Best Intraday Stocks To Buy Or Sell For 15 September 2023

On Thursday, robust gains in banks, autos, and real estate stocks contributed to benchmark indices finishing slightly higher. At the time of closing, the Nifty was up 33.10 points or 0.16 percent at 20,103.10 while the Sensex was up 52.01 points or 0.08 percent at 67,519.00. Among the major gainers on the Nifty were UPL, Hindalco Industries, ONGC, M&M, and Eicher Motors, while the top losers were Asian Paints, Coal India, ITC, LTIMindtree, and Britannia Industries. The FMCG index closed with a fall of 0.15% at 52,143.20 on the sectoral front, while the oil and gas, real estate, metal, and PSU Bank indexes all saw gains of 1%. 1.02% and 1.15 per cent, respectively. The broader indices BSE midcap and Smallcap indices gained 1.02% and 1.15 percent respectively.

Market Outlook Today

Commenting on the market outlook today, Vinod Nair, Head of Research at Geojit Financial Services said, "The market traded range-bound after touching a new high as higher-than-expected US inflation and anticipation of hawkish ECB policy meetings later today impacted investor sentiment. Concern over valuation and inflation trajectory due to increasing oil prices may navigate the market into a consolidation phase in the near-term."

S Ranganathan, Head of Research at LKP securities said, "Banks, Autos & Realty stocks helped Benchmark Indices close in the Green as we approached the festive season. Several stocks were seen buzzing around across sectors in the broader markets in today's trade with interested buying witnessed in Sugar stocks on reports of dip in production from Maharashtra on account of deficient rains. Positive Data Points across key metrics in August kept investors on their toes."

Intraday Stocks To Buy Today

AR Ramachandran from Tips2Trades has picked up 2 intraday stocks to buy today on Friday.

Coffee Day

Coffee Day stock price is slightly bullish down and could test the next resistance of 63.65 on the Daily charts. Only a daily close below support of 48.1 could lead to a target of 30 in the near term.

Hindalco Industries

Hindalco looks bullish on the Daily charts and could test the next resistance of 549. Only a daily close below support of 486 could lead to a lower target of 418 in the near term.

Disclaimer

The recommendations made above are by market analysts and are not advised by either the author, nor Greynium Information Technologies. The author, nor the brokerage firm nor Greynium would be liable for any losses caused as a result of decisions based on this write-up. Goodreturns.in advises users to consult with certified experts before making any investment decision.