Top Intraday Stocks Today

**Previous Session's Market Performance**

The markets exhibited a dynamic trajectory during the previous session, characterized by both gains and declines.\n\n

**Nifty**

The Nifty opened the session with a promising surge, only to encounter resistance below the 23500 level. As the day progressed, it fluctuated within a range of 23400-23580, ultimately closing with a modest loss of 0.28%.\n\n

**Nifty Midcap 100**

In contrast to the Nifty 50, the Nifty Midcap 100 outperformed, showcasing resilience against the broader market headwinds. Notably, it closed with a marginal loss of just 0.08%.\n\n

**Sector Performance**

The IT and Media sectors emerged as top performers, exuding strength and vitality. On the other hand, the FMCG and PSU Banking sectors grappled with challenges, weighing on the overall market sentiment.\n\n

**Options Market Insights**

In the options market, open interest surged at the 24000 Call and 23000 Put, indicating a heightened level of volatility and uncertainty among market participants. The sentiment remained bearish, with a bias towards call writing rather than put writing.\n\n

**Trading Range**

The VWAP range extended from 23375 to 23645, reflecting the market's fluctuating nature. Max Pain was established at the 23400 spot, with a combined premium/pain value of 5213.17 Crores for CE and PE options.\n\n

**Institutional Activity**

Foreign Institutional Investors (FIIs) adopted a net selling position, offloading equity shares worth 1790.19 crores. Domestic Institutional Investors (DIIs), however, emerged as net buyers, contributing 1237.21 crores to the market.\n\n

Please note that the opinions expressed in this recap are subjective and do not constitute financial advice. Investors are encouraged to exercise due diligence and consult with professionals before making any investment decisions.

Top Stocks to Buy Today:

1) RCF

Buy RCF shares in intraday timeframe at CMP Rs. 201.59

2) FACT

Buy FACT shares in intraday timeframe at CMP Rs. 1067

3) HFCL

Buy HFCL shares in intraday timeframe at CMP Rs. 117.12

4) SWANENERGY

Buy SWANENERGY shares in intraday timeframe at CMP Rs. 626.95

Top Stocks to Short Today:

1) KSB

Sell KSB shares in intraday timeframe at CMP Rs. 5027.5

2) GODREJIND

Sell GODREJIND shares in intraday timeframe at CMP Rs. 813.75

3) BBTC

Sell BBTC shares in intraday timeframe at CMP Rs. 1812

4) KEC

Sell KEC shares in intraday timeframe at CMP Rs. 867.3

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!