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

Sensex  (Daily)                                                                             

Last Close - 12644.99 | Support - 12622, 12546 | Resistance - 12711, 12819

Trading Range - The Sensex opened at 12484.64, moved up to an intra-day high of 12655.00, declined to an intra-day low of 12426.66, and closed at 12644.99.            

Review/Outlook - The Sensex has reflected significant amount of strength by not being able to sustain itself at lower levels and has had a strong opening to recover throughout the trading session after coming off its intra-day low and has ended the day sharply in positive territory on clearly lower volume. Volatility can be the order of the day; intra-day upside could come in only above the 12655 level while a good opening almost seems like a formality while it remains to be seen whether these anticipated positives are sustained till the end of the trading session or not.  

Bombay Burmah. (Daily)                                                           

Last Close - 297.70 | Support - 265, 242 | Resistance - 315, 386

Trading Range - The scrip opened at 280.00, moved up to an intra-day high of 297.70, declined to an intra-day low of 280.00 and closed at 297.70.

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. 

Bartronics. (Daily)                                                

Last Close - 114.10 | Support - 109, 090 | Resistance - 118, 133

Trading Range - The scrip opened at 108.00, moved up to an intra-day high of 114.10, declined to an intra-day low of 105.75 and closed at 114.10.

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. 

Sulzer India. (Daily)                                        

Last Close - 269.35 | Support - 267, 230 | Resistance - 295, 324

Trading Range - The scrip opened at 268.00, moved up to an intra-day high of 273.00, declined to an intra-day low of 247.05 and closed at 269.35.

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.  

Panorama Uni. (Daily)                                             

Last Close - 137.95 | Support - 130, 109 | Resistance - 139, 158

Trading Range - The scrip opened at 134.30, moved up to an intra-day high of 140.85, declined to an intra-day low of 134.30 and closed at 137.95.

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	724, 697	739.25	750, 793	Os
DR. REDDY	669, 645	677.65	689, 712	Sd
HLL	172, 163	180.20	183, 192	Sd
INFOSYS	2061, 1962	2086.75	2133, 2208	Dt
ITC	136, 125	142.00	144, 155	Dt
RIL	1293, 1270	1314.00	1316, 1342	Td
SATYAM	425, 406	433.40	443, 475	Sd
SBI	926, 900	928.30	950, 973	Dt
T MOTORS	749, 722	770.85	771, 811	Dt
TISCO	425, 416	429.75	437, 452	Td

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.