Best Intraday Stocks Today - 11 February, 2025
Market Performance Recap:
The equity markets experienced a tumultuous session during the current session, with volatility prevailing throughout the trading day. The benchmark index opened with a modest gain, buoyed by positive sentiments from global markets. However, profit-booking and selling pressure emerged later in the day, leading to a pullback in key sectors.
The broader market also faced headwinds, with most sectors ending in the red. Technology, financial, and healthcare stocks were among the major decliners, weighing on overall market performance. Conversely, a few defensive sectors managed to provide some stability, minimizing the broader market weakness.
Outlook for the Current Session:
Technical analysis indicates that the market may continue to face challenges in the current session. Key support and resistance levels will play a crucial role in shaping price action. Market participants should closely monitor global cues, economic data, and corporate earnings for any potential triggers that could influence sentiment.
Overall, the market remains in a cautious state, with investors adopting a wait-and-see approach. Profit-taking and volatility are expected to persist, making it essential for traders to exercise risk management strategies and monitor market developments closely.
Top Stocks to Buy Today:
1) SUNTV
Buy SUNTV shares in intraday timeframe at CMP Rs. 606.65
2) JINDALSAW
Buy JINDALSAW shares in intraday timeframe at CMP Rs. 241.8
3) POLYMED
Buy POLYMED shares in intraday timeframe at CMP Rs. 2251.65
4) RAJESHEXPO
Buy RAJESHEXPO shares in intraday timeframe at CMP Rs. 176.35
Top Stocks to Short Today:
1) MAHLIFE
Sell MAHLIFE shares in intraday timeframe at CMP Rs. 382.85
2) SCHAEFFLER
Sell SCHAEFFLER shares in intraday timeframe at CMP Rs. 3188.9
3) CHOLAHLDNG
Sell CHOLAHLDNG shares in intraday timeframe at CMP Rs. 1457.25
4) RELAXO
Sell RELAXO shares in intraday timeframe at CMP Rs. 517.35
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!