ONGC from the last few trading session moving sideways and it is now trading at 281.10, in today's trading session it manages to trade above the 10 days and 50 days moving averages. It is now looking weak on charts. One can go for short position in it at 278 for the target of 265.

Resistance - 287

Support - 278

A negative opening made this stock to trade below the 10 days and 50 days moving averages. It is looking bullish in the coming trading session if it manages to trade above the resistance level of 1094 else below 1074 it would be in a downward trend.

Resisatnce - 1094

Support - 1074

It is taking resistance at 934 and support at 960. It is looking strong on charts from this level either side of movement would be expected, one can go for short position in at 934 below this level it might face more selling pressure.

Resistance - 960

Support - 934

After making a high of 294.55 it is continuously moving in a downward trend. It is now taking support at 278 and resistance at 290. It is now trading at 283.05, form this level further downside of movement would be expected, below support level of 278 it might face more selling pressure else above 296 it would be in an upward trend.

Resistance - 296

Support - 278

After a long trading days the Stock Market Shut up at 18519, with up trend by 308 points, the index touched a high and a low of 18,568.48 and 18,271.68 respectively. While nifty closed at 5551 with up 91 points, the index touched high and low of 5,564.40 and 5,472.45, respectively.

Nifty May 2011 futures closed at 5,547.95, at a discount of 3.50 points over spot closing of 5,551.45, while Nifty June 2011 futures were at 5,562.75 at a premium of 11.30 points over spot closing. The near month May 2011 derivatives contract expires on Thursday, May 26, 2011. Nifty May futures saw addition of 0.21% or 0.05 million (mn) units, taking the total outstanding open interest (OI) to 27.80 mn units.

For Nifty calls, 5600 strike price (SP) from the May series was the most active call with a contraction of 0.25 mn or 4.68%. Among Nifty puts, 5500 SP from the May month expiry was the most active put with an addition of 0.76 or 18.54%. The maximum Call OI outstanding was at 5600 SP (5.29) and that for Puts at 5500 SP (4.91).

The BSE index settled at 18206 after a recovery & finally closed with green eye(up 1.22%), the index touched a high and a low of 18,216.85 and 17,950.17 respectively. While Nifty index closed at 5481.20 also with up trend, the index touched high of 5,484.95 and a low of 5,401.95, respectively.

Nifty March 2011 futures closed at 5,503.10 at a premium of 22.85 over spot closing of 5,480.25, while Nifty April 2011 futures were at 5,522.00 at a premium of 41.75 points over spot closing. The near month March 2011 derivatives contract expires on Thursday, March 31, 2011. Nifty March futures saw an addition of 4.53% or 0.99 million (mn) units, taking the total outstanding open interest (OI) to 22.89 mn units.

For Nifty calls, 5500 strike price (SP) from the March series was the most active call with an contraction of 0.89 mn or 12%. Among Nifty puts, 5400 SP from the March month expiry was the most active put with an addition of 2 mn or 24.87%. The maximum Call OI outstanding was at 5500 SP (6.54) and that for Puts at 5400 SP( 10). The respective Support and Resistance levels are: Resistance 5,509.48 --Pivot Point 5,455.71--Support 5,426.48. The Nifty Put Call Ratio (PCR) OI wise stood at 1.26 for March-month contracts.

The Stock Market closed at 18222, it closed with red sign 1.38%, The index touched a high and a low of 18,361.65 and 18,058.71, respectively. While Nifty Index closed at 5463, down with 1.31%, The index touched a high and a low of 5491.25 and 5408.45, respectively.

The 50-share S&P CNX Nifty finally settled at 5,463.15 after losing 75.60 points. Nifty March 2011 futures closed at 5,482.45 at a premium of 19.30 over spot closing of 5,463.15, while Nifty April 2011 futures were at 5,524.95 at a premium of 61.80 points over spot closing. The near month March 2011 derivatives contract expire on Thursday, March 31, 2011. Nifty March futures saw an addition of 5.35% or 1.21 million (mn) units, taking the total outstanding open interest (OI) to 23.92 mn units.

