Hot stocks of the day

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

Sensex

Last Close - 14162.71 | Support - 14035, 13931 | Resistance - 14171, 14243

Trading Range - The Sensex opened at 14277.61, moved up to an intra-day high of 14326.55, declined to an intra-day low of 14112.53 and closed at 14162.71.

Review/Outlook - The Sensex has reflected significant amount of strength, has had a rather positive opening, but hasn't been able to sustain after facing strong selling pressure and has come off from its intra- day high, has finally ended in negative territory on marginally lower volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 14190 level while stiff resistance at higher levels (14269) - would limit the upside. The outlook seems to have turned shaky again while resistance comes in at the 14480+ level and support comes in at the 13953 level.

Asian Elect

Last Close - 728.50 | Support - 700, 678 | Resistance - 750, 800

Trading Range - The scrip opened at 709.40, moved up to an intra-day high of 728.40, declined to an intra-day low of 702.00 and closed at 728.40.

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.

Sparsh Bpo

Last Close - 207.80 | Support - 186, 153 | Resistance - 209, 228

Trading Range - The scrip opened at 200.50, moved up to an intra-day high of 207.80, declined to an intra-day low of 198.75 and closed at 207.80.

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.

Sical Logistics

Last Close - 282.50 | Support - 274, 255 | Resistance - 301, 350

Trading Range - The scrip opened at 275.90, moved up to an intra-day high of 284.20, declined to an intra-day low of 275.05 and closed at 282.50.

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.

Prime Focus

Last Close - 697.20 | Support - 665, 612 | Resistance - 718, 760

Trading Range - The scrip opened at 688.00, moved up to an intra-day high of 697.20, declined to an intra-day low of 676.00 and closed at 697.20.

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.