Intraday Trading: Top Stocks on NSE Today - 30 July, 2024
**Market Summary: Previous Session**
The market opened with a positive gap, but profit-taking emerged near the 25000 level, sending the Nifty below 24900. The index eventually closed with a modest gain of 0.01 percent.
The Nifty Midcap 100 outperformed the Nifty 50, advancing by 1.03 percent during the session.
**Sector Performance**
**Top Performers**
* Media * PSU Banks
**Underperformers**
* IT * FMCG
**Options Market**
Open interest concentrated heavily at the 25000 Call and 24500 Put strike prices.
**Trading Range**
* VWAP: 24710 - 24975 * Max Pain: 24800 * Put-Call Ratio (PCR): 0.979
**Institutional Activity**
* FIIs remained net sellers, with a presence of 2474.54 crore. * DIIs were net buyers, contributing 5665.54 crore.
**FPI Multi Index Futures Activity**
* FINNIFTY FUTURES: 155 * BANKNIFTY FUTURES: 21419 * MIDCPNIFTY FUTURES: 698 * NIFTYNXT50 FUTURES: 126 * NIFTY FUTURES: -1095
Top Stocks to Buy Today:
1) KPIL
Buy KPIL shares in intraday timeframe at CMP Rs. 1322.15
2) MANYAVAR
Buy MANYAVAR shares in intraday timeframe at CMP Rs. 1072.05
3) PNBHOUSING
Buy PNBHOUSING shares in intraday timeframe at CMP Rs. 783
4) HINDPETRO
Buy HINDPETRO shares in intraday timeframe at CMP Rs. 386
Top Stocks to Short Today:
1) GPIL
Sell GPIL shares in intraday timeframe at CMP Rs. 1106.8
2) CESC
Sell CESC shares in intraday timeframe at CMP Rs. 176.64
3) RVNL
Sell RVNL shares in intraday timeframe at CMP Rs. 620.35
4) WESTLIFE
Sell WESTLIFE shares in intraday timeframe at CMP Rs. 834.95
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!