For Nifty calls, 5600 strike price (SP) from the March series was the most active call with a contraction of 1.80 mn or 22.29%. Among Nifty puts, 5400 SP from the February month expiry was the most active put with an addition of 0.06 mn or 0.89%. The maximum Call OI outstanding was at 5600 SP (6.27) and that for Puts at 5400 SP (7.67). The respective Support and Resistance levels are: Resistance 5,500.11 --Pivot Point 5,454.28--Support 5417.31. The Nifty Put Call Ratio (PCR) OI wise stood at 1.30 for March-month contracts.

The market closed with green eye at 18273 up 71 points, while nifty - 50 index closed at 5481 up 25 points form previous close. Market breadth was possitive. The CNX Midcap index was up 0.3% and the BSE Smallcap index was up 0.6%.

The 50-share S&P CNX Nifty finally settled at 5,481 after gaining 25 points. Nifty February 2011 futures closed at 5,476.00, at a discount of 5.00 over spot closing of 5,481.00, while Nifty March 2011 futures were at 5,497.20, at a premium of 16.20 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 5.65% or 1.44 million (mn) units, taking the total outstanding open interest (OI) to 27.10 mn units.

For Nifty calls, 5500 strike price (SP) from the February series was the most active call with an addition of 2.14 mn or 35.25%. Among Nifty puts, 5400 SP from the February month expiry was the most active put with an addition of 1.69 mn or 18.03%.

The Stock Market BSE index closed with negative trend at 17463 down with 129 points while Nifty - 50 NSE index closed at 5225 red with down 27 points. The Market breadth was negative, The CNX Midcap index was up 0.5% and the BSE Smallcap index was down 0.9%.

The 50-share S&P CNX Nifty finally settled at 5,225.80 after losing 27.75 points.Nifty February 2011 futures closed at 5,225.00, at a discount of 0.80 over spot closing of 5,225.80, while Nifty March 2011 futures were at 5,241.00, at a premium of 15.20 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 6.38% or 1.63 million (mn) units, taking the total outstanding open interest (OI) to 27.33 mn units.

For Nifty calls, 5300 strike price (SP) from the February series was the most active call with an addition of 1.74 mn or 39.29 %. Among Nifty puts, 5200 SP from the February month expiry was the most active put with an addition of 0.51 mn or 8.48%.

Market close with posstive trend Selling pressure primarily came from cement and auto stocks. Realty and oil & gas showed goods gains in today's trade. NSE nifty index close 5432 & BSE 30 Index close 18090.62. After a long time sensex close with posstive mark.

The 50-share S&P CNX Nifty finally settled at 5,432 after gaining 14.80 points or 0.27%. Nifty February 2011 futures closed at 5432.00, converging over spot closing of 5432.00, while Nifty March 2011 futures were at 5450.00, at a premium of 18.00 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 13.00% or 2.89 million (mn) units, taking the total outstanding open interest (OI) to 25.19 mn units. For Nifty calls, 5500 strike price (SP) from the February series was the most active call with addition of 0.86 mn or 15.56%. Among Nifty puts, 5400SP from the February month expiry was the most active put with an addition of 0.54 mn or 6.70%. TWHKJ6CW7CD7

The 50-share S&P CNX Nifty finally settled at 5,505.90 after losing 6.25 points or 0.11%. Nifty February 2011 futures closed at 5524.40, at a premium of 18.50 points over spot closing of 5505.90, while Nifty March 2011 futures were at 5540.00, at a premium of 34.10 points over spot closing. The near month February 2011 derivatives contracts expire on Thursday, February 24, 2011. Nifty February futures saw an addition of 13.07% or 2.67 million (mn) units, taking the total outstanding open interest (OI) to 23.09 mn units. For Nifty calls, 5600 strike price (SP) from the February series was the most active call with addition of 0.37 mn or 10.94%. Among Nifty puts, 5400SP from the February month expiry was the most active put with an addition of 0.87 mn or 13.03%. The maximum Call OI outstanding was at 5600 SP (3.76mn) and that for Puts at 5400 SP (7.62mn). The Nifty Put Call Ratio (PCR) OI wise stood at 1.15 for February-month contracts.

