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

Sensex (Daily)                                                                     

Last Close - 19590.78 | Support - 19276, 18833 | Resistance - 19621, 19984

Trading Range - The Sensex opened at 20009.00, moved up to an intra-day high of 20009.00, declined to an intra-day low of 19502.45 and closed at 19590.78. 

Review/Outlook - The Sensex has had a mixed trading session, has had a neutral opening, has moved both ways, has received selling pressure at higher levels, has come off from its intra - day high and has finally ended in negative territory on clearly higher volume. Volatility can be the order of the day; an intra-day downside (seems like a distinct possibility) could come in below the 19570 level while support at lower levels (19276) � would limit the downside. The outlook has turned bullish again while resistance comes in at the 21200+ level and support comes in at the 17300 level. 

Refex Refrig. (Daily)                                                    

Last Close - 169.30 | Support - 149, 119 | Resistance - 175, 200

Trading Range - The scrip opened at 168.65, moved up to an intra-day high of 173.80, declined to an intra-day low of 166.75 and closed at 169.30.

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.   

Hoec Ltd. (Daily)                                                       

Last Close - 125.85 | Support - 109, 099 | Resistance - 127, 149

Trading Range - The scrip opened at 114.00, moved up to an intra-day high of 125.85, declined to an intra-day low of 112.65 and closed at 125.85.

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.   

Rishi Laser. (Daily)                                             

Last Close - 166.85 | Support - 136, 101 | Resistance - 175, 200

Trading Range - The scrip opened at 164.90, moved up to an intra-day high of 173.80, declined to an intra-day low of 160.00 and closed at 166.85.

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.       

Asian Oil. (Daily)                                                     

Last Close - 151.20 | Support - 148, 129 | Resistance - 175, 200

Trading Range - The scrip opened at 149.50, moved up to an intra-day high of 151.20, declined to an intra-day low of 144.10 and closed at 151.20.

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 

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.