These stocks are experiencing a solid intraday setup; do you hold any?
Are you looking for stocks with strong intraday setup? Check out this article to learn more.
Nifty 50 opened strongly at 18,871.95 – a new all-time high compared to yesterday's close of 18,758.35. This occurred in the context of strong global stimuli. Leading Wall Street indices rose on Wednesday as Federal Reserve Chairman Jerome Powell said that rate hikes would slow as soon as next month.
This resulted in gains for large technology companies while Treasury yields fell. In overnight trade, Nasdaq Composite rose 4.41 per cent, Dow Jones gained 2.18 per cent, and S&P 500 jumped 3.09 per cent.
Nifty 50 was trading higher at 18,874.8 at 09:24 a.m., up 116.45 points or 0.62 per cent. When compared to Large-Cap indices, broader markets performed mixed. Nifty Mid-Cap 100 Index gained 0.2 per cent, and the Nifty Small-Cap 100 index was trading up by 0.6%.
According to November 30 statistics, FIIs were net purchasers, while DIIs were net sellers. Foreign Institutional Investors (FII) invested Rs 9,010.41 crore in shares. DIIs (domestic institutional investors) sold shares worth Rs 4,056.4 crore.
The following is a list of strong stocks with a powerful intraday setup.
Stock Name
|
CMP (Rs)
|
Change (%)
|
Volume
|
Mazagon Dock Shipbuilders Ltd.
|
921.5
|
1.4
|
9,21,682
|
Likhitha Infrastructure Ltd.
|
482.0
|
2.6
|
7,39,748
|
PB Fintech Ltd.
|
459.9
|
1.6
|
3,34,682
|
State Bank of India
|
605.1
|
0.4
|
8,84,721
|
Varun Beverages Ltd.
|
1,254.6
|
0.4
|
7,50,719
|
Tata Motors Ltd.
|
441.0
|
0.4
|
9,59,000
|
Jindal Steel & Power Ltd.
|
539.3
|
0.7
|
5,86,656
|
Reliance Industries Ltd.
|
2,741.5
|
0.4
|
6,91,308
|
Adani Ports and Special Economic Zone Ltd.
|
885.7
|
0.5
|
3,97,026
|
KPIT Technologies Ltd.
|
720.0
|
0.7
|
2,46,255
|
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