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

Sensex (Daily)                                                                     

Last Close - 19724.35 | Support - 19621, 19276 | Resistance - 20000, 20200

Trading Range - The Sensex opened at 20130.00, moved up to an intra-day high of 20204.00, declined to an intra-day low of 19634.47 and closed at 19724.35. 

Review/Outlook - The Sensex has had a mixed trading session, has had a strong 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 possibility) could come in below the 19634 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 16800 level. 

Jai Bala Ind. (Daily)                                                    

Last Close - 326.20 | Support -311, 279 | Resistance - 329, 375

Trading Range - The scrip opened at 326.20, moved up to an intra-day high of 326.20, declined to an intra-day low of 321.00 and closed at 326.20.

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.   

Anuh Pharma [Get Quote]. (Daily)                                                 

Last Close - 331.25 | Support - 310, 284 | Resistance - 355, 415

Trading Range - The scrip opened at 290.00, moved up to an intra-day high of 331.25, declined to an intra-day low of 280.00 and closed at 331.25.

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 - 143.75 | Support -136, 101 | Resistance -175, 200

Trading Range -The scrip opened at 143.75, moved up to an intra-day high of 143.75, declined to an intra-day low of 136.00 and closed at 143.75.

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 -137.15 | Support -129, 108 | Resistance -148, 175

Trading Range - The scrip opened at 136.45, moved up to an intra-day high of 137.15, declined to an intra-day low of 130.05 and closed at 137.15.

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.

DISCLAIMER : While efforts have been made to ensure the accuracy of the information provided in this content, the authors shall not be held responsible for any loss, harm or injury arising in any manner whatsoever, including those arising directly, indirectly, consequentially or otherwise and whether financial, mental or otherwise, caused to any person whatsoever who accesses or uses or is supplied with the content (consisting of articles, information, analyses, etc.) provided at this site or who otherwise relies on such content. Readers are advised to cross verify the information and to also seek professional and expert advice before taking any decision based on the content provided above or acting on any recommendations made herein. The information or opinions provided herein are not a substitute for professional advice.

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.