Are you looking for Best Intraday Stocks For Tomorrow? Alright, Let’s discuss about M&M and 2 other intraday stocks.
List Of Best Intraday Stocks For Tomorrow
1) M&M
M&M share Prediction For Tomorrow: The First Stock in our list of Best Intraday Stocks For Tomorrow is M&M.
Mahindra & Mahindra (M&M) stock is up today, closing at ₹2,371.75 on May 16, 2024. This is a 3.01% increase from the opening price and reflects a positive trend for the year so far, with a gain of 33.13%.
The company operates in various sectors including farm equipment, automobiles, and financial services. Analysts seem optimistic with 14 giving it a “strong buy” rating and 19 a “buy” rating. The P/E ratio is lower than the sector average, indicating the stock might be undervalued.
Here’s a quick summary:
Company: M&M
Current Price: ₹2,371.75
Market Cap: ₹294933 crore
Recent Performance: Up 87.87% in one year
Segment: Automobile
KEY LEVELS:
ENTRY – 2395-2400
TARGET – 2410 and 2415, 2420
STOP LOSS – 2385
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 2377
TARGET – 2370 and 2365, 2360
STOP LOSS – 2385
2) BEL
BEL share Prediction For Tomorrow: The second Stock in our list of Best Intraday Stocks For Tomorrow is BEL.
BEL (Bharat Electronics Limited) is a prominent player on the Indian stock exchange, known for its role in the country’s defense sector. The company manufactures radars, communication equipment, missiles, and other critical defense technologies.
BEL stock has seen steady growth, with its current performance (as of May 16, 2024) reflecting that trend. While specific price movements depend on the day’s trading, BEL generally benefits from increased government defense spending and modernization initiatives.
Here’s a quick summary:
Company: BEL
Current Price: ₹237.90
Market Cap: ₹173,899 crore
Segment: Aerospace & Defence
Recent Performance: 119.36% Up in one year.
ENTRY ABOVE – 240
TARGET – 242 and 244, 246
STOP LOSS – 237
KEY LEVELS:
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 237
TARGET – 235 and 233
STOP LOSS – 240
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3) GUJGASLTD
GUJGASLTD share Prediction For Tomorrow: The Third Stock in our list of Best Intraday Stocks For Tomorrow is GUJGASLTD.
GUJGASLTD, the ticker symbol for Gujarat Gas Limited, represents a company distributing natural gas in Gujarat and Diu. As natural gas plays an increasingly important role in India’s energy mix, GUJGASLTD could be an interesting option for investors.
Here’s a quick summary:
Company: GUJGASLTD
Current Price: ₹550.90
Market Cap: ₹37,923 crore
Segment: Gas Distribution
Recent Performance: 13.25% Up in one year.
ENTRY ABOVE – 554-555
TARGET – 558 and 560, 565
STOP LOSS – 550
KEY LEVELS:
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 550
TARGET – 547 and 545
STOP LOSS – 553
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