The level of 4095 will continue to act as a major support level.Among the heavyweights, Satyam Comp showed a smart improvement during the second half of the day. The next hurdle for the stock is at around Rs 395.

The level of Rs 354 should be considered as a major support level.Infosys also showed a bounce. The stock has made a support at Rs 7,220, which should be used as stop-loss. The next major hurdle for the stock is at around Rs 7,600.

Zee Tele remained in a narrow range and the level of Rs 315 should be used as stop-loss.

Among old economy shares, the cement sector remained mixed with Guj Ambuja showing strong trend, and L&T and ACC witnessing profit-booking at higher levels.

For L&T, unless the level of Rs 196 is broken, the short-term outlook will remain positive. ACC has made a resistance at Rs 159. The level of Rs 154 can be used as stop-loss level. For Guj Ambuja cement, which remained in demand, the level of Rs 150 should be treaded as stop-loss point.

HLL managed to show a sideways movement, and the position is likely to improve above Rs 196. SBI too remained in demand and Rs 190 should be used as stop-loss for long positions. MTNL also did well. The stock is above its first hurdle. Bhel also crossed its first resistance, and performance is likely to be positive in the near future.

Meanwhile, Reliance remained in a narrow range. The level of Rs 336 should be used as stop-loss and uptrend is likely to gather momentum above Rs 342. Reliance Petro is likely to gather steam above Rs 60. For ITC, the position will further improve above Rs 870. Overall, while the cement stocks may show a corrective move, the performance of tech stocks is expected to be positive in the near future. DSQ Soft, Wipro, HFCL, and Global Tele may do well.