Best Intraday Stocks Today

**Previous Session's Recap:**

Following an early surge, the market experienced a substantial retreat during the initial hours of the weekly expiry. However, buying impetus at lower levels propelled a market recovery, resulting in a positive conclusion with a moderate gain of 0.36 percent.

The Nifty Midcap 100 index underperformed its broader counterpart, settling with a modest 0.01 percent increase.

Despite the fluctuations, certain sectors exhibited notable strength during the trading session. Private Banks and IT sectors emerged as top performers, contributing to the market's recovery. On the opposite end, Energy and PSU Bank stocks faced challenges and remained under pressure throughout the session.

The options market analysis indicated a positive market sentiment, evidenced by the higher open interest on the call side compared to the put side. Furthermore, the put writing activity exceeded call writing, suggesting a bullish bias in the market.

Technical indicators, such as the Volume Weighted Average Price (VWAP), suggest a trading range for today's session between 22375 and 22640. Additionally, the Max Pain point is observed at 22500 spot, with a CE/PE Combined Residual Premium/Pain Value of 166.34 Crores.

In the cash segment, Foreign Institutional Investors (FIIs) played a predominantly selling role, with a net activity totaling 1136.47 crore. Conversely, Domestic Institutional Investors (DIIs) also engaged in net selling, with an activity of 893.11 crore.

Top Stocks to Buy Today:

1) CGCL

Buy CGCL shares in intraday timeframe at CMP Rs. 224.4

2) ANGELONE

Buy ANGELONE shares in intraday timeframe at CMP Rs. 2955.8

3) DABUR

Buy DABUR shares in intraday timeframe at CMP Rs. 507.8

4) AJANTPHARM

Buy AJANTPHARM shares in intraday timeframe at CMP Rs. 2197.95

Top Stocks to Short Today:

1) CREDITACC

Sell CREDITACC shares in intraday timeframe at CMP Rs. 1534.85

2) DMART

Sell DMART shares in intraday timeframe at CMP Rs. 4657.45

3) DELHIVERY

Sell DELHIVERY shares in intraday timeframe at CMP Rs. 463.05

4) TRENT

Sell TRENT shares in intraday timeframe at CMP Rs. 4014.65

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!