Today:

1) SCHAEFFLER

Buy SCHAEFFLER shares in intraday timeframe at CMP Rs. 3244.05

2) EIHOTEL

Buy EIHOTEL shares in intraday timeframe at CMP Rs. 479.45

3) WESTLIFE

Buy WESTLIFE shares in intraday timeframe at CMP Rs. 823.9

4) ZYDUSWELL

Buy ZYDUSWELL shares in intraday timeframe at CMP Rs. 1573

Top Stocks to Short Today:

1) CANFINHOME

Sell CANFINHOME shares in intraday timeframe at CMP Rs. 834

2) MANKIND

Sell MANKIND shares in intraday timeframe at CMP Rs. 2379.95

3) PRESTIGE

Sell PRESTIGE shares in intraday timeframe at CMP Rs. 1279.7

4) APLAPOLLO

Sell APLAPOLLO shares in intraday timeframe at CMP Rs. 1592.95

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 favour you!