Best Intraday Stocks Today - 16 January, 2025

Previous Session:

The domestic stock market witnessed a positive surge in the last session, showcasing an impressive upward trajectory. The benchmark indices, the Nifty and Sensex, both closed with significant gains, demonstrating a bullish trend among investors. The market opened on an upbeat note and gradually gained momentum throughout the day, shrugging off early volatility.

The Nifty index rose by a respectable margin, breaching a crucial resistance level and setting a new high for the session. The broader market sentiment mirrored this upward trend, with several sectors contributing to the positive momentum. Overall, the last session was characterized by robust buying activity, leading to a healthy advance in stock prices.

Top Stocks to Buy Today:

1) TCS

Buy TCS shares in intraday timeframe at CMP Rs. 4230.55

2) NAVINFLUOR

Buy NAVINFLUOR shares in intraday timeframe at CMP Rs. 3771.35

3) SRF

Buy SRF shares in intraday timeframe at CMP Rs. 2532.55

4) NESTLEIND

Buy NESTLEIND shares in intraday timeframe at CMP Rs. 2181.1

Top Stocks to Short Today:

1) SHOPERSTOP

Sell SHOPERSTOP shares in intraday timeframe at CMP Rs. 620.95

2) IRFC

Sell IRFC shares in intraday timeframe at CMP Rs. 141.6

3) ADANIGREEN

Sell ADANIGREEN shares in intraday timeframe at CMP Rs. 1090.1

4) WELCORP

Sell WELCORP shares in intraday timeframe at CMP Rs. 775.75

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!