The market has remained in a negative state of mind, has come off its intra-day high and has finally ended the day in negative territory.

Capital Goods & Metals have ended positive in varying degrees while Banks, Consumer Durables, Auto, FMCG, Healthcare, Oil, IT & PSUs have ended in negative territory. Volume registered a marginal increase (read as turnover) while the undertone seemed subdued.

Sensex (Daily)

Last Close -- 14363.26; Support -- 14325, 14243; Resistance -- 14454, 14524

Trading Range: The Sensex opened at 14490.03, moved up to an intra-day high of 14500.64, declined to an intra-day low of 14325.89 and closed at 14363.26.

Review/Outlook: The Sensex has reflected some amount of weakness, has had a rather strong opening, has moved down, faced significant selling pressure to come off from its intra-day high and has finally ended in negative territory on mildly higher volume.

Volatility can be the order of the day; an intra-day downside (cannot be ruled out) could come in below the 14325 level while some support at lower levels (14200 -- which could limit the downside) while a mixed bias cannot be ruled out. The outlook seems to have turned better again while resistance comes in at the 14500+ level and support comes in at the 13800 level.

Global Board. (Daily)

Last Close -- 819.15; Support -- 800, 751; Resistance -- 850, 900

Trading Range: The scrip opened at 798.30, moved up to an intra-day high of 819.15, declined to an intra-day low of 790.00 and closed at 819.15.

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.

Bayer Crop. (Daily)

Last Close -- 280.65; Support -- 223, 185; Resistance -- 288, 338

Trading Range: The scrip opened at 258.00, moved up to an intra-day high of 280.65, declined to an intra-day low of 253.50 and closed at 280.65.

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.

Pyramid Saimira (Daily)

Last Close -- 340.25; Support -- 296, 266; Resistance -- 348, 390

Trading Range: The scrip opened at 310.00, moved up to an intra-day high of 340.25, declined to an intra-day low of 306.00 and closed at 340.25.

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.

Sparsh BPO (Daily)

Last Close -- 218.30; Support -- 209, 186; Resistance -- 228, 260

Trading Range: The scrip opened at 208.95, moved up to an intra-day high of 218.30, declined to an intra-day low of 208.95 and closed at 218.30.

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.

Daily Stock Track

Scrip	Support	Last Close	Resistance	Trend
ACC	856, 829	886.85	892, 924	Up
DR. REDDY	645, 610	655.00	669, 689	Sd
HLL	192, 183	198.45	203, 216	Tu
INFOSYS	1883, 1812	1926.15	1962, 2061	Sd
ITC	155, 144	166.35	168, 180	Tu
RIL	1750, 1705	1755.75	1780, 1800	Up
SATYAM	443, 425	452.25	475, 500	Sd
SBI	1304, 1281	1305.80	1332, 1379	Up
T MOTORS	698, 670	707.95	722, 749	Sd
TISCO	646, 617	658.90	670, 695	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.