Sensex (Daily)  

Last Close - 12736.82 | Support - 12711, 12622 | Resistance - 12819, 12925

Trading Range - The Sensex opened at 12785.29, moved up to an intra-day high of 12837.28, declined to an intra-day low of 12714.72 and closed at 12736.82.

Review/Outlook - The Sensex has reflected some amount of indecision by staying within the previous day's trading range but has somehow managed to end in positive territory after ending negative for three trading sessions in a row on obviously lower volume. A range bound movement seems to be on the cards while an intra-day downside cannot be ruled out especially below the 12654 level but strong support below the 12632 level could lead to a late recovery.                         

Walchandnagar. (Daily)                                                       

Last Close - 692.35 | Support - 661, 608 | Resistance - 693, 727

Trading Range - The scrip opened at 684.80, moved up to an intra-day high of 692.70, declined to an intra-day low of 665.00 and closed at 692.35.

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. 

Ushdev Int. (Daily)

Last Close - 109.20 | Support - 096, 065 | Resistance - 110, 133

Trading Range - The scrip opened at 108.95, moved up to an intra-day high of 109.20, declined to an intra-day low of 108.00 and closed at 109.20.

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.

Godrej [Get Quote] Ind. (Daily) 

Last Close - 124.55 | Support - 120, 088 | Resistance - 145, 175

Trading Range - The scrip opened at 122.50, moved up to an intra-day high of 124.65, declined to an intra-day low of 120.00 and closed at 124.55.

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 Ind. (Daily)

Last Close - 287.50 | Support - 257, 216 | Resistance � 310, 368

Trading Range - The scrip opened at 287.50, moved up to an intra-day high of 287.50, declined to an intra-day low of 282.40 and closed at 287.50.

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           

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.