Intraday Signals: Top Intraday Trades to make today - 28 January, 2025
**Market Performance**
The market extended its downward trajectory in the last session, closing on a negative note. Key indices exhibited a persistent decline, propelled by a combination of economic uncertainties and profit booking. The broader markets also mirrored the trend, with both mid and small-cap stocks experiencing significant losses.
Sectorally, most sectors ended the session in the red, with metals, mining, and banking stocks leading the decline. Defensive sectors like pharmaceuticals and consumer staples offered some respite, but their gains were insufficient to counterbalance the broader market weakness.
The market's downward momentum was further exacerbated by a weakened global sentiment. Overnight cues from major international markets pointed to a negative opening for the current session, suggesting continued pressure on Indian equities.
Going into the current session, investors will closely monitor the global market trend and domestic economic data for cues on the market's direction. The release of key economic indicators, such as the Index of Industrial Production (IIP) and the Consumer Price Index (CPI), could further influence market sentiment.
Top Stocks to Buy Today:
1) CREDITACC
Buy CREDITACC shares in intraday timeframe at CMP Rs. 870.55
2) INGERRAND
Buy INGERRAND shares in intraday timeframe at CMP Rs. 3574.75
3) JSWSTEEL
Buy JSWSTEEL shares in intraday timeframe at CMP Rs. 917.55
4) MINDACORP
Buy MINDACORP shares in intraday timeframe at CMP Rs. 531.85
Top Stocks to Short Today:
1) TCI
Sell TCI shares in intraday timeframe at CMP Rs. 999.9
2) YESBANK
Sell YESBANK shares in intraday timeframe at CMP Rs. 18.36
3) LATENTVIEW
Sell LATENTVIEW shares in intraday timeframe at CMP Rs. 405.15
4) BANKINDIA
Sell BANKINDIA shares in intraday timeframe at CMP Rs. 108.18
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!