Re: Recommendtaions From Various Sources
The market has moved up virtually from open to close to post a new high and has ended the day clearly in positive territory. FMCG, Pharma, Capital Goods, Consumer Durables, Oil, IT, Auto and PSU's have ended positive in varying degrees while Metals and Banks have ended in negative territory. Volume registered a decent increase (read as turnover) while the undertone seemed bullish.
Sensex (Daily)
Last Close - 10111 | Support - 10100, 9987 | Resistance - 10200, 10300
Trading Range - The Sensex opened at 10066, moved up to an intra-day high of 10122, declined to an intra-day low of 10057 and closed at 10111.
Review/Outlook - The Sensex has once again created history to not only post a fresh all time high but has also closed at an all time high on higher volume. The outlook continues to remain positive as the sequence of higher tops and bottoms is very much on and while a further upside cannot be ruled out – support comes in at the 9987 and the 9945 level.
Dolphin Off. (Daily)
Last Close - 335.60 | Support - 329, 285 | Resistance - 363, 372
Trading Range - The scrip opened at 328.00, moved up to an intra-day high of 335.60, declined to an intra-day low of 320.00 and closed at 335.60.
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.
Taneja Aero. (Daily)
Last Close - 150.45 | Support - 147, 130 | Resistance - 157, 173
Trading Range - The scrip opened at 145.90, moved up to an intra-day high of 150.45, declined to an intra-day low of 143.50 and closed at 150.45.
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.
Champagne Ind. (Daily)
Last Close - 353.70 | Support - 343, 294 | Resistance - 386, 455
Trading Range - The scrip opened at 349.00, moved up to an intra-day high of 353.70, declined to an intra-day low of 344.00 and closed at 353.70.
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.
U. B. Hold. (Daily)
Last Close - 570.45 | Support - 546, 513 | Resistance - 591, 627
Trading Range - The scrip opened at 570.00, moved up to an intra-day high of 570.45, declined to an intra-day low of 570.00 and closed at 570.45.
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.
The market has moved up virtually from open to close to post a new high and has ended the day clearly in positive territory. FMCG, Pharma, Capital Goods, Consumer Durables, Oil, IT, Auto and PSU's have ended positive in varying degrees while Metals and Banks have ended in negative territory. Volume registered a decent increase (read as turnover) while the undertone seemed bullish.
Sensex (Daily)
Last Close - 10111 | Support - 10100, 9987 | Resistance - 10200, 10300
Trading Range - The Sensex opened at 10066, moved up to an intra-day high of 10122, declined to an intra-day low of 10057 and closed at 10111.
Review/Outlook - The Sensex has once again created history to not only post a fresh all time high but has also closed at an all time high on higher volume. The outlook continues to remain positive as the sequence of higher tops and bottoms is very much on and while a further upside cannot be ruled out – support comes in at the 9987 and the 9945 level.
Dolphin Off. (Daily)
Last Close - 335.60 | Support - 329, 285 | Resistance - 363, 372
Trading Range - The scrip opened at 328.00, moved up to an intra-day high of 335.60, declined to an intra-day low of 320.00 and closed at 335.60.
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.
Taneja Aero. (Daily)
Last Close - 150.45 | Support - 147, 130 | Resistance - 157, 173
Trading Range - The scrip opened at 145.90, moved up to an intra-day high of 150.45, declined to an intra-day low of 143.50 and closed at 150.45.
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.
Champagne Ind. (Daily)
Last Close - 353.70 | Support - 343, 294 | Resistance - 386, 455
Trading Range - The scrip opened at 349.00, moved up to an intra-day high of 353.70, declined to an intra-day low of 344.00 and closed at 353.70.
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.
U. B. Hold. (Daily)
Last Close - 570.45 | Support - 546, 513 | Resistance - 591, 627
Trading Range - The scrip opened at 570.00, moved up to an intra-day high of 570.45, declined to an intra-day low of 570.00 and closed at 570.45.
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.