The market has remained in a positive state of mind, has come off its intra-day low and has finally ended the day in positive territory. Banks, Capital Goods, Consumer Durables, FMCG, PSU, Healthcare, IT, Auto & Oil have ended positive in varying degrees while Metals have ended in negative territory. Volume registered a nominal increase (read as turnover) while the undertone seemed better.
Sensex
Last Close - 14650.51 | Support - 14620, 14524 | Resistance - 14723, 14850
Trading Range - The Sensex opened at 14589.52, moved up to an intra-day high of 14663.25, declined to an intra-day low of 14574.45 and closed at 14650.51.
Review/Outlook - The Sensex has had a rather upbeat trading session, has had a positive opening, has appreciated after receiving buying support at lower levels, has come off from its intra - day low and has finally ended in positive territory on marginally higher volume. Volatility can be the order of the day; an intra-day upside (seems like a possibility) could come in above the 14664 level while some resistance at higher levels (14720) - could limit the upside. The outlook seems to have turned better again while resistance comes in at the 14720+ level and support comes in at the 14040 level.
Karuturi Netw
Last Close - 189.85 | Support - 183, 166 | Resistance - 194, 220
Trading Range - The scrip opened at 183.80, moved up to an intra-day high of 189.85, declined to an intra-day low of 179.90 and closed at 189.85.
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.
Gmr Industries
Last Close - 170.35 | Support - 144, 129 | Resistance - 183, 216
Trading Range - The scrip opened at 168.00, moved up to an intra-day high of 170.35, declined to an intra-day low of 167.40 and closed at 170.35.
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.
Jetking Info
Last Close - 585.10 | Support - 574, 532 | Resistance - 619, 645
Trading Range - The scrip opened at 543.10, moved up to an intra-day high of 585.10, declined to an intra-day low of 543.10 and closed at 585.10.
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.
Sulzer India
Last Close - 451.90 | Support - 448, 414 | Resistance - 475, 500
Trading Range - The scrip opened at 445.00, moved up to an intra-day high of 455.00, declined to an intra-day low of 436.25 and closed at 451.90.
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.