The 50-share NSE index fell 1.12 per cent to 5,450.35. The BSE Sensex fell as much as 1.6 per cent early on Monday, taking cues from lower other Asian markets as deadly protests in Egypt sparked fears of unrest throughout the Middle East and prompted sell-off of risky assets. Infosys and ICICI Bank led the losses in India. The main 30-share BSE index was down 1.4 per cent at 18,142.70 points by 0349 GMT, with all but one of its components in the red.

The 50-share NSE Nifty showed a bit of recovery in late trade to close above 5500 level, at 5,512, down 92 points. The 30-share BSE Sensex went down 288 points to settle at 18,396. The numbers are following: the Sensex was down 3.4% and Nifty also down 3.4%. The CNX Midcap index was down 4.3% while BSE Smallcap index was down 4.5% over the week. BSE OilGas down 4.2%, BSE Metal down 4%, BSE Auto down 5%.

The 50-share S&P CNX Nifty finally settled at 5,512.15 after losing 92.15 points or 1.64%. Nifty February futures saw an addition of 13.90% or 2.70 million (mn) units, taking the total outstanding open interest (OI) to 22.14 mn units. For Nifty calls, 5700 strike price (SP) from the February series was the most active call with addition of 1.37 mn or 45.02%. Among Nifty puts, 5500 SP from the February month expiry was the most active put with a contraction of 1.28 mn or 25.50%. The maximum Call OI outstanding was at 5700 SP (4.4mn) and that for Puts at 5500 SP (6.32mn). The respective Support and Resistance levels are: Resistance 5597.85, Pivot Point 5,528.7 Support 5,443. The Nifty Put Call Ratio (PCR) OI wise stood at 1.22 for February-month contracts.

The 30-share BSE Sensex was trading at 20,180, with loss of 120 points and the 50-share NSE Nifty fell 32 points to 6,047. Breadth was also in favour of declines; about 301 shares advanced as against 992 shares declined on Bombay Stock Exchange.

The 50-share S&P CNX Nifty finally settled at 5,696.50 after losing 15.10 points or 0.26%. Nifty January futures saw an addition of 13.30% or 2.8 million (mn) units, taking the total outstanding open interest (OI) to 23.59 mn units. For Nifty calls, 5700 strike price (SP) from the January series was the most active call with a addition of 1.31 mn or 17.60%. Among Nifty puts, 5700 SP from the January month expiry was the most active put with an addition of 0.56 mn or 9.05%.  The maximum Call OI outstanding was at 5700 SP (6.85 mn) and that for Puts at 5700 SP (6.64 mn). The respective Support and Resistance levels are: Resistance 5,739.23, Pivot Point 5,696.18, Support 5,674.82. The Nifty Put Call Ratio (PCR) OI wise stood at 0.66 for January-month contracts.

The 30-share BSE Sensex was trading at 20,180, with loss of 120 points and the 50-share NSE Nifty fell 32 points to 6,047. Breadth was also in favour of declines; about 301 shares advanced as against 992 shares declined on Bombay Stock Exchange.

The 50-share S&P CNX Nifty finally settled at 5,711.60 after gaining 20.55 points or 0.36%. Nifty January futures saw an addition of 7.73% or 1.68 million (mn) units, taking the total outstanding open interest (OI) to 23.41 mn units. For Nifty calls, 5700 strike price (SP) from the January series was the most active call with a contraction of 1.31 mn or 17.68 Among Nifty puts, 5700 SP from the January month expiry was the most active put with an addition of 0.35 mn or 5.81%.  The maximum Call OI outstanding was at 5700 SP (6.10 mn) and that for Puts at 5700 SP (6.46 mn). The respective Support and Resistance levels are: Resistance 5,786.8, Pivot Point 5,691.85, Support 5,654.25. The Nifty Put Call Ratio (PCR) OI wise stood at 0.70 for January-month contracts.