The market has remained in an inconclusive frame of mind, has come off its intra-day high and has finally ended the day in positive territory. Healthcare, Auto, Consumer Durables, Metals, Capital Goods, IT, Oil, Banks & PSU's have ended positive in varying degrees while FMCG has ended in negative territory. Volume registered a distinct increase (read as turnover) while the undertone seemed weak.

Sensex (Daily)

Last Close - 12902.63 | Support - 12819, 12711 | Resistance - 12925, 13030

Trading Range - The Sensex opened at 12916.67, moved up to an intra-day high of 13056.86, declined to an intra-day low of 12844.99, and closed at 12902.63.

Review/Outlook - The Sensex has reflected rather inconclusive movements by remaining within the previous trading session's range after a volatile trading session, has come off its intra-day high and has still managed to end in positive territory on clearly lower volume. Volatility can be the order of the day, action could come in only above the 13056 level or below the 12837 indicating the possibility of a range bound movement coming in with no apparent bias in sight while resistance at the 13188 level could be the roadblock for the time being.

Bhushan Steel. (Daily) 

Last Close - 478.20 | Support - 470, 432 | Resistance - 500, 540

Trading Range - The scrip opened at 465.90, moved up to an intra-day high of 478.20, declined to an intra-day low of 460.00 and closed at 478.20.

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. 

Binani Ind. (Daily)

Last Close - 240.20 | Support - 221, 189 | Resistance - 244, 268

Trading Range - The scrip opened at 235.00, moved up to an intra-day high of 241.90, declined to an intra-day low of 232.00 and closed at 240.20.

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. 

Ind. Infoline. (Daily) 

Last Close - 308.20 | Support - 306, 268 | Resistance - 347, 383

Trading Range - The scrip opened at 298.00, moved up to an intra-day high of 308.85, declined to an intra-day low of 296.00 and closed at 308.20.

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.  

Peninsula Land. (Daily) 

Last Close - 370.15 | Support - 356, 304 | Resistance - 378, 404

Trading Range - The scrip opened at 362.00, moved up to an intra-day high of 370.15, declined to an intra-day low of 358.10 and closed at 370.15.

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         

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.