Intraday Signals: Top Intraday Trades to make today - 26 December, 2024

Market Performance Recap

The equity market witnessed a noteworthy session during the current day's trading, exhibiting a trend of bullish sentiment. Indices surged higher, propelled by positive economic data and strong earnings reports from key industry players. The broader market also performed admirably, with a significant number of stocks closing with healthy gains, contributing to the overall market rally.

Sectoral Performance

During the current session, sectoral performance was mixed. The technology sector was a standout performer, led by gains in software and semiconductor stocks. Energy stocks also gained ground, benefiting from rising oil prices. In contrast, the healthcare sector faced headwinds, with pharmaceuticals and biotechnology stocks posting losses.

Individual Stock Performance

Among individual stocks, notable gainers included:

* **Company A:** Surged on the back of strong earnings and a positive analyst upgrade. * **Company B:** Climbed higher after announcing a major acquisition that is expected to enhance its market share.

Conversely, notable losers included:

* **Company C:** Declined due to disappointing quarterly results. * **Company D:** Fell sharply on profit-taking after a recent rally.

Technical Analysis

Technically, the market remains in an uptrend, with key indices holding above their support levels. The current session's surge has reinforced this trend and suggests that the market momentum remains strong. However, it is important to note that markets are subject to fluctuations, and short-term corrections should not be ruled out.

Expectations for Tomorrow

As we look ahead to tomorrow's trading session, market analysts are cautiously optimistic. Positive economic indicators and continued earnings reports are likely to provide support for the market. However, investors should remain vigilant and monitor any potential headwinds that could impact market performance.

Top Stocks to Buy Today:

1) STARHEALTH

Buy STARHEALTH shares in intraday timeframe at CMP Rs. 489.5

2) KAJARIACER

Buy KAJARIACER shares in intraday timeframe at CMP Rs. 1132.3

3) COROMANDEL

Buy COROMANDEL shares in intraday timeframe at CMP Rs. 1850.95

4) MANKIND

Buy MANKIND shares in intraday timeframe at CMP Rs. 2939.85

Top Stocks to Short Today:

1) PRINCEPIPE

Sell PRINCEPIPE shares in intraday timeframe at CMP Rs. 401.7

2) ECLERX

Sell ECLERX shares in intraday timeframe at CMP Rs. 3594.65

3) FLUOROCHEM

Sell FLUOROCHEM shares in intraday timeframe at CMP Rs. 4347.35

4) VIPIND

Sell VIPIND shares in intraday timeframe at CMP Rs. 471.95

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!