Are you looking for Best Intraday Stocks To Buy Tomorrow: Stock For (3 May 2024)? Alright, Let’s discuss about HFCL and 2 other best intraday stocks. Nifty 50 is currently trading at its all time high.
Nifty 50
The Nifty 50, a key benchmark index for the Indian stock market, is currently closed at 22,648.20 (as of May 2nd, 2024). This is a 0.19% up from the opening price.
Best Intraday Stocks To Buy Tomorrow
1) HFCL
HFCL share Prediction For Tomorrow: First Stock in our list of Best Intraday Stocks To Buy Tomorrow is HFCL. HFCL, a telecom infrastructure company, is currently closed at ₹103.60. This is a 3.08% increase from its opening price today. The stock has gained around 60.74% so far this year.
HFCL, also known as Himachal Futuristic Communications Limited, is a versatile force in India’s telecom infrastructure realm. Specializing in infrastructure development, system integration, and telecom equipment manufacturing, HFCL provides a diverse array of products. From fiber optic cables to WiFi solutions and network management systems, they cater to a wide range of telecom needs.
Here’s a quick summary:
Company: HFCL
Current Price: ₹103.60 (as of May 2nd, 2024)
Market Cap: ₹14, 946 crore
Recent Performance: Up 60.74% in one year
Dividend Yield: 0.19%
KEY LEVELS:
ENTRY – Above 104.50
TARGET – 107 and 109
STOP LOSS – 102
If it opens obove than 106 then
ENTRY – Above 107
TARGET – 109 and 110
STOP LOSS – 105
2) Polycab
Polycab share Prediction For Tomorrow: Second Stock in our list of Best Intraday Stocks To Buy Tomorrow is Polycab.
Polycab, a leading wires and cables manufacturer, is currently closed at ₹5792.50, up 2.22% today. The stock boasts impressive gains, rising 32.14% in the past quarter and 78.23% over the past year.
Here’s a snapshot of Polycab:
Company: Polycab
Current Price: ₹5792.50 (as of May 2, 2024)
Segment: Cables
Recent Performance: On its all time high.
KEY LEVELS:
ENTRY – Above 5810
TARGET – 5840 and 5860
STOP LOSS – 5780
Short Sell:
Below are the short sell levels of Polycab Share.
ENTRY – Below 5775
TARGET – 5750
STOP LOSS – 5800
3) Jubilant FoodWorks
JUBLFOOD share Prediction For Tomorrow: Third Stock in our list of Best Intraday Stocks To Buy Tomorrow is JUBLFOOD.
Jubilant FoodWorks, the company behind Domino’s Pizza India, is a powerhouse in the Indian food service industry. Their stock, JUBLFOOD, is currently closed at ₹457.55, down 1.22% today.
Despite the small dip, Jubilant FoodWorks boasts a strong brand portfolio and a dominant market share in pizza delivery. The company is known for its consistent growth and profitability. However, recent stock performance has been modest, with a slight decline today and a 1.01% decrease year-to-date. Overall, JUBLFOOD is a solid choice for investors seeking exposure to the Indian food service sector.
Here’s a quick look at Jubilant FoodWorks:
Company: Jubilant FoodWorks (JUBLFOOD)
Current Price: ₹457.55 (as of May 2, 2024)
Market Cap: ₹30191 crore
Industry: Consumer Food
KEY LEVELS:
ENTRY – Above 460
TARGET – 463 and 465
STOP LOSS – 457
Short Sell:
Below are the short sell levels of JUBLFOOD Share.
ENTRY – Below 457
TARGET – 454, 452
STOP LOSS – 460
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