Top 10 stocks to watch on 12 Dec

  1. WOCKPHARMA surged by 7.03% and settled at Rs.753.7. Trading volume spiked by 284 percent at last trading day. Yet numerous trades were settled intraday. There could be a bullish breakout. Derivative traders were aggressive in adding long positions. Open interest gained by 22.46 %. This stock is currently settled above the recent resistance zone. We see short-term support around 680.
  2. PCJEWELLER surged by 4.09% and finished at Rs. 433.75. Also, it maintained significant margin in last five sessions. Trading volume spiked by 94 percent on 11 December 2017. There could be a positive breakout. It is frequently advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 346.
  3. GRANULES gained by 3.78% and closed at Rs.131.9. Trading volume increased by 223 percent on Monday. It is heading for bullish trend formation. The aggressive nature of buyers is visible through the opening gap.It is regularly rising for 3 days. This stock is currently settled above the recent resistance zone. We see short-term support around 120.
  4. ITC volume increased by 76 percent. Interestingly 66% of the trades are deliverable volume. It gives an impression of bullish trend formation. The strength of the bulls is acknowledged by the opening gap.This stock is currently settled above the recent resistance zone. We see short-term support around 251.
  5. INFRATEL weakened by 1.51% and settled at Rs.368.05. Meanwhile, it reported significant decline over recent days. Derivative traders were aggressive in adding short positions. Open interest increased by 5.71 %. It is trading below its recent support zone. The Near-term resistance is seen around 405.
  6. AJANTPHARM witnessed Star pattern on daily chart. AJANTPHARM volume hiked by 141 percent on Monday. However numerous trades were intraday in nature. It gives an impression of selling pressure. This stock is currently settled above the recent resistance zone. We see short-term support around 1213.
  7. BHARTIARTL volume inflated by 82 percent on Monday. Furthermore 55% of the trades gone for delivery. It gives an impression of a positive breakout. It is regularly advancing for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 480.
  8. RECLTD fell by 1.18% and finished at Rs. 151.2. It witnessed Bearish Engulfing pattern on daily chart. Derivative traders were aggressive in adding short positions. Open interest surged by 3.93 %. It is trading below its recent support zone. The Near-term resistance is seen around 165.
  9. M&MFIN surged by 5.79% and finished at Rs. 478.6. Trading volume inflated by 106 percent on 11 December 2017. It Indicates bullish breakout. It is continuously rising for 4 days. This stock is currently settled above the recent resistance zone. We see short-term support around 424.
  10. TATAGLOBAL strengthen by 3.43% and to close at Rs.298.35. It is the most active stock. Yet numerous trades were settled intraday. It is continuously climbing for 3 days. This stock is currently settled above the recent resistance zone. We see short-term support around 239.