The market has remained in a positive state of mind, has come off its intra-day low and has finally ended the day in positive territory. Healthcare, IT, Capital Goods, Banks, Auto, FMCG, Consumer Durables, Metals, PSU & Oil have ended positive in varying degrees while no sector has ended in negative territory. Volume registered a noticeable decrease (read as turnover) while the undertone seemed bullish.

Sensex (Daily)

Last Close - 15318.60 | Support - 15216, 15115 | Resistance - 15341, 15452

Trading Range - The Sensex opened at 15131.36, moved up to an intra-day high of 15350.91, declined to an intra-day low of 15131.36 and closed at 15318.60.

Review/Outlook - The Sensex has had a superb trading session, has had a strong opening, has appreciated after receiving buying support at even higher levels, has come off from its intra-day low and has finally ended sharply 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 15351 level while resistance at higher levels (15550) - would limit the upside. The outlook seems to be turning stable again while resistance comes in at the 15550+ level and support comes in at the 14005 level.

Deep Inds. (Daily)

Last Close - 097.65 | Support - 092, 081 | Resistance - 102, 118

Trading Range - The scrip opened at 094.10, moved up to an intra-day high of 097.65, declined to an intra-day low of 093.10 and closed at 097.65.

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.

Aarvee Denim. (Daily)

Last Close - 093.00 | Support - 075, 058 | Resistance - 097, 119

Trading Range - The scrip opened at 090.00, moved up to an intra-day high of 093.00, declined to an intra-day low of 089.00 and closed at 093.00.

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.

Simplex Real. (Daily)

Last Close - 198.55 | Support - 193, 160 | Resistance - 224, 260

Trading Range - The scrip opened at 200.00, moved up to an intra-day high of 202.80, declined to an intra-day low of 192.25 and closed at 198.55.

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.

Shyam Star. (Daily)

Last Close - 087.90 | Support - 081, 069 | Resistance - 093, 120

Trading Range - The scrip opened at 085.00, moved up to an intra-day high of 087.90, declined to an intra-day low of 081.35 and closed at 087.35.

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	1057, 1025	1065.90	1075, 1099	Up
DR. REDDY	610, 579	640.80	645, 669	Tu
HUL	203, 192	208.60	216, 230	Up
INFOSYS [Get Quote]	1834, 1785	1855.05	1878, 1910	Sd
ITC	168, 155	170.55	180, 193	Tu
RIL [Get Quote]	1948, 1911	1959.50	2000, 2050	Up
SATYAM [Get Quote]	443, 425	447.35	471, 496	Tu
SBI [Get Quote]	1591, 1509	1599.50	1608, 1652	Up
T MOTORS	698, 635	701.85	722, 749	Tu
TISCO [Get Quote]	670, 646	689.70	695, 731	Up

 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.