Hot stocks of the day

The market has remained in a positive state of mind, has come off its intra-day low and has finally ended the day in positive territory. Banks, Oil, FMCG, Healthcare, IT & PSU's have ended positive in varying degrees while Capital Goods, Consumer Durables, Auto & Metal have ended in negative territory. Volume registered a clear decrease (read as turnover) while the undertone seemed mixed.

Sensex

Last Close - 13672.19 | Support - 13652, 13576 | Resistance - 13723, 13857

Trading Range - The Sensex opened at 13602.90, moved up to an intra-day high of 13762.92, declined to an intra-day low of 13602.90 and closed at 13672.19.

Review/Outlook - The Sensex has reflected some amount of indecision by not declining despite giving a high volume downward key reversal in the previous trading session but has appreciated to end positive on noticeably lower volume. Volatility can be the order of the day; an intra-day downside below the 13602 level seems like a possibility while significant support can be expected at lower levels (13470) while an upside could come in only above the 13763 level. The outlook seems to have turned better while resistance comes in at the 13800+ level and support comes in at the 13400 level.

Ansal Infra

Last Close - 504.15 | Support - 500, 455 | Resistance - 568, 620

Trading Range - The scrip opened at 500.00, moved up to an intra-day high of 515.90, declined to an intra-day low of 500.00 and closed at 504.15.

Review/Outlook - The scrip has reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Taneja Aero

Last Close - 186.80 | Support - 175, 157 | Resistance - 188, 225

Trading Range - The scrip opened at 181.00, moved up to an intra-day high of 189.15, declined to an intra-day low of 176.25 and closed at 186.80.

Review/Outlook - The scrip has reflected reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Action Const

Last Close - 243.65 | Support - 218, 182 | Resistance - 266, 295

Trading Range - The scrip opened at 238.70, moved up to an intra-day high of 243.65, declined to an intra-day low of 235.00 and closed at 243.65.

Review/Outlook - The scrip has reflected reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Sagar Cement

Last Close - 140.30 | Support - 126, 091 | Resistance - 151, 175

Trading Range - The scrip opened at 140.30, moved up to an intra-day high of 140.30, declined to an intra-day low of 135.00 and closed at 140.30.

Review/Outlook - The scrip has reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Daily Stock Track

GLOSSARY : CMP - Current Market Price, MACD - Moving Average Convergence Divergence, RMI - Relative Momentum Index, RSI - Relative Strength Index, ROC - Rate of Change, EMA - Exponential Moving Average, Cls - Closing Price, Support - Level where buying can be expected, Resistance - Level where selling can be expected, Tu - Turning Upwards, Td - Turning Downwards, Sd - Sideways, Up - Uptrend, Dt - Downtrend, Ob - Overbought, Os - Oversold.