Buy or Sell: Intraday Stocks Today - 09 July, 2024

**Previous Session's Market Performance**

The market exhibited a circumspect opening, hovering within a constricted band of 24240-24340. The Nifty closed with a negligible dip of 0.01%.

Meanwhile, the Nifty Midcap 100 trailed the benchmark, posting a loss of 0.35%.

**Sectoral Highlights**

The session witnessed a disparity among sectors. The FMCG and Energy sectors emerged as stalwarts, while PSU Banks and Consumer Durables encountered headwinds.

**Options Market Dynamics**

In the options arena, a substantial concentration of open interest was observed around the 24500 Call and 24000 Put strikes. Increased call writing hinted at a cautious bearish stance.

**Trading Parameters**

The VWAP range stretched from 24190 to 24410, providing a framework for price action. Max Pain rested at 24300 spot, with the combined Residual Premium/Pain Value for Calls and Puts standing at 520.63 Crores. The Put-Call Ratio (PCR) remained at 0.98, indicating a somewhat balanced market sentiment.

**Institutional Activity**

Institutional participation remained buoyant, with FIIs emerging as net buyers to the tune of 60.98 crore. DIIs, on the other hand, made significant purchases amounting to 2866.79 crore.

**FPI Multi Index Futures Activity**

The FPI Multi Index Futures activity recorded mixed signals:

* FINNIFTY FUTURES: +7 * BANKNIFTY FUTURES: -1520 * MIDCPNIFTY FUTURES: -1261 * NIFTYNXT50 FUTURES: +5 * NIFTY FUTURES: -4554

Top Stocks to Buy Today:

1) NAZARA

Buy NAZARA shares in intraday timeframe at CMP Rs. 955.8

2) MTARTECH

Buy MTARTECH shares in intraday timeframe at CMP Rs. 1954.6

3) STARHEALTH

Buy STARHEALTH shares in intraday timeframe at CMP Rs. 572.3

4) ECLERX

Buy ECLERX shares in intraday timeframe at CMP Rs. 2491.1

Top Stocks to Short Today:

1) AFFLE

Sell AFFLE shares in intraday timeframe at CMP Rs. 1428.85

2) HOMEFIRST

Sell HOMEFIRST shares in intraday timeframe at CMP Rs. 1043.35

3) KPITTECH

Sell KPITTECH shares in intraday timeframe at CMP Rs. 1713.35

4) EMAMILTD

Sell EMAMILTD shares in intraday timeframe at CMP Rs. 778.05

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!