The market has remained in a positive frame of mind, has come off its intra-day low and has finally ended the day in positive territory. Consumer Durables, FMCG, Auto, Banks, Oil, Metals, IT, Capital Goods & PSU's have ended positive in varying degrees while the Healthcare sector has ended in negative territory.

Volume registered a noticeable increase (read as turnover) while the undertone seemed bullish.

Sensex (Daily)

Last Close -- 14282.72; Support -- 14243, 14171; Resistance -- 14325, 14400

Trading Range: The Sensex opened at 14151.62, moved up to an intra-day high of 14307.19, declined to an intra-day low of 14115.40 and closed at 14282.72.

Review/Outlook: The Sensex has reflected near term strength by not breaching the previous trading session's intra-day low to come off from its intra-day low and has finally ended in positive territory on distinctly higher volume.

Volatility can be the order of the day, the positives of the last trading session are expected to spill over to today's trading session indicating the possibility of an intra-day upside especially above the 14325 level while strong support at lower levels (14236) could mean a rather limited downside.

Gontermann Peipers (Daily)

Last Close -- 060.20; Support -- 056, 043; Resistance -- 062, 072

Trading Range: The scrip opened at 059.00, moved up to an intra-day high of 060.20, declined to an intra-day low of 058.50 and closed at 060.20.

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.

Shyam Telecom (Daily)

Last Close -- 116.45; Support -- 110, 098; Resistance -- 134, 162

Trading Range: The scrip opened at 111.90, moved up to an intra-day high of 116.45, declined to an intra-day low of 109.05 and closed at 116.45.

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.

Shringar Cinema (Daily)

Last Close -- 066.00; Support -- 063, 054; Resistance -- 067, 079

Trading Range: The scrip opened at 060.80, moved up to an intra-day high of 066.00, declined to an intra-day low of 059.70 and closed at 066.00.

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.

Ruby Mills (Daily)

Last Close -- 567.75; Support -- 562, 506; Resistance -- 587, 625

Trading Range: The scrip opened at 567.75, moved up to an intra-day high of 567.75, declined to an intra-day low of 535.00 and closed at 567.75.

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.

Daily Stock Track

Scrip	Support	Last Close	Resistance	Trend
ACC	1022, 979	1040.90	1061, 1110	Sd
DR. REDDY	757, 733	763.35	795, 840	Sd
HLL	203, 192	215.90	216, 224	Sd
INFOSYS	2208, 2163	2241.35	2270, 2325	Tu
ITC	168, 155	178.45	180, 190	Up
RIL	1342, 1316	1369.65	1373, 1409	Up
SATYAM	475, 443	476.50	500, 538	Sd
SBI	1166, 1135	1175.80	1190, 1225	Sd
T MOTORS	920, 888	927.00	944, 970	Sd
TISCO	500, 480	509.25	518, 543	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 even be having contrary positions in the stocks mentioned above.