Intraday Trading: Top Stocks Today - 20 August, 2024

Market Performance Outlook

The stock market embarked on a volatile journey during the last session, with indices experiencing a rollercoaster ride of gains and setbacks. As the session progressed, key indices began the day on a positive note, buoyed by optimism and expectations of favorable earnings reports. However, as the hours went by, the market's momentum shifted, and a wave of selling pressure swept through, driving indices into negative territory.

Despite the fluctuations, the market managed to close with modest gains, indicating resilience and underlying strength. However, investors should exercise caution as the market remains susceptible to further volatility in the current session. Economic data, earnings reports, and geopolitical events could impact market sentiment and drive price movements. Therefore, it is advisable to monitor the market closely and make informed investment decisions based on the latest developments.

Top Stocks to Buy Today:

1) MAZDOCK

Buy MAZDOCK shares in intraday timeframe at CMP Rs. 4567.7

2) VAIBHAVGBL

Buy VAIBHAVGBL shares in intraday timeframe at CMP Rs. 301.35

3) MAHLIFE

Buy MAHLIFE shares in intraday timeframe at CMP Rs. 585.95

4) METROBRAND

Buy METROBRAND shares in intraday timeframe at CMP Rs. 1308.5

Top Stocks to Short Today:

1) SAPPHIRE

Sell SAPPHIRE shares in intraday timeframe at CMP Rs. 1579.4

2) JUBLPHARMA

Sell JUBLPHARMA shares in intraday timeframe at CMP Rs. 902.6

3) NATIONALUM

Sell NATIONALUM shares in intraday timeframe at CMP Rs. 171.99

4) FINCABLES

Sell FINCABLES shares in intraday timeframe at CMP Rs. 1475.9

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!