Are you looking for the Best Intraday Stocks For Tomorrow? Alright, Let’s discuss about JINDAL STEEL, BIOCON and 2 other intraday stocks.
List Of Best Intraday Stocks For Tomorrow
1) JINDAL STEEL
JINDAL STEEL share Prediction For Tomorrow: First Stock in our list of Best Intraday Stocks For Tomorrow is JINDAL STEEL.
Jindal Steel & Power (JINDALSTEL) is up today, closed at ₹978.45 as of May 14th, 2024. This is a 4.15% increase from its opening price. JSPL has seen significant growth this year, up 25.58%, and over the past year it has grown 70.42%. The current price sits between its 52-week high of ₹983 and its 52-week low of ₹503.
Jindal Steel is a major supplier of steel and rail products in India. The company boasts a healthy market cap of over ₹982 billion. With a P/E ratio of 18.26.
Here’s a quick summary:
Company: JINDAL STEEL
Current Price: ₹978.45
Market Cap: ₹99810 crore
Recent Performance: Up 70.42% in one year
Segment: Iron And Steel
KEY LEVELS:
(Please Note: In this post you will get short sell entry, target and stop loss of all the stocks which is suggested by me on my youtube channel. To get intraday levels of all stocks please watch youtube video on my youtube channel, also available at the end of this post)
ENTRY – BELOW 975
TARGET – 970 and 965
STOP LOSS – 980
2) ASTRAL
ASTRAL share Prediction For Tomorrow: The second Stock in our list of Best Intraday Stocks For Tomorrow is ASTRAL.
Astral (ASTRAL) is currently trading around ₹2,211.55, down slightly for the day. As of May 14th, 2024, it’s seen good growth this year, up around 16.15%.
Astral is a financially strong company, nearly debt-free, and boasts a healthy market cap of over ₹59,408 crore. They’ve delivered consistent profit growth, averaging over 21% for the past five years.
However, the stock’s Price-to-Earnings (PE) ratio sits at 97.47, which is higher than the industry average. This could indicate the stock might be priced a bit high relative to its earnings.
Here’s a quick summary:
Company: ASTRAL
Current Price: ₹2,211.55
Market Cap: ₹59,408 crore
Segment: Plastics
Recent Performance: 40.55% Up in one year.
KEY LEVELS:
Below are the short sell entry, targets and stop loss.
ENTRY – BELOW 2200
TARGET – 2180 and 2170
STOP LOSS – 2220
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3) BIOCON
BIOCON share Prediction For Tomorrow: The Third Stock in our list of Best Intraday Stocks For Tomorrow is BIOCON.
Biocon (BIOCON), a leading Indian biopharmaceutical company, is currently closed around ₹310.90 (as of May 14, 2024). Its performance this year has been mixed.
Biocon focuses on generic drugs, novel biologics, and research & development (R&D) for complex therapies. They have a strong presence in the global market, especially for biosimilars. Recent partnerships and successful drug trials could be catalysts for future growth.
Here’s a quick summary:
Company: BIOCON
Current Price: ₹310.90
Market Cap: ₹37,326 crore
Segment: Biotechnology
Recent Performance: 26.85% Up in one year.
KEY LEVELS:
ENTRY – ABOVE 313
TARGET – 315 and 318
STOP LOSS – 310
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