Top 3 Stocks for Day Trading on 3 Oct 2025 (CBA)

1. NVIDIA (NVDA)‌

Technical Setup:

Price Action: Closed at $188.89 (+0.88%), held above 10-day EMA ($186.50).

Key Levels:

Support: $188.06 (intraday low Oct 2) → $185.00 (psychological level).

Resistance: $189.62 (Oct 2 high) → $191.05 (52-week high).

Volume & Sentiment :

136.8M shares traded (below avg.), but options show bullish bias (Call/Put = 2.14).

Institutional ownership remains strong (Vanguard + BlackRock = 17% combined).

Trade Plan:

Entry: $188.50 (pre-breakout consolidation).

TP1: $190.00 (immediate resistance).

TP2: $191.05 (ATH scalp).

SL: $186.50 (below EMA).

Risk/Reward : 1:2.5 (1.3% risk vs. 3.3% reward).

2. Apple (AAPL)

Technical Setup:

Price Action: Closed at $257.13 (+0.66%), testing ascending channel resistance.

Key Levels:

Support: $255.45 (Oct 2 low) → $254.15 (20-day EMA).

Resistance: $258.18 (Oct 2 high) → $260.10 (52-week high).

Volume & Sentiment :

42.6M shares traded (low volatility), but 5-day capital inflows (+$390M).

High analyst conviction (20 Buy ratings, avg. PT $248-$310).

Trade Plan:

Entry: $256.50 (pullback to intraday VWAP).

TP1: $258.50 (channel resistance).

TP2: $260.00 (momentum breakout).

SL: $254.00 (below EMA + psychological support).

Risk/Reward : 1:2 (1% risk vs. 2% reward).

3. Tesla (TSLA)

Technical Setup:

Price Action: Closed at $436.00 (-5.11%), broke below 50-day SMA ($440).

Key Levels:

Support: $435.57 (Oct 2 low) → $420.00 (July swing low).

Resistance: $440.25 (prior support → resistance).

Volume & Sentiment :

137M shares traded (high selling pressure), with put-heavy options (IV = 65.46%).

Short-term oversold (RSI = 28), but macro risks (oil-driven risk-off) linger.

Trade Plan:

Entry: $435.00 (oversold bounce play).

TP1: $445.00 (gap fill + SMA).

TP2: $450.00 (psychological resistance).

SL: $429.00 (below Oct 2 low).

Risk/Reward : 1:3 (1.4% risk vs. 4.3% reward).

Risk Management Notes

Position Sizing: Allocate ≤2% capital per trade; NVDA/AAPL prioritized for lower volatility.

News Monitoring: Track OPEC+ supply decisions (10:30 AM ET) and Fed speaker commentary.

Adaptation: Tighten SLs if indices break below Oct 2 lows (SPX <6,693).