Top 3 Stocls for Day Trading on 29 Sep 2025 (CBA)

1. NVIDIA (NVDA)

Technical Setup:

Price Action: Closed at $178.19 (+0.28%) on 29 Sep. Intraday range on 26 Sep: $174.93–$179.77.

Key Levels:

Support: $177.72 (26 Sep low)

Resistance: $178.22 (26 Sep high). Breakout above $179.77 could target $184.55 (52-week high).

Volume: 148.57M shares (26 Sep), with bullish capital inflow ($1.75B big inflow).

Indicators: Forward P/E at 39.66 (above historical avg), RSI neutral (no divergence).

Catalysts:

AI Dominance: $100B AI infrastructure investments, Blackwell GPU adoption accelerating.

Earnings Strength: Data center revenue +112% YoY, though gaming segment faces supply constraints.

Trade Plan:

Entry: Above $178.50 (breakout confirmation).

TP: $184.50 (4% gain).

SL: Below $176.50 (1% risk).

2. Tesla (TSLA)

Technical Setup:

Price Action: Closed at $440.40 (+4.02%) on 29 Sep. Intraday range on 26 Sep: $421.02–$440.47.

Key Levels:

Support: $428.30 (29 Sep open).

Resistance: $441.25 (26 Sep high). Breakout above $440.47 could retest $488.54 (52-week high).

Volume: 101.63M shares (26 Sep), with elevated short volume (9.02% on 26 Sep).

Catalysts:

AI/Robotaxis : Wedbush $600 PT on AI/autonomy growth; Q3 deliveries near 500K units.

European Sales Risk: August EU registrations fell 36% YoY, but China/NA demand offsets.

Trade Plan:

Entry: Above $441.25 (breakout) or dip to $428.30 (support).

TP: $475.00 (7% upside).

SL: Below $420.00 (4% risk).

3. Advanced Micro Devices (AMD)

Technical Setup:

Price Action: Closed at $159.46 (-1.12%) on 29 Sep. Intraday range on 26 Sep: $157.05–$162.11.

Key Levels:

Support: $157.05 (26 Sep low).

Resistance: $160.48 (26 Sep resistance).

Volume: 30.32M shares (lower liquidity vs. peers).

Catalysts:

AI Partnerships: Expanded collaboration with Cohere for full-stack AI integration.

Valuation: Forward P/E 40.86 (below sector avg), targeting $184.58 analyst PT.

Trade Plan:

Entry: Break above $160.50 (ascending triangle breakout).

TP: $170.00 (6% gain).

SL: Below $156.00 (2% risk).

Risk Management:

Market Sentiment: Monitor pre-market futures for broader tech sector trends.

News Triggers: NVDA/TSLA earnings volatility; AMD partnership updates.

Position Sizing: Allocate 40% NVDA, 40% TSLA, 20% AMD based on volatility.