Intraday Signals Today: Best Stocks for 18 December, 2024
**Today's Market Recap**
The current market session exhibited a notable shift in investor sentiment compared to the previous session. After a period of consolidation in the last session, the market opened with a discernible upward trajectory this morning, propelled by positive economic data and strong corporate earnings reports.
As the session progressed, the bullish momentum continued to gather pace, with key indices reaching their highest levels in several weeks. The broader market, represented by indices such as the Dow Jones Industrial Average and the S&P 500, experienced substantial gains, supported by a broad-based rally across various sectors. Technology and healthcare stocks were among the standout performers, contributing to the overall positive sentiment.
However, towards the end of the session, concerns surrounding rising inflation and potential interest rate hikes did temper some of the initial optimism. This led to a modest pullback in the closing hours, resulting in the market finishing slightly below its intraday peaks.
Overall, the current market session was characterized by a bullish bias, with investors displaying increased confidence in the long-term outlook. The strong gains witnessed during today's session provide a promising foundation for potential growth in the upcoming sessions.
Top Stocks to Buy Today:
1) FIVESTAR
Buy FIVESTAR shares in intraday timeframe at CMP Rs. 743.75
2) M&M
Buy M&M shares in intraday timeframe at CMP Rs. 3031.25
3) JKCEMENT
Buy JKCEMENT shares in intraday timeframe at CMP Rs. 4675.75
4) WESTLIFE
Buy WESTLIFE shares in intraday timeframe at CMP Rs. 829.35
Top Stocks to Short Today:
1) CSBBANK
Sell CSBBANK shares in intraday timeframe at CMP Rs. 322.95
2) INDUSTOWER
Sell INDUSTOWER shares in intraday timeframe at CMP Rs. 345.15
3) PPLPHARMA
Sell PPLPHARMA shares in intraday timeframe at CMP Rs. 267.3
4) RAINBOW
Sell RAINBOW shares in intraday timeframe at CMP Rs. 1600.5
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!