Stock tips for today

The market has remained in a mixed state of mind, has come off its intra-day low and has finally ended the day in positive territory.

Auto, Metal, PSU, Oil, Capital Goods & Realty have ended positive in varying degrees while Banks, Consumer Durables, FMCG, Healthcare & IT have ended in negative territory. Volume registered a noticeable increase (read as turnover) while the undertone seemed hopeful.

Sensex (Daily)

Last Close | 17243.16; Support | 16964, 16681; Resistance | 17292, 17494

Trading Range: The Sensex opened at 17065.61, moved up to an intra-day high of 17293.34, declined to an intra-day low of 17041.63 and closed at 17243.16.

Review/Outlook: The Sensex has had a mixed trading session, has had a negative opening, has moved both ways, has faced buying support at lower levels, has come off from its intra - day low and has finally ended in positive territory on higher volume. Volatility can be the order of the day; an intra-day upside (seems like a possibility) could come in only above the 17259 level while significant resistance at higher levels (17497) | would limit the upside. The outlook is turning stable again while resistance comes in at the 17300+ level and support comes in at the 15300 level.

Titagarh Wagons (Daily)

Last Close | 791.30; Support | 784, 730; Resistance | 832, 865

Trading Range: The scrip opened at 756.00, moved up to an intra-day high of 823.00, declined to an intra-day low of 755.50 and closed at 791.30.

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

Onmobile Ltd. (Daily)

Last Close | 676.45; Support | 674, 624; Resistance | 716, 745

Trading Range: The scrip opened at 643.00, moved up to an intra-day high of 692.00, declined to an intra-day low of 640.00 and closed at 676.45.

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

Ranklin Sol (Daily)

Last Close | 156.25; Support | 146, 123; Resistance | 172, 221

Trading Range: The scrip opened at 149.00, moved up to an intra-day high of 159.45, declined to an intra-day low of 148.95 and closed at 156.25.

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

Brushman Ind. (Daily)

Last Close | 118.30; Support | 108, 085; Resistance | 127, 153

Trading Range: The scrip opened at 121.25, moved up to an intra-day high of 121.40, declined to an intra-day low of 114.25 and closed at 118.30.

Review/Outlook: The scrip has reflected strength by appreciating 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.

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Sebi Disclosure: The author is an active market participant and could not only be having positions but could even be having contrary positions in the stocks mentioned above.