Intraday Trading: Top Stocks Today

**Today's Session Analysis**

The market opened with a positive bias, but an unexpected surge of sell-offs above the crucial level of 23600 dampened the momentum. Despite an attempt to rally thereafter, the benchmark index closed the session marginally lower by 0.18%, indicating a tentative market sentiment.

**Midcap Movement**

The broader market underperformed the benchmark index, with the Nifty Midcap 100 declining by 0.97%. This divergence suggests a cautious approach among investors towards midcap stocks.

**Sectoral Dynamics**

Today's session witnessed mixed sectoral performance. Banking and Financial Services emerged as the top performers, benefiting from a renewed positive sentiment towards the sector. Conversely, Realty and Consumer Durables underwhelmed, reflecting concerns about interest rate sensitivity and discretionary spending.

**Options Market Outlook**

Significant open interest remains concentrated at the 24000 Call option, indicating expectations of an upward move in the market. On the other hand, increased writing of Calls suggests a bearish undertone among market participants.

The Volume-Weighted Average Price (VWAP) range of 23430-23600 remains a key technical indicator. If the market trades within this range, it could indicate consolidation. The Max Pain point is currently placed at 23500.

**Institutional Activity**

Foreign Institutional Investors (FIIs) remained net buyers, infusing 7908.36 Crores into the market. Domestic Institutional Investors (DIIs) also exhibited buying interest, contributing 7107.80 Crores. This institutional support provided a cushion to the market decline.

Top Stocks to Buy Today:

1) PNBHOUSING

Buy PNBHOUSING shares in intraday timeframe at CMP Rs. 807.7

2) SUNPHARMA

Buy SUNPHARMA shares in intraday timeframe at CMP Rs. 1476.7

3) AJANTPHARM

Buy AJANTPHARM shares in intraday timeframe at CMP Rs. 2353.25

4) PFC

Buy PFC shares in intraday timeframe at CMP Rs. 484.4

Top Stocks to Short Today:

1) APLLTD

Sell APLLTD shares in intraday timeframe at CMP Rs. 861.7

2) KFINTECH

Sell KFINTECH shares in intraday timeframe at CMP Rs. 685.75

3) VIJAYA

Sell VIJAYA shares in intraday timeframe at CMP Rs. 779.2

4) JUBLINGREA

Sell JUBLINGREA shares in intraday timeframe at CMP Rs. 548

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!