Top Intraday Stocks Today

**Previous Trading Session Recap:**

The market experienced an optimistic start, progressing steadily higher. However, profit-taking pressures emerged near the 24400 mark, causing the market to oscillate between 24280 and 24355. The session concluded with a modest gain of 0.06%.

**Nifty Midcap 100 Performance:**

Outshining the Nifty 50, the Nifty Midcap 100 performed exceptionally well, closing with a gain of 0.58%.

**Sector Performance Analysis:**

The Pharma and Healthcare sectors emerged as top performers, while FMCG and Media sectors faced challenges.

**Options Market Observations:**

Open Interest remained high at 24500 Call and 24000 Put. Market sentiment remained neutral, as evidenced by equal writing volumes in both call and put options.

**Technical Indicators:**

The VWAP range extended from 24175 to 24475. Max Pain was observed at the 24300 spot with a combined premium/pain value of 474.67 Crores. The Put-Call Ratio (PCR) stood at 1.026.

**Institutional Activity:**

Foreign Institutional Investors (FIIs) emerged as net buyers, contributing 2575.85 crores to the market. Conversely, Domestic Institutional Investors (DIIs) were net sellers, withdrawing 2375.18 crores.

**Multi Index Futures Activity:**

FINNIFTY FUTURES: -17 BANKNIFTY FUTURES: 4495 MIDCPNIFTY FUTURES: -23 NIFTYNXT50 FUTURES: 5 NIFTY FUTURES: 8902

Top Stocks to Buy Today:

1) RBLBANK

Buy RBLBANK shares in intraday timeframe at CMP Rs. 259.7

2) HDFCBANK

Buy HDFCBANK shares in intraday timeframe at CMP Rs. 1666.9

3) REDINGTON

Buy REDINGTON shares in intraday timeframe at CMP Rs. 217.86

4) AVANTIFEED

Buy AVANTIFEED shares in intraday timeframe at CMP Rs. 609.9

Top Stocks to Short Today:

1) RAYMOND

Sell RAYMOND shares in intraday timeframe at CMP Rs. 3024

2) MAHLIFE

Sell MAHLIFE shares in intraday timeframe at CMP Rs. 638.4

3) KALYANKJIL

Sell KALYANKJIL shares in intraday timeframe at CMP Rs. 498.4

4) VTL

Sell VTL shares in intraday timeframe at CMP Rs. 485.35

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!