The market has remained in a mixed frame of mind, has come off its intra-day high and has finally ended the day in positive territory. Banks, Capital Goods, Consumer Durables, Auto & Oil have ended negative in varying degrees while FMCG, Healthcare, IT, Metal & PSU's have ended in positive territory. Volume registered a distinct decrease (read as turnover) while the undertone seemed panicky.

Sensex (Daily)

Last Close - 12543.85 | Support - 12461, 12308 | Resistance - 12546, 12622

Trading Range - The Sensex opened at 12655.94, moved up to an intra-day high of 12789.81, declined to an intra-day low of 12510.75, and closed at 12543.85.

Review/Outlook - The Sensex has reflected significant amount of weakness by not being able to sustain itself at higher levels and too accentuate this weakness further, it has almost given a downward key reversal, has come off its intra-day high and has finally managed to end in positive territory on clearly lower volume. Volatility can be the order of the day; intra-day weakness can be expected especially below the 12504 level while any thorough recovery at this point of time seems rather far-fetched while the bias continues to remain downward.

Unitech Ltd. (Daily)

Last Close - 423.85 | Support - 407, 373 | Resistance - 452, 487

Trading Range - The scrip opened at 408.25, moved up to an intra-day high of 423.45, declined to an intra-day low of 408.25 and closed at 423.45.

Review/Outlook - The scrip has reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Auto Ind. (Daily)

Last Close - 228.75 | Support - 191, 159 | Resistance - 230, 267

Trading Range - The scrip opened at 222.80, moved up to an intra-day high of 228.75, declined to an intra-day low of 222.80 and closed at 228.75.

Review/Outlook - The scrip has reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Mount Shivalik. (Daily)

Last Close - 080.65 | Support - 077, 062 | Resistance - 092, 111

Trading Range - The scrip opened at 077.70, moved up to an intra-day high of 080.65, declined to an intra-day low of 077.70 and closed at 080.65.

Review/Outlook - The scrip has reflected strength by recovering from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.

Peninsula Land. (Daily)

Last Close - 426.85 | Support - 378, 356 | Resistance - 432, 519

Trading Range - The scrip opened at 411.00, moved up to an intra-day high of 427.70, declined to an intra-day low of 411.00 and closed at 426.85.

Review/Outlook - The scrip has reflected strength by recovering 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	724, 697	731.65	750, 793	Os
DR. REDDY	669, 645	674.90	689, 712	Os
HLL	172, 163	177.30	183, 192	Sd
INFOSYS	2061, 1962	2078.20	2133, 2208	Dt
ITC	144, 136	147.35	155, 168	Dt
RIL	1270, 1241	1283.75	1293, 1316	Td
SATYAM	425, 406	432.85	443, 475	Sd
SBI	900, 871	921.90	926, 950	Dt
T MOTORS	722, 698	725.85	749, 771	Dt
TISCO	425, 416	433.35	437, 452	Td

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 even be having contrary positions in the stocks mentioned above.