Top Intraday Stocks Today

**Previous Session's Performance:**

The market oscillated within a narrow range, showcasing indecisiveness among investors. Nifty's movement between 23,515 and 23,580 culminated in a modest gain of 0.39%. However, the broader Nifty Midcap 100 index outperformed, surging by 0.48%.

Sectorally, the session witnessed contrasting performances. Real estate and consumer durables emerged as the leaders, while healthcare and media sectors faced headwinds. This selective strength highlighted the market's discerning nature.

Options traders exhibited a heightened interest at the 24,000 Call and 23,400 Put, signaling a cautious stance. The increased call writing hinted at a slightly bearish undertone.

Technical indicators suggest a trading range of 23,435 to 23,625 for the current session. Max Pain resides at 23,500, indicating a potential equilibrium point. The combined residual premium of ₹554.04 crores further strengthens this notion.

In the cash segment, foreign institutional investors (FIIs) remained net buyers, contributing ₹2,569.40 crore, while domestic institutional investors (DIIs) also displayed buying sentiment, infusing ₹1,555.73 crore into the market.

Top Stocks to Buy Today:

1) PHOENIXLTD

Buy PHOENIXLTD shares in intraday timeframe at CMP Rs. 3630

2) CENTURYTEX

Buy CENTURYTEX shares in intraday timeframe at CMP Rs. 2310

3) SOBHA

Buy SOBHA shares in intraday timeframe at CMP Rs. 2038.75

4) HOMEFIRST

Buy HOMEFIRST shares in intraday timeframe at CMP Rs. 1060

Top Stocks to Short Today:

1) CHAMBLFERT

Sell CHAMBLFERT shares in intraday timeframe at CMP Rs. 466

2) FACT

Sell FACT shares in intraday timeframe at CMP Rs. 924

3) SONACOMS

Sell SONACOMS shares in intraday timeframe at CMP Rs. 652.75

4) DEEPAKFERT

Sell DEEPAKFERT shares in intraday timeframe at CMP Rs. 647

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!