Asian Paint
Today, Asian paints showed volatile movement. Stock opened with positive note at the starting of trading session. It took some correction and close with the loss of 27.10 points. It has support level at 3702. Further if it breaches this support level stock can move downside.

Bank of Baroda
BANK OF BARODA showed downward movements at starting of trading session and showed some recovery at the end. It made intraday high of 724 and closed on positive note. The stock has resistance at level 733 and it has support level at 712. In upcoming sessions stock may remain volatile and may test its resistance level.

Crain
The stock showed sideway movement in the range of its previous support level and resistance level and closed at positive note. It now has resistance level of 335 and support level of 324. In near future the stock may show downward movement below support level.

HDFC Bank
HDFC BANK is trading in a tight range from past many sessions. Today also it experienced a flat move facing resistance at the level of 555 above which it is likely to move bullish in the near term with the crossing of the resistance level where one can initiate a long position. Support is at 546.

ICICI Bank
Stock opened gap up, consolidated with the negative biasness and closed on positive note. The stock is facing resistance at 869 and having support at 849. It may continue the uptrend once it crosses the resistance level.

Click Here to Get all Stock Tips, Stock F&O Tips, Nifty Futures Tips on Mobile - FREE

The stock is currently moving in a downtrend. It today managed to reach our mentioned levels. Now it has next support at 1275, breach of this level may take the stock further downward else it may also bounce back from lower support levels.

Resistance - 1325

Support - 1275

The stock showed a recovery during its trading hours. The trend presently is weak in the stock. The resistance for the stock is 460 and has support at 433. Break of support may take it down further. One may go for selling the stock once it breaks its support.

Resistance - 460

Support -  433

ONGC battered down to the level of 292.05; from this level it made a smart recovery and made a high of 315.80. It is now looking strong on charts. One can go for long position in it at 316 for the target of 335.

Resisatnce - 316

Support - 289

It is taking resistance at 968 and support at 940. It is looking bearish in the coming trading session, one can go for short position in at 940 else above 968 it would be in an upward trend.

Resistance - 968

Support - 940

The stock is currently moving with positive biasness after taking support at lower levels. It faces resistance at 1351; crossing of this level may bring some more up movement in the stock. One could go for buying on dip strategy in the stock until it breaches level of 1207 in downside.

Resistance - 1351

Support - 1207

The stock is currently facing a tight range bound movement. It has support at 295, breach of this level may take the stock downward while it has resistance at 310, crossing of this level may take the stock upward.

Resistance - 310

Support - 295

HDFC Bank has strong opening in the today's session and closed on stronger notes too. The stock is looking strong on the charts and above the resistance level of 2245 some more uptrend may be seen in it.

Resistance - 2245

Support - 2150

It is taking resistance at 995 and support at 955. It is looking bullish in the coming trading session, one can go for long position in at 995 else below 955 it would be in a downward trend.

Resistance - 995

Support - 955

Wipro has volatile trading session today. The stock is trading in short term uptrend and closed above the previous day closing. So above the level of 450 some more uptrend may be seen in it.

Resistance - 450

Support - 430

The Market closed with negative trend its closed at 17592(182 negative), while Nifty -50 NSe Index closed at 5253 with red eye(59 negative). Today market breadth was negative,The CNX Midcap index was down 2.4% and the BSE Smallcap index was down 4.3%. Among the front liners, Bajaj Auto, Tata Power, Cipla, Hindalco Industries and Infosys gained 0–2%, while Mahindra & Mahindra, ONGC, Jaiprakash Associates, RCOM and Hero Honda lost between 4–6%.

The 50-share S&P CNX Nifty finally settled at 5,253.55 after losing 59 points.Nifty February 2011 futures closed at 5,282.05, at a premium of 28.50 over spot closing of 5,253.55, while Nifty March 2011 futures were at 5,295.00, at a premium of 41.45 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 9.02% or 2.28 million (mn) units, taking the total outstanding open interest (OI) to 27.59 mn units.

For Nifty calls, 5400 strike price (SP) from the February series was the most active call with a contraction of 0.63 mn or 8.28 %. Among Nifty puts, 5300 SP from the February month expiry was the most active put with an contraction of 0.06 mn or 1.13%.

You can get all Stock tips like Nifty future tips, options tips, stock F&O tips, options trading tips, stock tips for tomorrow.

The BSE Sensex 30 Index closed with red eye, down 261 point, while Nifty 50 index closed with down 83 points. The market breadth was negative, all time market was in negative trend. The top Nifty gainers were Bajaj Auto, Tata Power, BPCL and Cipla and prime losers included Mahindra & Mahindra, Kotak Mahindra, ONGC and JP.

The 50-share S&P CNX Nifty finally settled at 5,312.55 after losing 83.45 points. Nifty February 2011 futures closed at 5,320.00, at a premium of 7.45 over spot closing of 5,312.55, while Nifty March 2011 futures were at 5,339.00, at a premium of 26.45 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 9.82% or 2.40 million (mn) units, taking the total outstanding open interest (OI) to 26.92 mn units. For Nifty calls, 5400 strike price (SP) from the February series was the most active call with addition of 2.41 mn or 44.64%. Among Nifty puts, 5300 SP from the February month expiry was the most active put with an addition of 0.27 mn or 4.62%.

The stock is moving in a sideways trend from last a few trading sessions. As mentioned earlier for the stock that it faces resistance at 1007; crossing of this level may take the stock further upward till the levels of 1020-1030 in coming trading sessions. While it has support at 949.

R - 1007

S - 949

The stock is currently consolidating. It has next support at 1215; breach of this level may continue the bearish trend for the stock while it faces resistance at 1267, crossing of this level may take up the stock. One has to wait for crossing of levels on either side.

R - 1267

S - 1235

It is taking support at 1205 and resistance at 1230 from this level further upside movement would be expected. In order to be in an uptrend it has to trade and consolidate above the 10 days and 50 days moving averages. One can go for long position in it at 1230 above this level it would might be in an upward trend else it has support at 1205 below this level it would might face more selling pressure.

R - 1230

S - 1205

It is taking resistance at 948 and support at 908 in today's trading session it manage to trade above the 10 days and 50 days moving averages and it was up by 2.45 %. It is looking bullish in the coming trading session one can go for long position in at 948 else below 948 it would might be in a downward trend.

R - 948

S - 908

The stock tried to take support at lower levels earlier and is now consolidating. It has support at 2560 while resistance at 2675. One has to wait for crossing of levels on either side before taking any positions in it.

R - 2675

S - 2560