Buy or Sell: Intraday Stocks Today

**Previous Session's Market Performance**

The market commenced the session on a cautious note but gradually regained momentum as the day progressed. The Nifty index surged by an impressive 0.76%, with IT and FMCG sectors serving as key drivers of its growth. In contrast, the Nifty Midcap 100 index struggled, closing with a decline of 0.96%.

**Sectoral Performance**

IT and FMCG sectors stood out as the top performers, demonstrating resilience and strong buying interest. On the flip side, Media and Consumer Durables sectors encountered challenges, weighing on the overall market sentiment.

**Options Market Dynamics**

Concentration of open interest was observed at the 25000 Call and 24500 Put strikes. The higher put writing activity hinted at a cautiously optimistic outlook for the upcoming session.

**Trading Ranges**

The VWAP range was established between 24560 and 25000, suggesting potential trading zones for the current session. Max Pain was calculated at 24500, providing a reference point for option traders. The Put-Call Ratio (PCR) of 1.32 indicated a slightly bullish bias.

**Institutional Activity**

Foreign Institutional Investors (FIIs) emerged as net buyers, contributing a substantial 5483.63 crore to the market. Domestic Institutional Investors (DIIs), on the other hand, sold a net total of 2904.25 crore, acting as a counterbalance to the positive FII influence.

**FPI Futures Activity**

FINNIFTY futures witnessed a significant inflow of 424 contracts, while BANKNIFTY futures faced outflows to the tune of -3459 contracts. MIDCPNIFTY and NIFTYNXT50 futures also recorded outflows, indicating a shift in sentiment among futures traders.

Top Stocks to Buy Today:

1) RALLIS

Buy RALLIS shares in intraday timeframe at CMP Rs. 326.95

2) CIEINDIA

Buy CIEINDIA shares in intraday timeframe at CMP Rs. 588.55

3) IRFC

Buy IRFC shares in intraday timeframe at CMP Rs. 209.24

4) APOLLOTYRE

Buy APOLLOTYRE shares in intraday timeframe at CMP Rs. 518.65

Top Stocks to Short Today:

1) SWSOLAR

Sell SWSOLAR shares in intraday timeframe at CMP Rs. 685

2) RAJESHEXPO

Sell RAJESHEXPO shares in intraday timeframe at CMP Rs. 307.1

3) KPIL

Sell KPIL shares in intraday timeframe at CMP Rs. 1378.25

4) ARE&M

Sell ARE&M shares in intraday timeframe at CMP Rs. 1582.05

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!