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

Sensex

Last Close - 16860.90 | Support - 16681, 16416 | Resistance - 16964, 17292

Trading Range - The Sensex opened at 16641.45, moved up to an intra-day high of 16897.36, declined to an intra-day low of 16546.55 and closed at 16860.90.

Review/Outlook - The Sensex has had a mixed trading session, has had a negative opening, has moved both ways, has faced buying support at lower levels, has come off from its intra - day low and has finally ended in positive territory on lower volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 16881 level while significant resistance at higher levels (17126) - would limit the upside. The outlook is turning negative again while resistance comes in at the 17300+ level and support comes in at the 15300 level.

Oscar Invest

Last Close - 132.00 | Support - 118, 082 | Resistance - 144, 197

Trading Range - The scrip opened at 124.00, moved up to an intra-day high of 133.00, declined to an intra-day low of 124.00 and closed at 132.00.

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.

Sanra Softw

Last Close - 078.15 | Support - 076, 062 | Resistance - 098, 131

Trading Range - The scrip opened at 071.80, moved up to an intra-day high of 078.15, declined to an intra-day low of 070.75 and closed at 078.15.

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.

Icsa India

Last Close - 452.70 | Support - 416, 363 | Resistance - 474, 527

Trading Range - The scrip opened at 435.15, moved up to an intra-day high of 457.00, declined to an intra-day low of 420.05 and closed at 452.70.

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.

Onmobile Ltd

Last Close - 652.55 | Support - 624, 578 | Resistance - 674, 716

Trading Range - The scrip opened at 645.00, moved up to an intra-day high of 659.95, declined to an intra-day low of 622.55 and closed at 652.55.

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.