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

Sensex (Daily)

Last Close - 12705.94 | Support - 12622, 12546 | Resistance - 12711, 12819

Trading Range - The Sensex opened at 12746.94, moved up to an intra-day high of 12798.80, declined to an intra-day low of 12674.77, and closed at 12705.94.

Review/Outlook - The Sensex has reflected a slightly paradoxical situation of sorts by not being able to sustain itself at higher levels despite having had a rather strong opening to move both days throughout the trading session after coming off its intra-day high and has ended the day in positive territory on clearly higher volume. Volatility can be the order of the day; intra-day upside could come in only above the 12799 level while an intra-day downside could come in below the 12674 level while the possibility of a range bound movement cannot be ruled out.

Akruti Nirman. (Daily)

Last Close - 421.65 | Support - 416, 367 | Resistance - 442, 468

Trading Range - The scrip opened at 410.05, moved up to an intra-day high of 431.00, declined to an intra-day low of 410.00 and closed at 421.65.

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.

Diamond Cable. (Daily)

Last Close - 142.30 | Support - 136, 117 | Resistance - 149, 170

Trading Range - The scrip opened at 139.90, moved up to an intra-day high of 142.30, declined to an intra-day low of 138.00 and closed at 142.30.

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. Inv. Trust. (Daily)

Last Close - 085.50 | Support - 078, 068 | Resistance - 089, 105

Trading Range - The scrip opened at 077.80, moved up to an intra-day high of 085.50, declined to an intra-day low of 077.80 and closed at 085.50.

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.

Hind. Comp. (Daily)

Last Close - 276.70 | Support - 255, 236 | Resistance - 300, 355

Trading Range - The scrip opened at 269.90, moved up to an intra-day high of 276.70, declined to an intra-day low of 269.50 and closed at 276.70.

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.

Daily Stock Track          

Scrip	Support	Last Close	Resistance	Trend
ACC	724, 697	748.30	750, 793	Os
DR. REDDY	669, 645	679.50	689, 712	Sd
HLL	183, 172	184.00	192, 203	Sd
INFOSYS	1962, 1883	2054.20	2061, 2133	Dt
ITC	136, 125	140.95	144, 155	Dt
RIL	1316, 1293	1321.05	1342, 1373	Td
SATYAM	443, 425	445.70	475, 500	Sd
SBI	950, 926	952.60	973, 1000	Dt
T MOTORS	749, 722	769.70	771, 811	Dt
TISCO	416, 406	424.10	425, 437	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.