Sensex (Daily)
Last Close - 19162.57 | Support - 18833, 18327 | Resistance - 19276, 19621
Trading Range - The Sensex opened at 19210.22, moved up to an intra-day high of 19291.14, declined to an intra-day low of 19097.70 and closed at 19162.57.
Review/Outlook - The Sensex has had a mixed trading session, has had a good opening, has moved both ways, has faced selling pressure at higher levels, has come off from its intra - day high and has finally ended in positive territory on clearly lower volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 19179 level while resistance at higher levels (19302) would limit the upside. The outlook has turned positive again while resistance comes in at the 21200+ level and support comes in at the 18833 level.
Abg Heavy Ind. (Daily)
Last Close - 674.60 | Support 632, 544 | Resistance - 700, 750
Trading Range - The scrip opened at 660.00, moved up to an intra-day high of 674.60, declined to an intra-day low of 652.00 and closed at 674.60.
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.
W S Industr. (Daily)
Last Close - 108.45| Support - 102, 091 | Resistance - 117, 150
Trading Range - The scrip opened at 104.90, moved up to an intra-day high of 108.45, declined to an intra-day low of 102.50 and closed at 108.45.
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.
Span Diag. (Daily)
Last Close - 094.30 | Support - 087, 071 | Resistance - 098, 125
Trading Range - The scrip opened at 093.85, moved up to an intra-day high of 094.30, declined to an intra-day low of 090.50 and closed at 094.30.
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.
Tilaknagar Ind. (Daily)
Last Close - 239.20 | Support - 232, 195 | Resistance - 287, 320
Trading Range - The scrip opened at 242.90, moved up to an intra-day high of 248.60, declined to an intra-day low of 235.00 and closed at 239.20.
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.
Daily Stock Track
|
Scrip |
Support |
Last Close |
Resistance |
Trend |
|
ACC |
994, 965 |
1002.05 |
1025, 1099 |
Sd |
|
DR. REDDY |
712, 689 |
729.70 |
733, 760 |
Up |
|
HUL |
203, 192 |
212.55 |
216, 224 |
Tu |
|
INFOSYS |
1667, 1510 |
1698.35 |
1723, 1785 |
Sd |
|
ITC |
193, 180 |
196.40 |
213, 240 |
Up |
|
RIL |
2682, 2615 |
2714.70 |
2724, 2805 |
Sd |
|
SATYAM |
425, 406 |
427.70 |
443, 471 |
Tu |
|
SBI |
2180, 2050 |
2265.20 |
2279, 2331 |
Td |
|
T MOTORS |
698, 670 |
710.90 |
722, 749 |
Sd |
|
TISCO |
820, 762 |
824.80 |
858, 890 |
Tu |
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.
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Sebi Disclosure: The author is an active market participant and could not only be having positions but could even be having contrary positions in the stocks mentioned above.
