Intraday Trading: Top Stocks on NSE Today

**Previous Session's Market Overview**

The prior trading session witnessed the Nifty navigate a constrained range between 22430 and 22540, ultimately ending the day without significant movement.

The Nifty Midcap 100 index emerged as a standout performer, posting a noteworthy gain of 0.56 percent.

Within the diverse sector landscape, Realty and Banking emerged as beacons of strength, demonstrating resilience throughout the session. Conversely, IT and Media encountered challenges, stumbling to weaker performance levels.

An examination of the options market reveals that the highest open interest for call options resides at the 23000 level, while the put options hover around 22500. Today's option chain suggests a preponderance of call writing activity relative to put writing, hinting at a tempered market sentiment.

The Volume Weighted Average Price (VWAP) projects a potential trading range for today between 22375 and 22630. The Max Pain level currently stands at 22500 spot, with a CE/PE Combined Residual Premium/Pain Value of 184.57 Crores.

In the cash market, Foreign Institutional Investors (FIIs) acted as net buyers, contributing 1659.27 crores to the market's activity. In contrast, Domestic Institutional Investors (DIIs) assumed a net selling position, withdrawing a total of 3370.42 crores.

Top Stocks to Buy Today:

1) BANDHANBNK

Buy BANDHANBNK shares in intraday timeframe at CMP Rs. 184.2

2) GRANULES

Buy GRANULES shares in intraday timeframe at CMP Rs. 447.65

3) UNIONBANK

Buy UNIONBANK shares in intraday timeframe at CMP Rs. 156.65

4) RELAXO

Buy RELAXO shares in intraday timeframe at CMP Rs. 844.05

Top Stocks to Short Today:

1) IDEA

Sell IDEA shares in intraday timeframe at CMP Rs. 13.1

2) SFL

Sell SFL shares in intraday timeframe at CMP Rs. 984.55

3) GLAND

Sell GLAND shares in intraday timeframe at CMP Rs. 1796.9

4) AIAENG

Sell AIAENG shares in intraday timeframe at CMP Rs. 4070.5

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!