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

Sensex (Daily)

Last Close - 15776.31 | Support - 15773, 15683 | Resistance - 15868, 15900

Trading Range - The Sensex opened at 15768.28, moved up to an intra-day high of 15812.27, declined to an intra-day low of 15654.40 and closed at 15776.31.

Review/Outlook - The Sensex has had a mixed trading session, has had a decent opening, has depreciated after facing selling pressure at higher levels, but has come off from its intra - day low and has finally ended in positive territory on clearly lower volume. Volatility can be the order of the day; an intra-day downside (seems like a formality) could come in below the 15742 level while some support at lower levels (15440) - could limit the downside. The outlook seems to have turned better again while resistance comes in at the 16000+ level and support comes in at the 14800 level.

Patel Engg. (Daily)

Last Close - 465.50 | Support - 442, 422 | Resistance - 473, 494

Trading Range - The scrip opened at 470.00, moved up to an intra-day high of 475.00, declined to an intra-day low of 455.00 and closed at 465.50.

Review/Outlook - The scrip has reflected weakness by declining from its intra-day high and with the indicators looking negative, a further downside seems to be on the cards.

Pfc. (Daily)

Last Close - 184.65 | Support - 164, 140 | Resistance - 191, 206

Trading Range - The scrip opened at 189.80, moved up to an intra-day high of 191.00, declined to an intra-day low of 183.50 and closed at 184.65.

Review/Outlook - The scrip has reflected weakness by declining from its intra-day high and with the indicators looking negative, a further downside seems to be on the cards.

Rnrl. (Daily)

Last Close - 042.40 | Support - 041, 032 | Resistance - 044, 052

Trading Range - The scrip opened at 042.70, moved up to an intra-day high of 043.35, declined to an intra-day low of 042.10 and closed at 042.40.

Review/Outlook - The scrip has reflected weakness by declining from its intra-day high and with the indicators looking negative, a further downside seems to be on the cards.

Vishal Retail. (Daily)

Last Close - 708.35 | Support - 668, 640 | Resistance - 727, 756

Trading Range - The scrip opened at 698.00, moved up to an intra-day high of 718.50, declined to an intra-day low of 691.00 and closed at 708.35.

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.

Daily Stock Track

Scrip	Support	Last Close	Resistance	Trend
ACC	994, 965	1021.65	1057, 1075	Sd
DR. REDDY	645, 610	666.25	669, 689	Sd
HLL [Get Quote]	203, 192	204.65	216, 224	Tu
INFOSYS [Get Quote]	2009, 1962	2034.95	2061, 2133	Tu
ITC	155, 144	166.60	168, 180	Tu
RIL [Get Quote]	1925, 1900	1941.00	1950, 2000	Up
SATYAM [Get Quote]	475, 443	494.60	500, 538	Sd
SBI [Get Quote]	1550, 1531	1550.85	1591, 1625	Up
T MOTORS	722, 698	730.65	749, 771	Up
TISCO [Get Quote]	695, 670	703.45	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.