Hot stocks of the day

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

Sensex

Last Close - 13619.70 | Support - 13576, 13461 | Resistance - 13652, 13723

Trading Range - The Sensex opened at 13538.71, moved up to an intra-day high of 13658.11, declined to an intra-day low of 13423.64 and closed at 13619.70.            

Review/Outlook - The Sensex has reflected some amount of resilience by not declining despite giving a rather weak opening (read as gap down) and has recovered smartly to almost restore parity to just about end in negative territory on higher volume. Volatility can be the order of the day; an intra-day upside above the 13658 level seems like a possibility while some resistance can be expected at higher levels (13800) while a downside could come in only below the 13423 level. The outlook seems to have turned better while resistance comes in at the 13800+ level and support comes in at the 13400 level.

Ansal Infra

Last Close - 498.90 | Support - 455, 411 | Resistance - 500, 568

Trading Range - The scrip opened at 499.00, moved up to an intra-day high of 502.00, declined to an intra-day low of 478.95 and closed at 498.90.

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.   

Taneja Aero

Last Close - 182.15 | Support - 175, 157 | Resistance - 188, 225

Trading Range - The scrip opened at 181.10, moved up to an intra-day high of 185.80, declined to an intra-day low of 177.50 and closed at 182.15.

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.  

Vst Ind

Last Close - 380.15 | Support - 345, 303 | Resistance - 390, 439

Trading Range - The scrip opened at 348.00, moved up to an intra-day high of 380.15, declined to an intra-day low of 348.00 and closed at 380.15.

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.     

Sagar Cement

Last Close - 147.30 | Support - 126, 091 | Resistance - 151, 175

Trading Range - The scrip opened at 140.30, moved up to an intra-day high of 147.30, declined to an intra-day low of 140.30 and closed at 147.30.

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.