Top Stocks to Buy/Sell Today - 13 August, 2024
Explore the leading Indian stock market selections primed for potential profits and lucrative short-selling prospects within the day's trading window! Explore top intraday stocks today for 13 August, 2024
**Previous Session's Market Summary:**
Following an initially dip, our market swiftly regained lost ground during the morning hours. However, this momentum waned in the afternoon, resulting in a marginally negative close with a 0.08% loss. The Nifty Midcap 100 stood out as a bright spot, registering a solid gain of 0.27%.
**Sectoral Performance:**
Outperforming sectors included Realty and Consumer Durables, while Media and PSU Banks languished behind.
**Options Market Snapshot:**
Open Interest was concentrated in the 24800 Call and 24000 Put. Sentiment leaned towards mild bearishness, as call writing outpaced put writing.
**Trading Range Analysis:**
The VWAP range extended from 24195 to 24520. Max Pain was located at 24350, with a Put-Call Ratio (PCR) of 0.792.
**Institutional Activity:**
FIIs emerged as net sellers, with a cumulative activity of 4680.51 crore. On the other hand, DIIs acted as net buyers, accounting for an aggregate activity of 4477.73 crore.
**FPI Multi Index Futures Position:**
FINNIFTY FUTURES: +209 BANKNIFTY FUTURES: +1237 MIDCPNIFTY FUTURES: -241 NIFTYNXT50 FUTURES: +2 NIFTY FUTURES: -8429
Top Stocks to Buy Today:
1) AARTIIND
Buy AARTIIND shares in intraday timeframe at CMP Rs. 661.2
2) HDFCBANK
Buy HDFCBANK shares in intraday timeframe at CMP Rs. 1622.1
3) RCF
Buy RCF shares in intraday timeframe at CMP Rs. 196.8
4) SUNTV
Buy SUNTV shares in intraday timeframe at CMP Rs. 807
Top Stocks to Short Today:
1) OLECTRA
Sell OLECTRA shares in intraday timeframe at CMP Rs. 1708.75
2) VAIBHAVGBL
Sell VAIBHAVGBL shares in intraday timeframe at CMP Rs. 301.25
3) SUNDRMFAST
Sell SUNDRMFAST shares in intraday timeframe at CMP Rs. 1367.95
4) ADANIENSOL
Sell ADANIENSOL shares in intraday timeframe at CMP Rs. 1113.35
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!