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Stock for Today
Asian Paint
Today, Asian paints showed downside movement throughout the trading session. It made intraday low 3590.40 and closed with the net loss of 114.70 points..It has support level at 3545 and resistance level at 3736.Further if it breaches its support level stock can move down.

Axis Bank
In today’s trading session, the stock showed downside movement and closed on negative note. The stock is trading below its 50 period moving averages. It now has next resistance level at 1094 and support level at 1001. In upcoming session, it may show upward movement.

Bank of Baroda
BANK OF BARODA traded with negative biasness throughout the trading session, after a gap down opening. It made intraday low of 676.85 and closed with a loss of 2.23%. The stock has resistance at level 702 and it has support level at 660. In upcoming sessions stock may remain volatile and some corrections can be seen once it breaches its support level.

Coal India
Coal India showed small correction and had downside movement in todays trading session closing below its 10 days and 50 days moving average. Below the support mark of 354 one can expect the stock prices to take downside movement. One may go for short in the stock below the support level. It is having resistance at 360.

Nifty Trend Today
Nifty Futures shut stop at 5122.10 down by5122.10 points . It is looking bullish in the coming trading session if it manages to trade above the resistance level of 5400 else below support level of 5150 it would be in a downward trend.

RESISTANCE: It has first resistance close to the level of 5200 & above this level the next resistance is seen near the 5550 mark.

SUPPORT: It has first support close to the level of 5100 & below this level the next support is seen near 5005 mark.


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