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. Banks, Auto, Metal, Capital Goods, FMCG, Oil, Psu, Healthcare & IT have ended positive in varying degrees while Consumer Durables have ended in negative territory. Volume registered a noticeable increase (read as turnover) while the undertone seemed bullish.

Sensex (Daily)

Last Close - 15550.13 | Support - 15500, 15440 | Resistance - 15600, 15700

Trading Range -The Sensex opened at 15357.38, moved up to an intra-day high of 15593.31, declined to an intra-day low of 15357.38 and closed at 15550.13.

Review/Outlook - The Sensex has had a solid trading session, has had a strong opening, has appreciated after receiving buying support at lower levels, has come off from its intra - day low and has finally ended in positive territory on clearly higher volume. Volatility can be the order of the day; an intra-day upside (seems like a possibility) could come in above the 15594 level while some resistance at higher levels (15700) - could limit the upside. The outlook seems to have turned better again while resistance comes in at the 16000+ level and support comes in at the 14600 level.

Infomedia Ltd. (Daily)

Last Close - 309.35 | Support - 292, 252 | Resistance - 325, 350

Trading Range - The scrip opened at 297.45, moved up to an intra-day high of 309.35, declined to an intra-day low of 297.45 and closed at 309.35.

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.

Tanla Sol. (Daily)

Last Close - 496.05 | Support - 475, 451 | Resistance - 500, 525

Trading Range - The scrip opened at 483.70, moved up to an intra-day high of 496.05, declined to an intra-day low of 459.00 and closed at 496.05.

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

Vakrangee Soft. (Daily)

Last Close - 179.35 | Support - 162, 150 | Resistance - 207, 232

Trading Range - The scrip opened at 175.80, moved up to an intra-day high of 182.75, declined to an intra-day low of 175.30 and closed at 179.35.

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

Agrotech Foods. (Daily)

Last Close - 167.60 | Support - 167, 134 | Resistance - 190, 215

Trading Range - The scrip opened at 166.00, moved up to an intra-day high of 172.90, declined to an intra-day low of 164.20 and closed at 167.60.

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	1099, 1075	1150.30	1155, 1192	Up
DR. REDDY	645, 610	665.05	669, 689	Sd
HLL [Get Quote]	192, 183	197.85	203, 216	Sd
INFOSYS [Get Quote]	1962, 1883	1996.85	2009, 2061	Tu
ITC	144, 136	154.00	155, 168	Sd
RIL [Get Quote]	1849, 1820	1896.45	1900, 1950	Up
SATYAM [Get Quote]	475, 443	486.65	500, 538	Sd
SBI [Get Quote]	1591, 1550	1595.60	1625, 1650	Up
T MOTORS	722, 698	778.05	749, 771	Up
TISCO [Get Quote]	670, 646	682.25	695, 710	Up

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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.