Sensex (Daily)
Last Close 12575.80 | Support 12425, 12042 | Resistance 12899, 13146
Trading Range - The Sensex opened at 12740.78, moved up to an intra-day high of 12935.25, declined to an intra-day low of 12514.02 and closed at 12575.80.
Review/Outlook - The Sensex has had a mixed trading session, has had a positive 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 higher volume. Volatility can be the order of the day; an intra-day upside (seems like a formality) could come in above the 12576 level while significant resistance at higher levels (12816) would limit the upside. The outlook has turned negative again while resistance comes in at the 14700+ level and support comes in at the 12316 level.
Financial Eye. (Daily)
Last Close - 062.75 | Support - 057, 040 | Resistance - 073, 092
Trading Range - The scrip opened at 056.85, moved up to an intra-day high of 062.75, declined to an intra-day low of 056.85 and closed at 062.75.
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.
Advanced Micro. (Daily)
Last Close - 057.35 | Support - 052, 038 | Resistance - 061, 083
Trading Range - The scrip opened at 053.00, moved up to an intra-day high of 057.35, declined to an intra-day low of 050.00 and closed at 057.35.
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.
Usher Agro. (Daily)
Last Close - 124.00 | Support - 110, 087 | Resistance - 131, 158
Trading Range - The scrip opened at 108.80, moved up to an intra-day high of 126.25, declined to an intra-day low of 088.20 and closed at 124.00.
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.
Tulip IT. (Daily)
Last Close - 899.55 | Support - 880, 841 | Resistance - 918, 957
Trading Range - The scrip opened at 884.05, moved up to an intra-day high of 922.90, declined to an intra-day low of 882.50 and closed at 899.55.
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 |
484, 460 |
514.40 |
520, 573 |
Td |
|
DR. REDDY |
610, 579 |
630.10 |
645, 689 |
Td |
|
HUL |
203, 192 |
215.40 |
216, 224 |
Sd |
|
INFOSYS |
1510, 1457 |
1547.65 |
1667, 1723 |
Td |
|
ITC |
155, 140 |
162.30 |
169, 180 |
Dt |
|
RIL |
1915, 1842 |
1945.35 |
1999, 2079 |
Dt |
|
SATYAM |
385, 366 |
394.50 |
406, 425 |
Dt |
|
SBI |
1101, 1044 |
1138.75 |
1146, 1202 |
Td |
|
T MOTORS |
390, 367 |
395.40 |
422, 448 |
Sd |
|
T STEEL |
614, 586 |
625.70 |
642, 670 |
Sd |
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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