Best Short-term /Intraday stocks to Buy Now on 26-july-2021 | INTRADAY STOCKS TODAY

Introduction

Hope you enjoyed our previous post on short-term and intraday stocks posted last week. Today we are back with few short-term and intraday stocks buy suggestions for next week. After 2 days of bears in the market, last Friday bulls came back and its a good sign for investors. So as applying some technical and fundament analysis , some stocks are given below.

All the stocks mentioned hear are near breakout or some are breakout and waiting for pull back to get entry and few are on trend line support, where you can enter at that levels. The some of the stocks are Poly Medicure, Srikalahasthi pipe, Dalmia Bharat, solara active, Dalmia Bharat sugar etc. 


Dalmia Bharat Sugar & Industries Ltd


Short-term /Intraday targets of Dalmia Bharat Sugar & Industries Ltd
Short-term /Intraday targets of Dalmia Bharat Sugar & Industries Ltd


Dalmia Bharat Sugar and Industry are mainly involved in sugar production, energy production, industrial Alcohol production and production of refractory products. The company plans to increase its sugar capacity by 5,000 TCD and its distillery capacity by 8-15 liters per year for the next three years.
The company has 5 production facilities. Three of them are located in the state of Uttar Pradesh and 2 are in Maharashtra. The company has reduced its debt and the Company is expected to deliver positive results.

Short-term /Intraday targets of Dalmia Bharat Sugar & Industries Ltd

  • Buy half of the quantity at 442- 450 range
  • Average if you get at 425 range 
  • stop loss can be 410-412 on daily close basis
  • Targets are 470,482,498,525
  • current Market price is 458.65

Dalmia Bharat Ltd Chart Analysis

Short-term /Intraday targets of Dalmia Bharat Ltd
Short-term /Intraday targets of Dalmia Bharat Ltd


Dalmia Bharat is involved in the cement manufacturing and selling business. The company was founded in 1939 and is the fifth largest cement producer in India. Currently, the company has 13 production facilities throughout India with a capacity of 30.75 MnTPA cement.

The company’s 5 plants are located in the eastern region, four in the southern region and 4 in the northeastern region of India. It is the only cement company with at least one plant in four key districts east of West Bengal, Bihar, Jharkhand and Odisha. The company has a base of ~ 800,800 customer base centers throughout India. It supplies its cement to less than 32,500 retailers and distributors nationwide.
This stock is trading at 3.4 times of its book value and its a negative for it.

Short-term /Intraday targets of Dalmia Bharat Ltd

  • This one only try by risky traders, small risk involved
  • Buy above 2311 after the breakout
  • stop loss can  be 2108
  • targets can be 2335, 2421,2533

Poly Medicure Ltd Chart Analysis

Short-term /Intraday targets of Poly Medicure Ltd
Short-term /Intraday targets of Poly Medicure Ltd


Poly Medicure Limited is a manufacturer based in India and exports medical devices. The company exports disposables items / surgical tools. The company owns and operates 8 production facilities worldwide. The company is facing stiff competition in the global market from MNCs like Baxter, Becton Dickinson, Boston Scientific, etc.

The company has reduced its debt. The company has a positive profit growth of 23.01% CAGR over the past five years. The company has been keeping a good dividend rate of 21.01%. The negative side of Stock is Trading 9.97 times more than its book value.

Short-term /Intraday targets of Poly Medicure Ltd

  • can add at 980-970 range
  • average at 950 range
  • Stop loss can be 905
  • targets can be 1020,1075, 1135
  • more bullish above 1029

Srikalahasthi Pipes Ltd Chart Analysis

Short-term /Intraday targets of  Srikalahasthi Pipes
Short-term /Intraday targets of  Srikalahasthi Pipes

Srikalahasti Pipes Ltd is one of the leading DI pipeline industry in India and was established in 1991. Its products include DI Pipes, Pig Iron, Coke & Cement. The Srikalahasti pipe has an backward integrated manufacturing area that includes sinter plant, coke oven plant, power plant and Sewage Treatment facilities that spread over 330 hectares. Some of its clients in the market are Larsen & Toubro, NCC Limited, Indian Hume Pipes Ltd.

Short-term /Intraday targets of  Srikalahasthi Pipes

  • can add at 220-221 range
  • average at 210-212 range
  • Stop loss can be 208
  • targets can be 232,240,259
  • more bullish above 227
  • currently trading at 221.7

Solara Active Pharma Sciences Ltd Chart Analysis

Short-term /Intraday targets of  Solara Active Pharma Sciences Ltd
Short-term /Intraday targets of  Solara Active Pharma Sciences Ltd

Solara Active Pharma Sciences conducts business of manufacturing, processing, construction, marketing, importing, exporting, marketing, distribution, trade and performance of active pharmaceutical ingredients. 

Company has reduced its debts that is the positive thing. But there are some negatives too for this, its trading 4 times of its book value and return on equity is low for last 3 years. so only risky traders try this stock for intraday or positional/swing.

Short-term /Intraday targets of  Solara Active Pharma Sciences Ltd

  • Buy only above 1726
  • near breakout level, wait for it
  • Stop loss can be 1640
  • targets can be 1787,1850,1891
  • now trading at 1708
  • can enter at 1673 levels also
  • only risky traders

Orient Bell Ltd Chart Analysis

Short-term /Intraday targets of  Orient Bell Ltd
Short-term /Intraday targets of  Orient Bell Ltd

Orient Bell is involved in the business of producing, trading and selling ceramic tiles and floor tiles. The company has reduced its debt. But its fundamentals are not soo good, its only for short-term. The company has a poor sales growth in last five years and this is the negative side of this company.

Short-term /Intraday targets of  Orient Bell Ltd

  • Buy only above 370
  • near breakout level, wait for it
  • Stop loss can be 340
  • targets can be 385,400,406
  • now trading at 357
  • can enter at 360-361 levels also for risky traders
  • only risky traders

Conclusion

All The stocks mentioned and can be try both in intraday and positional trading. Always do your own analysis before entering any trade. Some of the trades are risky trades so read and analysis before trade on it. We are not SEBI registered and all chart analysis and levels are provided for educational purposes.

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