Following yesterday's unpredcitable moves, the Sensex is likely to get back on track for testing its new high. The index may open higher, and hopes of strong quarterly numbers is likely to limit any downside if in case.The index is likely to face resistance around 12,415-12,425-12,435 levels. On the downside, the index may find support around 12,345-12,335-12,325 levels.According to market analyst Shah, the market mood continues to remain positive and the index is likely to target 12,700 in the coming days.Stocks to watch today are Tata Steel, TVS Motor, Dr.Reddy's and Federal Bank.
