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

Sensex (Daily)

Last Close - 15699.33 | Support - 15683, 15650 | Resistance - 15800, 15900

Trading Range - The Sensex opened at 15711.87, moved up to an intra-day high of 15771.26, declined to an intra-day low of 15572.98 and closed at 15699.33.

Review/Outlook - The Sensex has had a mixed trading session, has had a weak opening, has depreciated after facing selling pressure at higher levels, but has come off from its intra - day low and has finally ended in negative territory on clearly lower volume. Volatility can be the order of the day; an intra-day upside (seems like a possibility) could come in above the 15712 level while some resistance at higher levels (15772) - 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 14800 level.

Bhagwati Banq. (Daily)

Last Close - 035.55 | Support - 034, 025 | Resistance - 042, 057

Trading Range - The scrip opened at 030.90, moved up to an intra-day high of 036.25, declined to an intra-day low of 030.50 and closed at 035.55.

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.

Artefact Pr. (Daily)

Last Close - 093.00 | Support - 085, 071 | Resistance - 101, 124

Trading Range - The scrip opened at 093.00, moved up to an intra-day high of 093.10, declined to an intra-day low of 090.00 and closed at 093.10.

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.

Ok Play India [Get Quote]. (Daily)

Last Close - 122.00 | Support - 106, 083 | Resistance - 129, 142

Trading Range - The scrip opened at 123.90, moved up to an intra-day high of 130.00, declined to an intra-day low of 117.00 and closed at 122.00.

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.

Vishal Retail. (Daily)

Last Close - 692.10 | Support - 668, 640 | Resistance - 727, 756

Trading Range - The scrip opened at 685.00, moved up to an intra-day high of 700.00, declined to an intra-day low of 668.05 and closed at 692.10.

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	1057, 994	1070.50	1075, 1099	Sd
DR. REDDY	645, 610	665.50	669, 689	Sd
HLL [Get Quote]	192, 183	201.90	203, 216	Tu
INFOSYS [Get Quote]	1962, 1883	1989.95	2009, 2061	Tu
ITC	155, 144	165.85	168, 180	Tu
RIL [Get Quote]	1900, 1849	1903.40	1925, 1950	Up
SATYAM [Get Quote]	475, 443	486.90	500, 538	Sd
SBI [Get Quote]	1550, 1531	1568.30	1591, 1625	Up
T MOTORS	722, 698	725.95	749, 771	Up
TISCO [Get Quote]	695, 670	709.50	710, 725	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.