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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, Healthcare, IT, Auto, PSU & Tech have ended negative in varying degrees while the Banks, FMCG, Metal, Oil & Realty sector has ended in positive territory. Volume registered a noticeable increase (read as turnover) while the undertone seemed cautious.
Sensex (Daily)
Last Close - 15603.80 | Support - 15440, 15341 | Resistance - 15773, 15812
Trading Range - The Sensex opened at 15713.66, moved up to an intra-day high of 15824.65, declined to an intra-day low of 15568.36 and closed at 15603.80.
Review/Outlook - The Sensex has had a mixed trading session, has had a strong opening, has depreciated after facing selling pressure at higher levels, has 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 downside (seems like a possibility) could come in below the 15568 level while support at lower levels (15350) � would limit the downside. The outlook has turned bullish again while resistance comes in at the 16400+ level and support comes in at the 14005 level.
Birla Kenna. (Daily)
Last Close - 363.65 | Support - 345, 295 | Resistance - 396, 415
Trading Range - The scrip opened at 363.00, moved up to an intra-day high of 363.65, declined to an intra-day low of 355.50 and closed at 363.65.
Review/Outlook - The scrip has reflected strength by appreciating from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.
Aarvee Denim. (Daily)
Last Close - 087.45 | Support - 075, 058 | Resistance - 097, 119
Trading Range - The scrip opened at 085.00, moved up to an intra-day high of 087.45, declined to an intra-day low of 085.00 and closed at 087.45.
Review/Outlook - The scrip has reflected strength by appreciating from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.
Networth Stk. (Daily)
Last Close - 099.20 | Support - 096, 081 | Resistance - 120, 144
Trading Range - The scrip opened at 096.00, moved up to an intra-day high of 099.20, declined to an intra-day low of 096.00 and closed at 099.20.
Review/Outlook - The scrip has reflected strength by appreciating from its intra-day low and with the indicators looking positive, a further upside seems to be on the cards.
Flat Products. (Daily)
Last Close - 473.00 | Support - 445, 378 | Resistance - 500, 550
Trading Range - The scrip opened at 455.00, moved up to an intra-day high of 473.00, declined to an intra-day low of 446.00 and closed at 473.00.
Review/Outlook - The scrip has reflected strength by appreciating 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 | 1099, 1075 | 1106.85 | 1155, 1192 | Up |
DR. REDDY | 610, 579 | 640.40 | 645, 669 | Sd |
HUL | 203, 192 | 211.95 | 216, 224 | Up |
INFOSYS [Get Quote] | 1785, 1723 | 1830.30 | 1834, 1878 | Td |
ITC | 180, 168 | 180.35 | 193, 213 | Up |
RIL [Get Quote] | 2000, 1948 | 2034.50 | 2050, 2100 | Up |
SATYAM [Get Quote] | 425, 406 | 430.70 | 443, 471 | Td |
SBI [Get Quote] | 1652, 1608 | 1653.55 | 1676, 1726 | Up |
T MOTORS | 670, 635 | 693.80 | 698, 722 | Sd |
TISCO [Get Quote] | 695, 670 | 703.55 | 731, 750 | Up |
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