Top Stocks to Buy/Sell Today - 04 July, 2024

**Previous Session's Market Recap**

The market opened with a positive note, establishing a trading range between 24210 and 24310. The benchmark index, Nifty, closed near its intraday high, registering a notable gain of 0.67%. The Nifty Midcap 100 index outperformed its larger counterpart, closing with an impressive 0.79% gain.

**Sector Highlights**

The session witnessed strength in the Banking and Financial Services sectors, while the Energy and Media sectors experienced some challenges.

**Options Market Insights**

Bullish sentiment prevailed in the options market, with higher put writing activity compared to call writing. Open interest remained elevated at 24500 Call and 24000 Put.

**Technical Analysis**

The VWAP range spanned from 24205 to 24375. The Max Pain spot was determined at 24200, with a combined premium/pain value of 966.56 Crores for both Call and Put options.

**Institutional Activity**

FIIs emerged as net buyers, contributing 5483.63 crore to the market. In contrast, DIIs turned net sellers, withdrawing 924.43 crore.

**FPI Multi Index Futures Activity**

FINNIFTY FUTURES: -191 BANKNIFTY FUTURES: 28941 MIDCPNIFTY FUTURES: 494 NIFTYNXT50 FUTURES: -1 NIFTY FUTURES: 2599

Top Stocks to Buy Today:

1) ECLERX

Buy ECLERX shares in intraday timeframe at CMP Rs. 2498.95

2) EPL

Buy EPL shares in intraday timeframe at CMP Rs. 223.3

3) HOMEFIRST

Buy HOMEFIRST shares in intraday timeframe at CMP Rs. 1106.75

4) BBTC

Buy BBTC shares in intraday timeframe at CMP Rs. 2076.5

Top Stocks to Short Today:

1) CREDITACC

Sell CREDITACC shares in intraday timeframe at CMP Rs. 1341

2) ICICIBANK

Sell ICICIBANK shares in intraday timeframe at CMP Rs. 1219.95

3) HUDCO

Sell HUDCO shares in intraday timeframe at CMP Rs. 316.65

4) HFCL

Sell HFCL shares in intraday timeframe at CMP Rs. 122.75

Disclaimer: Remember, the market is a living beast, and even the most informed predictions can be devoured by unforeseen events. While this analysis is based on a thorough rule-based research, the ultimate decision to buy or sell rests with you. Do your own due diligence, consider your risk tolerance, and craft a strategy that aligns with your financial goals. Stratzy provides insights, not guarantees, and cannot be held responsible for any gains or losses incurred in your trading activities. Invest wisely, trade responsibly, and may the market gods favor you!