Intraday Stocks to Buy: Watch these stocks for 1st August 2023, Tuesday:- Today we are here with two intraday stocks to consider for Today's market, August 1st 2023. Those 2 stocks in our watch list are Grasim Industries Ltd and Can Fin Homes Ltd. Both these stocks are near to the breakout levels and can be consider for intraday buying in today's market. Intraday trading means, you should consider these stocks only for day trading. To get the entry point, you can see the breakout levels marked for each stocks in Intraday chart given Below. Also you can see the Targets and Stop loss for these stocks for Today. Also check our previous intraday stocks watch list posted on 31st July 2023.
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Grasim Industries Ltd Share buy above 1855
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| Grasim Industries Ltd Share buy above 1855 |
Grasim Industries Ltd is the first intraday breakout stock in our list for today's market. We have see that Grasim Industries Ltd moved more than 1.50 percentage to hit a new 52 week high of 1855 levels. So we are expecting more upward movement on this stock's on Today's market above this levels. We have marked the 52 week high as the intraday resistance level for today market, if the market open above this level or on this level you can expect a target in Grasim Industries of 1870, 1885 levels with a stop loss below 1840 levels. If the stock opens in gap down wait for the entry levels to get active, otherwise please avoid this stock for buying or selling. Overall the trend for Grasim Industries is bullish, only look for buying only.
- Grasim Industries Ltd(GRASIM) stock breakout above 1855
- Stop loss can be considered below 1840
- Targets 1870, 1885
- lot Size 475
- Grasim Industries Ltd current market price is 1849
Can Fin Homes Ltd share Buy above 754
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| Can Fin Homes Ltd share Buy above 754 |
Can Fin Homes Ltd is the second and last stock in our list, where you can consider it for buying in today's market. Current market price for Can Fin Homes Ltd is trading at the price of 751 levels. There is a negative news for Can Fin Homes Ltd, 38 crore misappropriation in its Ambala branch on last week. Stock fell more than 7% because of this news. But Can Fin Homes took support in the hourly chart given above at 730 levels and moved 2.50 percentage Yesterday. So I am expecting a recovery on this stock if it breakout from the intraday range. Above 754 levels can give a target of 760,766,772 with a stop loss of 745. But if the market moves below 745 levels can move it to 730 levels today. So please wait the levels to activate and then take the decision to buy or sell on this stock.
- Can Fin Homes Ltd(CANFINHOME) stock breakout above 754
- Stop loss can be considered below 745
- Upside Targets 760,766,772
- Down side Target 730
- lot Size 975
- Can Fin Homes Ltd current market price is 751
Conclusion
So we have seen the Intraday trading levels for Grasim Industries Ltd and Can Fin Homes Ltd. Grasim Industries Ltd(GRASIM) stock breakout above 1855 and Can Fin Homes Ltd(CANFINHOME) stock breakout above 754, make sure the levels are activated to enter in to these stocks to get the targets ad mentioned above. Please mark the levels in your Trading View chart and with Volume and pivot point indicators for the breakout conformation. All the levels posted in here are for study purpose and trade at your own risk.
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