Stock picks 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, Capital Goods, Healthcare, Auto & Metal have ended positive in varying degrees while Consumer Durables, IT, Oil & PSU's have ended in negative territory. Volume registered a noticeable increase (read as turnover) while the undertone seemed bullish.

Sensex

Last Close - 14880.24 | Support - 14850, 14800 | Resistance - 14900, 14950

Trading Range - The Sensex opened at 14868.14, moved up to an intra-day high of 14906.93, declined to an intra-day low of 14790.75 and closed at 14880.24.

Review/Outlook - The Sensex has had a historic trading session, has had a positive opening, has appreciated after receiving buying support at lower 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 14907 level while some resistance at higher levels (15000) - could limit the upside. The outlook seems to have turned better again while resistance comes in at the 15000+ level and support comes in at the 14400 level.

Evinix Ltd

Last Close - 120.75 | Support - 105, 069 | Resistance - 128, 150

Trading Range - The scrip opened at 108.00, moved up to an intra-day high of 123.30, declined to an intra-day low of 108.00 and closed at 120.75.

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.

Aurionpro Sol

Last Close - 390.85 | Support - 350, 328 | Resistance - 400, 450

Trading Range - The scrip opened at 379.40, moved up to an intra-day high of 390.85, declined to an intra-day low of 369.00 and closed at 390.85.

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.

Agro Tech Foods

Last Close - 140.40 | Support - 134, 118 | Resistance - 167, 190

Trading Range - The scrip opened at 136.00, moved up to an intra-day high of 140.40, declined to an intra-day low of 136.00 and closed at 140.40.

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.

Unity Infra

Last Close - 572.65 | Support - 537, 478 | Resistance - 599, 679

Trading Range - The scrip opened at 567.80, moved up to an intra-day high of 577.65, declined to an intra-day low of 565.00 and closed at 572.65.

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.

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.

Sebi Disclosure: The author is an active market participant and could even be having contrary positions in the stocks mentioned above.