Top Stocks to Buy/Sell Today - 21 June, 2024

**Previous Session's Market Performance**

In the current session, the market continued its previous trend, delivering a positive performance overall. The Nifty index closed with a modest gain of 0.22%, steadily rising throughout the day.

**Sectoral Dynamics**

While the broader market witnessed a mixed performance, certain sectors stood out. The Metals and Realty sectors emerged as the day's top performers, exhibiting significant strength. On the other hand, the Auto and Pharma sectors faced some challenges, dragging down their overall performance.

**Options Market Analysis**

The options market exhibited a high degree of activity, with significant open interest clustered around the 24000 Call and 23500/23000 Put levels. The overall market sentiment remained slightly bullish, as evidenced by a greater volume of put writing compared to call writing.

**Trading Range and Technical Parameters**

The VWAP range (Volume Weighted Average Price) for the session extended from 23365 to 23680, reflecting the market's trading behavior within that price band. The Max Pain level was established at 23400 spot, with a combined premium/pain value of 5388.3 Crores.

**Institutional Participation**

Institutional investors played a notable role in the session's activity. FIIs (Foreign Institutional Investors) emerged as net buyers, contributing 415.30 crore to the market. In contrast, DIIs (Domestic Institutional Investors) were net sellers, withdrawing 325.81 crore.

This comprehensive overview provides insight into the market's performance in the previous session and sets the stage for an informed approach to the upcoming trading day.

Top Stocks to Buy Today:

1) MOTILALOFS

Buy MOTILALOFS shares in intraday timeframe at CMP Rs. 670

2) AIAENG

Buy AIAENG shares in intraday timeframe at CMP Rs. 4235

3) PNB

Buy PNB shares in intraday timeframe at CMP Rs. 127.46

4) SHYAMMETL

Buy SHYAMMETL shares in intraday timeframe at CMP Rs. 674

Top Stocks to Short Today:

1) GICRE

Sell GICRE shares in intraday timeframe at CMP Rs. 412.15

2) ENDURANCE

Sell ENDURANCE shares in intraday timeframe at CMP Rs. 2755.2

3) DEVYANI

Sell DEVYANI shares in intraday timeframe at CMP Rs. 173

4) LUXIND

Sell LUXIND shares in intraday timeframe at CMP Rs. 1536

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!