Intraday Trading: Top Stocks on NSE Today

Throughout the prior session, the market exhibited a gradual and sustained upward trajectory after an initial flat opening. By the end of trading, the index had notched a respectable gain of 0.51 percent, firmly establishing itself in positive territory.

The Nifty Midcap 100 index outshone its larger counterpart, the Nifty 50, registering an impressive gain of 0.98 percent. Within the sectoral landscape, Auto and Metals emerged as the standout performers, showcasing strength and resilience. On the other hand, FMCG and Pharma faced headwinds and lagged behind, exhibiting weaker performance throughout the session.

An analysis of the options market revealed a concentration of open interest on the call side at the 22500 level, while the put side was dominated by interest at 22000. Today's option chain analysis indicated a higher volume of put writing relative to call writing, suggesting a prevailing positive sentiment.

The Volume Weighted Average Price (VWAP) projected a trading range for the current session between 22090 and 22305. The Max Pain level, which indicates the point where options writers profit the most, was established at 22200 spot, with a combined residual premium/pain value of 646.25 Crores.

In the cash market, Foreign Institutional Investors (FIIs) emerged as net sellers, contributing a total of 4065.52 crore to the market's activity. Domestic Institutional Investors (DIIs), on the other hand, exhibited a net buying stance, accounting for an inflow of 3527.86 crore.

Top Stocks to Buy Today:

1) ACI

Buy ACI shares in intraday timeframe at CMP Rs. 619.2

2) JUBLINGREA

Buy JUBLINGREA shares in intraday timeframe at CMP Rs. 519.2

3) LODHA

Buy LODHA shares in intraday timeframe at CMP Rs. 1168.65

4) HUDCO

Buy HUDCO shares in intraday timeframe at CMP Rs. 235.4

Top Stocks to Short Today:

1) NAVINFLUOR

Sell NAVINFLUOR shares in intraday timeframe at CMP Rs. 3388.1

2) CANBK

Sell CANBK shares in intraday timeframe at CMP Rs. 117.6

3) SYRMA

Sell SYRMA shares in intraday timeframe at CMP Rs. 402.6

4) RADICO

Sell RADICO shares in intraday timeframe at CMP Rs. 1644.1

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!