Sensex (Daily)
Last Close 9449.84, Support 9423, 9348, Resistance 9547, 9665
Trading Range The Sensex opened at 9271.63, moved up to an intra-day high of 9473.86, declined to an intra-day low of 9271.63 and closed at 9449.84.
Review/Outlook The Sensex has staged an incredible recovery to move up virtually from open to close and has also managed to close above the 9423 level. The outlook is cautiously optimistic and for a further upside to materialise the sanctity of the 9423 level needs to be maintained while a decisive close above the 9547 and the 9665 level in that order is a must.
Rel. Cap. (Daily)
Last Close 453.20, Support 435, 403, Resistance 464, 483
Trading Range The scrip opened at 439.80, moved up to an intra-day high of 455.10, declined to an intra-day low of 439.00 and closed at 453.20.
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.
Suzlon (Daily)
Last Close 895.75, Support 893, 855, Resistance 939, 971
Trading Range The scrip opened at 877.00, moved up to an intra-day high of 903.95, declined to an intra-day low of 877.00 and closed at 895.75.
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.
Tata Chem. (Daily)
Last Close 246.15, Support 244, 237, Resistance 258, 304
Trading Range The scrip opened at 244.00, moved up to an intra-day high of 247.60, declined to an intra-day low of 240.50 and closed at 246.15.
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.
United Brew. (Daily)
Last Close 600.90, Support 591, 546, Resistance 627, 663
Trading Range The scrip opened at 599.80, moved up to an intra-day high of 600.90, declined to an intra-day low of 590.00 and closed at 600.90.
Review/Outlook The scrip has reflected strength by appreciating with an upward gap 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 |
542, 516 |
548.50 |
569, 610 |
Td |
|
DR. REDDY |
998, 934 |
1030.55 |
1049, 1089 |
Sd |
|
HLL |
183, 172 |
187.60 |
192, 203 |
Sd |
|
INFOSYS |
2813, 2769 |
2823.55 |
2938, 3074 |
Dt |
|
ITC |
136, 126 |
143.00 |
144, 155 |
Td |
|
RIL |
700, 675 |
704.20 |
725, 750 |
Sd |
|
SATYAM |
730, 705 |
748.25 |
770, 810 |
Td |
|
SBI |
900, 871 |
908.35 |
926, 950 |
Td |
|
T MOTORS |
635, 600 |
641.00 |
650, 670 |
Sd |
|
TISCO |
349, 331 |
360.60 |
361, 373 |
Dt |
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 be having positions in the stocks mentioned above.


