Sensex (Daily)
Last Close - 17773.36 | Support - 17708, 17361 | Resistance - 18000, 18200
Trading Range - The Sensex opened at 17831.68, moved up to an intra-day high of 17979.18, declined to an intra-day low of 17708.80 and closed at 17773.36.
Review/Outlook - The Sensex has had a mixed trading session, has had a decent opening, has moved both ways, has faced selling pressure at higher levels, has come off from its intra - day high and has finally ended in negative territory on clearly lower volume. Volatility can be the order of the day; an intra-day downside (seems like a possibility) could come in below the 17708 level while support at lower levels (17494) would limit the downside. The outlook has turned bullish again while resistance comes in at the 19200+ level and support comes in at the 16800 level.
Jaibala Ind. (Daily)
Last Close - 198.85 | Support - 190, 173 | Resistance - 225, 250
Trading Range - The scrip opened at 198.00, moved up to an intra-day high of 198.85, declined to an intra-day low of 193.10 and closed at 198.85.
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.
Gontermann Peip. (Daily)
Last Close - 089.30 | Support - 088, 071 | Resistance - 099, 125
Trading Range - The scrip opened at 086.50, moved up to an intra-day high of 089.30, declined to an intra-day low of 085.05 and closed at 089.30.
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.
Alphageo Ind. (Daily)
Last Close - 525.20 | Support - 498, 444 | Resistance - 539, 575
Trading Range - The scrip opened at 495.10, moved up to an intra-day high of 525.20, declined to an intra-day low of 490.00 and closed at 525.20.
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.
Birla Kenna. (Daily)
Last Close - 538.00 | Support - 500, 450 | Resistance - 550, 600
Trading Range - The scrip opened at 519.45, moved up to an intra-day high of 538.00, declined to an intra-day low of 502.00 and closed at 538.00.
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 |
1155, 1099 |
1176.60 |
1192, 1220 |
Sd |
|
DR. REDDY |
645, 610 |
653.45 |
669, 689 |
Up |
|
HUL |
216, 203 |
221.30 |
224, 240 |
Sd |
|
INFOSYS |
1962, 1883 |
1989.65 |
2009, 2061 |
Up |
|
ITC |
168, 155 |
178.75 |
180, 193 |
Td |
|
RIL |
2426, 2364 |
2483.90 |
2500, 2550 |
Up |
|
SATYAM |
443, 425 |
444.45 |
471, 496 |
Up |
|
SBI |
1837, 1782 |
1863.25 |
1877, 1900 |
Up |
|
T MOTORS |
771, 749 |
779.70 |
811, 849 |
Up |
|
TISCO |
808, 762 |
832.90 |
875, 900 |
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 not only be having positions but could even be having contrary positions in the stocks mentioned above.
