Intraday or very short-term stock trading can deliver profits if you are thorough with your research and understanding of the stock markets
Short-term stock trading carries significantly more risk in comparison to long-term stock investment. But if you have some funds to spare, you can certainly try your hand at intraday or short-term stock trading. Here are some options you can consider in terms of which stock is bullish for tomorrow.
Akzo Nobel India Ltd. – Currently trading at around Rs 4,066, stock price of Akzo Nobel India Ltd is expected to touch Rs 4,123 in the near future. Just a few days back, the stock price of Akzo Nobel India Ltd had touched Rs 4,338 on 9th October. The company is in the business of enamels, paints, varnishes and lacquers.
Anant Raj Limited – A leading real estate company based in Delhi-NCR, Anant Raj Limited has been witnessing significant growth since 2022. Stock price of Anant Raj Limited has been on the rise since 2022. The current stock price is Rs 767.50, which is currently at its highest. It is possible that the stock may gain some more with the ongoing rally. However, there could be risks as well, since investors may be looking to book profits.
BF Utilities Ltd. – Based in Pune, BF Utilities Ltd. is focused on electricity generation through wind mills. The company also has a presence in the infrastructure development sector. Current share price is Rs 1,056.90, which is around the highest of all time. Here too, there is an opportunity, although profit bookings by investors can bring the share prices down.
Bosch Limited – A leading engineering company, Bosch Limited offers a wide variety of products and services. Stock price of Bosch Limited is currently at Rs 38,800, which is quite close to its 52-week high. Bosch Limited has acquired significant trust and confidence among consumers, something that can boost sales and improve share prices in the near future.
Dredging Corporation of India Ltd. – Primarily focused on maintenance dredging at seaports, Dredging Corporation of India Ltd. stock price is currently at Rs 1,109.40. With increasing port activity in India and development of new ports, companies like Dredging Corporation of India Ltd. have a bright future. The highest stock price in 2024 was Rs 1,438 in July.
IPCA Laboratories Ltd. – A Mumbai-based pharmaceutical company, IPCA Laboratories Ltd has presence in both domestic and international markets. Most pharma stocks are essentially evergreen stocks. Stock price of IPCA Laboratories Ltd. is currently at Rs 1,682.85. There appears to be a rally in play right now, which can probably continue in the near future.
Kitex Garments Limited – One of the leading producers of children’s apparel, Kitex Garments Limited is located in Kerala. The company supplies its products to top brands in the USA and Europe. Current share price is Rs 534.80. There is a possibility of further increase in share price, as the company is looking to boost its presence in international markets. The current rally in stock prices seen in the last few days can be sustained in the coming days as well.