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

Sensex (Daily)

Last Close - 14411.38 | Support - 14325, 14243 | Resistance - 14454, 14524

Trading Range - The Sensex opened at 14501.46, moved up to an intra-day high of 14576.37, declined to an intra-day low of 14379.21 and closed at 14411.38.

Review/Outlook - The Sensex has reflected some amount of late weakness, has had a slightly positive opening, has received significant selling pressure to come off from its intra-day high and has finally ended in negative territory on clearly higher volume. Volatility can be the order of the day; an intra-day upside (seems like a distinct possibility) could come in above the 14435 level while some resistance at higher levels (14620) - could limit the upside. The outlook seems to have turned better again while resistance comes in at the 14600+ level and support comes in at the 14040 level.

Hind. Oil. Exp. (Daily)

Last Close - 111.90 | Support - 109, 085 | Resistance - 127, 149

Trading Range - The scrip opened at 110.10, moved up to an intra-day high of 115.45, declined to an intra-day low of 108.00 and closed at 111.90.

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.

Prime Securities [Get Quote]. (Daily)

Last Close - 059.40 | Support - 055, 044 | Resistance - 060, 069

Trading Range - The scrip opened at 058.20, moved up to an intra-day high of 060.30, declined to an intra-day low of 057.50 and closed at 059.40.

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.

Shree Ashtavinayak. (Daily)

Last Close - 201.60 | Support - 177, 157 | Resistance - 228, 269

Trading Range - The scrip opened at 192.75, moved up to an intra-day high of 201.60, declined to an intra-day low of 189.20 and closed at 201.60.

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.

Eicher Motors [Get Quote]. (Daily)

Last Close - 353.15 | Support - 329, 299 | Resistance - 369, 394

Trading Range - The scrip opened at 351.75, moved up to an intra-day high of 353.15, declined to an intra-day low of 332.00 and closed at 353.15.

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         

Scrip	Support	Last Close	Resistance	Trend
ACC	856, 829	861.70	892, 924	Sd
DR. REDDY	645, 610	654.40	669, 689	Os
HLL [Get Quote]	192, 183	198.70	203, 216	Sd
INFOSYS [Get Quote]	1883, 1812	1904.30	1962, 2061	Sd
ITC	155, 144	162.35	168, 180	Sd
RIL [Get Quote]	1737, 1705	1752.95	1785, 1820	Up
SATYAM [Get Quote]	443, 425	465.20	475, 500	Tu
SBI [Get Quote]	1304, 1281	1324.75	1332, 1379	Up
T MOTORS	722, 698	742.15	749, 771	Tu
TISCO [Get Quote]	617, 593	627.75	646, 670	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.