Today Best Intraday stocks (Thursday, November 25, 2021): Daily Intraday tips of NSE/BSE stock market are available here. Intraday is also known as day trading. Our expert provides daily 2 best stocks on which you can do your day trading. We will also mention the reason why you should trade on that particular stocks. There are thousands of stocks are listed on the NSE or BSE platform. We can not invest in all the stocks neither we know all the stock’s names available in the stock markets. Especially beginners who are new in the stock market can also follow our daily tips that are available here. We provide today’s Tomorrow stocks tips daily. If you are interested to know the best stocks on which you can trade tomorrow then you can read our whole article.
Before proceeding to the main content please read the following disclaimer: All the stocks that we are going to mention here are provided by Amit Trivedi author on the economictimes.indiatimes.com news, who is a Senior Technical Analyst in Yes Securities. The stock market is subjected to market risk please take suggestions from your finance advice before investing in the stock market.
2 Best IntraDay stocks for tomorrow trades: Equity recommendation
Stock 1: The first stock that is recommended for intraday is Chambal Fertilizers (CHAMBLFERT). The Traders should buy this stock near at Rs 377-375 with a stop loss of Rs 365. It is advised to book profit at the target price of Rs 400.
Reason to Trade on Chambal Fertilizers Share: The CHAMBLFERT share With sustained move above the 50-day average, the stock has formed multiple bullish candles. Positive follow-up action above 380 could lift the stock to the 400 zones.
Stock 2: The second stock that is recommended for day trading is UPL (UPL). The investor sells this stock near at Rs 725-730 with a stop loss of Rs 745. It is suggested to take the exit on the target price of Rs 680.
Reason to trade on UPL Share: A swift sell-off in the recent past has broken various support levels. Intraday recovery remained short-lived, finding stiff resistance near Rs 735, which ensured the influence of resistance at play. A negative follow-up could drag the stock below the Rs 700 zone.
|Stock Name||Buy/ Sell Price||Target Price||SL|
|Chambal Fertilizers||buy INR 377-375||INR 400||INR 365|
|UPL||Sell INR 725-730||INR 680||INR 745|
Why you should trade on 2 stocks daily?
If we want to gain profit then our golden rule for intraday is to invest in the best stocks. Most traders invest in 3 stocks but you should invest in the two best stocks on the basis of your analysis. You should always do your analysis for tomorrow’s stocks on the previous night. Apart from that, you should always keep your eye on investing in the fresh IPO listing. Just check the GMP of the IPO and always buy on the IPO on the last day of the IPO bidding date. You can always welcome to check out the Economy section for the best IPO suggestion.
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What is Intraday trading?
The “Intraday” word comes from two different words which simply means ‘within the day. Now in a team of trading, it simply means you have to sell the stocks that you have to buy in the same day before closing the market otherwise it would be sold automatically by the brokers. The person who does intraday are usually known as day traders