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

Sensex

Last Close - 14919.19 | Support - 14830, 14723 | Resistance - 14964, 15115

Trading Range - The Sensex opened at 14857.65, moved up to an intra-day high of 14952.04, declined to an intra-day low of 14751.68 and closed at 14919.19.

Review/Outlook - The Sensex has had a solid trading session, has had a strong opening, has appreciated after receiving buying support even at higher levels, has come off from its intra - day low and has finally ended in positive territory on clearly higher volume. Volatility can be the order of the day; an intra-day downside (seems like a formality) could come in below the 14899 level while support at lower levels (14581) - would limit the downside. The outlook seems to be turning shaky again while resistance comes in at the 15550+ level and support comes in at the 14005 level.

Paradyne Inf

Last Close - 210.50 | Support - 200, 184 | Resistance - 228, 250

Trading Range - The scrip opened at 200.25, moved up to an intra-day high of 210.50, declined to an intra-day low of 200.00 and closed at 210.50.

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.

Schrader Dun

Last Close - 363.25 | Support - 360, 326 | Resistance - 400, 425

Trading Range - The scrip opened at 350.00, moved up to an intra-day high of 363.35, declined to an intra-day low of 347.00 and closed at 363.25.

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.

Radha Madhav

Last Close - 070.10 | Support - 067, 056 | Resistance - 072, 087

Trading Range - The scrip opened at 067.00, moved up to an intra-day high of 070.10, declined to an intra-day low of 066.00 and closed at 070.10.

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.

Swan Mills

Last Close - 084.80 | Support - 071, 042 | Resistance - 095, 108

Trading Range - The scrip opened at 081.00, moved up to an intra-day high of 084.80, declined to an intra-day low of 080.05 and closed at 084.80.

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               

Scrip	Support	Last Close	Resistance	Trend
ACC	1025, 994	1026.20	1057, 1075	Up
DR. REDDY	610, 579	634.00	645, 669	Sd
HUL	192, 183	202.20	203, 216	Tu
INFOSYS	1878, 1834	1882.05	1910, 1962	Sd
ITC	155, 144	167.25	168, 180	Tu
RIL	1877, 1835	1880.05	1911, 1948	Tu
SATYAM	443, 425	449.70	471, 496	Tu
SBI	1509, 1470	1548.80	1591, 1636	Tu
T MOTORS	635, 610	663.05	698, 722	Sd
TISCO	593, 570	605.40	617, 646	Tu

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.