Tech stocks ended up with exception. Infosys was up at Rs 2001.90 with volumes of Rs 183.50 crs, Rolta was down at Rs 449.85 with volumes of Rs 81.05 crs, Satyam was up at Rs 461.40 with volumes of Rs 72.07 crs, and TechM closed up at Rs 15.30 with volumes of Rs 50.08 crs.

Pharma stocks witnessed negative trend with exception. Dr Reddy was down at Rs 651.10 with volumes of Rs 109.78 crs, Cipla closed up at Rs 211.45 with volumes of Rs 84.52 crs, Ranbaxy was up at Rs 394.95 with volumes of Rs 23.06 crs, and Orchid Chemical closed up at Rs 268.35 with volumes of Rs 11.66 crs.

Banking stocks showed buying opportunity. In the Public Sector banks SBI closed up at Rs 1205.75 with volumes Rs 257.33 crs & PNB closed up at Rs 535.80 with volumes Rs 48.03 crs. In the private sector ICICI Bank closed up at Rs 870.40 with volume of Rs 91.96 crs & HDFC Bank closed up at Rs 995.90 with volumes of Rs 79.16 crs.

Auto Stocks ended down with exception. Tata Motors closed down at Rs 715.20 with volumes of Rs.75.63 crs & M&M closed up at Rs 728 with volumes of Rs 39.18 crs. While in the 2 wheeler segment stocks, Bajaj Auto closed down at Rs 2667.05 with volumes of Rs 99.50 crs & Hero Honda closed down at Rs 688.10 with volumes of Rs 13.39 crs.

ement Stocks witnessed positivity. GACL closed up at Rs 123.70 with volumes of Rs 41.77 crs, ACC closed up at Rs 869.35 with volumes of Rs 31.09 crs, India Cement closed up at Rs 184 with volumes of Rs 20.50 crs and Shree Cement closed up at Rs 1048.80 with volumes of Rs 2.20 crs.

Stock Ideas.

SHREYAS SHIP

The stock has closed at 113.60.The support for the stock is at 108 levels. The stock faces resistance at 121 levels. Once past this resistance the stock will reach at 130 levels. The MACD indicator for the stock is in the positive zone and moving sideways. The stock can be bought at current level. SHREYAS SHIP Last Price 113.60 13 day EMA 108.27 50 day EMA 101.61 200day EMA 115.92 Support 108 Resistance 121 Comment BUY

EMCO LTD (504008)
The stock has closed at Rs 824.40.The support for the stock is at 807 on the lower levels and first resistance is at 844 levels. Once past this level the stock will reach at 858 on higher levels. The MACD Indicator is in the positive zone and moving upwards. The stock can be bought at current level.

SHRINGAR (532631)
The stock has closed at Rs 54.50.The support for the stock is at 51 on the lower level and first resistance is at 60 levels. Once past this resistance the stock will reach at 65 on higher levels. The MACD Indicator is in the positive zone and moving upwards. The stock can be bought at current level.

GUJAMBCEM Closing: 123.65 Mkt Lot: 2062 Margin: Rs 41000
Buy May Fut. @ 121.50 Stop Loss: Rs 120 Target: Rs 130