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 sharply in positive territory. Capital Goods, Healthcare, FMCG, IT Auto, Consumer Durables, Banks, Metals, PSU & Oil have ended positive in varying degrees while no sector has ended in negative territory. Volume registered a noticeable increase (read as turnover) while the undertone seemed upbeat.

Sensex

Last Close - 14842.38 | Support - 14830, 14723 | Resistance - 14964, 15115

Trading Range - The Sensex opened at 14581.35, moved up to an intra-day high of 14858.93, declined to an intra-day low of 14581.35 and closed at 14842.38.

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 upside (seems like a possibility) could come in above the 14858 level while resistance at higher levels (14965) - would limit the upside. The outlook seems to be turning stable again while resistance comes in at the 16000+ level and support comes in at the 14005 level.

Taneja Aero

Last Close - 154.30 | Support - 145, 127 | Resistance - 157, 125

Trading Range - The scrip opened at 150.50, moved up to an intra-day high of 155.20, declined to an intra-day low of 150.50 and closed at 154.30.

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.

Schrader Dun

Last Close - 346.05 | Support - 326, 295 | Resistance - 360, 400

Trading Range - The scrip opened at 342.00, moved up to an intra-day high of 347.90, declined to an intra-day low of 316.55 and closed at 346.05.

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.

Tempt. Foods

Last Close - 168.65 | Support - 163, 121 | Resistance - 198, 223

Trading Range - The scrip opened at 165.00, moved up to an intra-day high of 168.65, declined to an intra-day low of 160.00 and closed at 168.65.

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.

Indiabulls

Last Close - 517.10 | Support - 514, 443 | Resistance - 563, 605

Trading Range - The scrip opened at 483.00, moved up to an intra-day high of 523.10, declined to an intra-day low of 483.00 and closed at 517.10.

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.

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.