Intraday Trading: Top Stocks Today - 10 December, 2024

Market Performance

The market’s overall performance during the current session was characterized by a balanced movement, with gains in some sectors being offset by losses in others. The key indices displayed a mixed performance. The benchmark index ended the session with a modest increase, reflecting the overall bullish sentiment. Notably, the market opened higher and maintained its positive momentum throughout the session, indicating strong buying interest among investors.

Sectoral Performance

Sector-wise, gains were led by the healthcare and technology sectors, which benefited from positive developments and upbeat corporate announcements. Energy and financials also performed well, contributing to the market's overall advance. However, the consumer staples and utilities sectors experienced some weakness, weighing on the broader market.

Technical Analysis

Technically, the market has formed a bullish candle pattern, indicating a potential positive outlook for the current session. The market is trading above its crucial moving averages, which is considered a bullish sign. The relative strength index (RSI) is also in a positive zone, suggesting that the market is not overbought at the current levels.

Top Stocks to Buy Today:

1) GODREJCP

Buy GODREJCP shares in intraday timeframe at CMP Rs. 1130.85

2) MAXHEALTH

Buy MAXHEALTH shares in intraday timeframe at CMP Rs. 1115.4

3) STARHEALTH

Buy STARHEALTH shares in intraday timeframe at CMP Rs. 467.55

4) ISEC

Buy ISEC shares in intraday timeframe at CMP Rs. 880.05

Top Stocks to Short Today:

1) CEATLTD

Sell CEATLTD shares in intraday timeframe at CMP Rs. 3369.9

2) WELCORP

Sell WELCORP shares in intraday timeframe at CMP Rs. 795.2

3) EASEMYTRIP

Sell EASEMYTRIP shares in intraday timeframe at CMP Rs. 16.98

4) SUVENPHAR

Sell SUVENPHAR shares in intraday timeframe at CMP Rs. 1296.85

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!