The market has run into resistance at higher levels, has come off its intra-day high and has finally ended the day in positive territory. Consumer Durables, Auto, Metals, Capital Goods, FMCG & Healthcare have ended positive in varying degrees while Banks, IT, Oil & PSU's have ended in negative territory. Volume registered a nominal increase (read as turnover) while the undertone seemed weak.
Sensex (Daily)
Last Close - 13616.73 | Support - 13576, 13461 | Resistance - 13652, 13723
Trading Range - The Sensex opened at 13649.20, moved up to an intra-day high of 13711.76, declined to an intra-day low of 13586.04 and closed at 13616.73.
Review/Outlook - The Sensex has reflected some amount of weakness by opening with a downward gap and declining from open to close to end sharply in negative territory on distinctly lower volume. A range bound movement seems to be on the cards while an intra-day downside cannot be ruled out but only below the 13577 level while intra-day support could lead to a strong recovery towards the end.
Ramco Sys. (Daily)
Last Close - 208.60 | Support - 196, 169 | Resistance - 233, 270
Trading Range - The scrip opened at 204.90, moved up to an intra-day high of 209.10, declined to an intra-day low of 203.00 and closed at 208.60.
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.
Sical Log. (Daily)
Last Close - 200.90 | Support - 181, 139 | Resistance - 206, 264
Trading Range - The scrip opened at 200.90, moved up to an intra-day high of 200.90, declined to an intra-day low of 199.00 and closed at 200.90.
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.
Murali Agro. (Daily)
Last Close - 432.60 | Support - 425, 394 | Resistance - 475, 500
Trading Range - The scrip opened at 420.10, moved up to an intra-day high of 437.00, declined to an intra-day low of 420.00 and closed at 432.60.
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 Ind. (Daily)
Last Close - 191.70 | Support - 175, 145 | Resistance - 200, 250
Trading Range - The scrip opened at 180.00, moved up to an intra-day high of 191.70, declined to an intra-day low of 180.00 and closed at 191.70.
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
|
Scrip |
Support |
Last Close |
Resistance |
Trend |
|
ACC |
1110, 1061 |
1146.00 |
1150, 1200 |
Up |
|
DR. REDDY |
733, 700 |
734.65 |
757, 795 |
Sd |
|
HLL |
224, 216 |
235.95 |
240, 255 |
Sd |
|
INFOSYS |
2100, 2000 |
2157.90 |
2200, 2300 |
Sd |
|
ITC |
180, 168 |
184.15 |
190, 210 |
Sd |
|
RIL |
1241, 1195 |
1249.10 |
1300, 1350 |
Sd |
|
SATYAM |
443, 430 |
451.60 |
475, 500 |
Tu |
|
SBI |
1300, 1250 |
1301.25 |
1350, 1400 |
Up |
|
T MOTORS |
771, 749 |
809.95 |
811, 849 |
Sd |
|
TISCO |
466, 452 |
477.00 |
480, 500 |
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.
DISCLAIMER : While efforts have been made to ensure the accuracy of the information provided in this content, the authors shall not be held responsible for any loss, harm or injury arising in any manner whatsoever, including those arising directly, indirectly, consequentially or otherwise and whether financial, mental or otherwise, caused to any person whatsoever who accesses or uses or is supplied with the content (consisting of articles, information, analyses, etc.) provided at this site or who otherwise relies on such content. Readers are advised to cross verify the information and to also seek professional and expert advice before taking any decision based on the content provided above or acting on any recommendations made herein. The information or opinions provided herein are not a substitute for professional advice.
Sebi Disclosure: The author is an active market participant and could even be having contrary positions in the stocks mentioned above.
Chat with market expert Pranav Sanghavi every Tuesday
© 2026