Sensex (Daily)
Last Close - 18242.58 | Support - 17953, 17494 | Resistance - 18319, 18632
Trading Range - The Sensex opened at 17820.67, moved up to an intra-day high of 18312.40, declined to an intra-day low of 17534.96 and closed at 18242.58.
Review/Outlook - The Sensex has had a mixed trading session, has had a positive opening, has moved both ways, has received buying support at lower levels, has come off from its intra - day low and has finally ended in positive territory on higher volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 18259 level while significant resistance at higher levels (18800) would limit the upside. The outlook has turned neutral again while resistance comes in at the 19200+ level and support comes in at the 17200 level.
Genesis Int. (Daily)
Last Close - 064.00 | Support - 056, 034 | Resistance - 069, 093
Trading Range - The scrip opened at 062.15, moved up to an intra-day high of 064.20, declined to an intra-day low of 060.00 and closed at 064.00.
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.
Himadri Chem. (Daily)
Last Close - 560.55 | Support - 558, 510 | Resistance - 642, 719
Trading Range - The scrip opened at 512.50, moved up to an intra-day high of 561.80, declined to an intra-day low of 512.50 and closed at 560.55.
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.
Sagar Cement. (Daily)
Last Close - 306.75 | Support - 272, 214 | Resistance - 325, 360
Trading Range - The scrip opened at 306.00, moved up to an intra-day high of 307.10, declined to an intra-day low of 299.95 and closed at 306.75.
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.
Sanwaria Agr. (Daily)
Last Close - 155.95 | Support - 151, 131 | Resistance - 183, 204
Trading Range - The scrip opened at 150.25, moved up to an intra-day high of 155.95, declined to an intra-day low of 150.00 and closed at 155.95.
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 |
750, 724 |
755.35 |
778, 829 |
Sd |
|
DR. REDDY |
487, 450 |
528.75 |
530, 579 |
Dt |
|
HUL |
203, 192 |
207.80 |
216, 224 |
Tu |
|
INFOSYS |
1510, 1457 |
1591.10 |
1667, 1723 |
Tu |
|
ITC |
193, 180 |
204.85 |
213, 227 |
Tu |
|
RIL |
2539, 2426 |
2541.65 |
2615, 2684 |
Tu |
|
SATYAM |
406, 385 |
421.05 |
425, 443 |
Tu |
|
SBI |
2180, 2050 |
2185.55 |
2279, 2331 |
Tu |
|
T MOTORS |
749, 722 |
754.30 |
771, 811 |
Tu |
|
T STEEL |
762, 731 |
776.45 |
820, 858 |
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.
