Are you looking for Best Intraday Stocks For Tomorrow? Alright, Let’s discuss about Dixon Technologies and 2 other intraday stocks.
Best Intraday Stocks For Tomorrow
1) Dixon Technologies
Dixon Technologies share Prediction For Tomorrow: First Stock in our list of Best Intraday Stocks For Tomorrow is Dixon Technologies.
Dixon Technologies, an Indian electronics manufacturing services (EMS) company, is a leader in contract manufacturing for major brands. Founded in 1993, they’ve grown into a major player with 17 manufacturing plants across India and over 15,000 employees.
Their expertise lies in creating consumer durables, home appliances, lighting solutions, mobile phones, and security systems. They’re the go-to manufacturer for big names like Samsung, Xiaomi, Panasonic, and Philips. They handle everything from design to production, including LED televisions (their biggest product), washing machines, and LED bulbs.
Here’s a quick summary:
Company: Dixon Technologies
Current Price: ₹8418.55
Market Cap: ₹50,361 crore
Recent Performance: Up 191.07% in one year
Segment: Electronic Goods
Please Note: This post contains only short sell entry, target and stop loss of all 3 stocks. For intraday entry, target and stop loss of all 3 stocks visit our youtube channel.
KEY LEVELS:
ENTRY – ABOVE 8500
TARGET – 8540 and 8580
STOP LOSS – 8460
2) IDFC FIRST BANK
IDFC FIRST BANK share Prediction For Tomorrow:
Second Stock in our list of Best Intraday Stocks For Tomorrow is IDFC FIRST BANK.
IDFC First Bank, a result of the 2018 merger between IDFC Bank and First Bank, is a noteworthy player in the Indian banking sector. As of May 12th, 2024, it closed at ₹76.55 on the NSE.
Analysts hold a generally positive outlook, with an average rating of “Buy” for the stock. This optimism aligns with the bank’s strong profit growth, exceeding 28.8% over the past five years.
It’s important to consider that the 52-week range for IDFC First Bank sits between ₹53.35 and ₹100.70, indicating some volatility. However, with a market capitalization exceeding ₹54,000 crore, it remains a significant player.
Here’s a quick summary:
Company: IDFC FIRST BANK
Current Price: ₹76.55
Market Cap: ₹54,130 crore
Segment: Bank – Private
Recent Performance: 19.52% Up in one year.
KEY LEVELS:
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 75
TARGET – 74 and 73
STOP LOSS – 76
3) Astral LTD
Astral LTD share Prediction For Tomorrow: Third Stock in our list of Best Intraday Stocks For Tomorrow is Astral LTD.
Astral Ltd., a leading player in pipes, conduits, and sanitaryware in India, is currently closed at ₹2,158.65. This represents a strong market position, with a market capitalization exceeding ₹57,987 crore.
The company boasts impressive financial health. It maintains a low debt profile and a history of steady profit growth, averaging over 21% for the past five years. This financial strength is reflected in analyst ratings, with some maintaining a “hold” position while others might have a more bullish outlook.
It’s important to note that Astral Ltd. stock also experiences some fluctuation, with a 52-week range of ₹1529.85 to ₹2,164.90. However, considering its consistent growth and strong financial foundation, Astral remains an attractive option for investors seeking exposure to the building materials sector in India.
Here’s a quick summary:
Company: Astral LTD
Current Price: ₹2,158.65
Market Cap: ₹57,987 crore
Industry: Plastic – Tubes/Pipes/Hoses and Fittings
KEY LEVELS:
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 2145
TARGET – 2130 and 2120
STOP LOSS – 2160
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