Intraday Trading: Top Stocks Today

The market concluded the current session on a negative note, with Nifty ending at 22004. The session's trend was characterized by sideways movement, mirroring the anticipated behavior for the remainder of the shortened week, as we approach the conclusion of the 2023-24 financial year.

Amongst the various sectors, the Nifty Realty index emerged as the standout performer, while the Nifty Media index experienced significant headwinds. The broader market mirrored the trend with the S&P BSE Mid-Cap index registering a modest gain of 0.71%, while the S&P BSE Small-Cap index declined slightly by 0.11%.

As we navigate the current session, it's crucial to pay attention to the key support and resistance levels for Nifty (spot). On the downside, 21850 remains the pivotal level to watch, while on the upside, resistance is likely to be encountered at 22150. These levels will play a significant role in shaping the market's trajectory and informing trading decisions throughout the day.

Top Stocks to Buy Today:

1) ASTERDM

Buy ASTERDM shares in intraday timeframe at CMP Rs. 411.7

2) CDSL

Buy CDSL shares in intraday timeframe at CMP Rs. 1696.3

3) GLAND

Buy GLAND shares in intraday timeframe at CMP Rs. 1804.8

4) CARBORUNIV

Buy CARBORUNIV shares in intraday timeframe at CMP Rs. 1242

Top Stocks to Short Today:

1) INFIBEAM

Sell INFIBEAM shares in intraday timeframe at CMP Rs. 35.2

2) PHOENIXLTD

Sell PHOENIXLTD shares in intraday timeframe at CMP Rs. 2727.6

3) KPRMILL

Sell KPRMILL shares in intraday timeframe at CMP Rs. 840.2

4) IIFL

Sell IIFL shares in intraday timeframe at CMP Rs. 324.7

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!