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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Today BSE index closed at 18502, down by 151 points, the index touched a high and a low of 18,765.60 and 18,473.90 respectively. Nifty shut up at 5567, down by 46 points.

Nifty July 2011 futures closed at 5,565.90, at a discount of 1.15 point over spot closing of 5,567.05, while Nifty August 2011 futures were at 5,588.00 at a premium of 20.95 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 9.67% or 2.03 million (mn) units, taking the total outstanding open interest (OI) to 23.02 mn units.

Among Nifty calls, 5600 SP from the July month expiry was the most active call with decline of 1.97 million or 27.63%. Among Nifty puts, 5600 SP from the July month expiry was the most active put with decline of 0.49 million or 6.56%. The maximum Call OI outstanding for Calls was at 5600 SP (9.09 mn) and that for Puts was at 5500 SP (7.06 mn).

Today Sensex closed at 18507, The index touched a high and a low of 18,622.56 and 18,469.53 respectively. While Nifty shut up at 5567, The index touched high and low of 5,596.60 and 5,550.95 respectively.

Nifty July 2011 futures closed at 5,569.40, at a premium of 2.35 point over spot closing of 5,567.05, while Nifty August 2011 futures were at 5,588.00 at a premium of 20.95 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 7.94% or 1.72 million (mn) units, taking the total outstanding open interest (OI) to 23.41 mn units.

Among Nifty puts, 5600 SP from the July month expiry was the most active put with addition of 0.47 million. The maximum Call OI outstanding for Calls was at 5600 SP (8.08 mn) and that for Puts was at 5500 SP (6.87 mn). The respective Support and Resistance levels are: Resistance 5592.11-- Pivot Point 5571.53-- Support 5546.46.

The Sensex closed at 18412, down on continues day by 310 ponits, the index touched a high and a low of 18,589.19 and 18,326.42 respectively. While Nifty Index shut up at 5526, down by 90 points, the index touched high and low of 5,580.25 and 5,496.95 respectively.

Nifty July 2011 futures closed at 5,526.00, at a discount of 0.15 point over spot closing of 5,526.15, while Nifty August 2011 futures were at 5,544.00 at a premium of 17.85 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 8.78% or 1.99 million (mn) units, taking the total outstanding open interest (OI) to 24.66 mn units.

Among Nifty puts, 5600 SP from the July month expiry was the most active put with decline of 1.30 million or 16.97%. The maximum Call OI outstanding for Calls was at 5700 SP (6.57mn) and that for Puts was at 5600 SP (8.99 mn). The respective Support and Resistance levels are: Resistance 5571.95-- Pivot Point 5534.45-- Support 5488.65. The Nifty Put Call Ratio (PCR) OI wise stood at 1.07 for July -month contract.

The BSE Index closed at 19078, up by 351 points, the index touched a high and a low of 19,097.78 and 18,767.25 respectively. Nifty Index shut up at 5729, up by 103 ponits.

Nifty July 2011 futures closed at 5,745.30, at a premium of 16.35 point over spot closing of 5,728.95, while Nifty August 2011 futures were at 5,763.40 at a premium of 34.45 points over spot closing. The near month July 2011 derivatives contract expires on Thursday, 28 July, 2011. Nifty July futures saw an addition of 12.01% or 2.60 million (mn) units, taking the total outstanding open interest (OI) to 24.27 mn units.From the most active underlying, SBI’s July 2011 futures closed at a premium of 0.50 points at 2487.00 compared with spot closing of 2486.50. The number of contracts traded was 22,630.

Among Nifty puts, 5600 SP from the July month expiry was the most active put with addition of 1.89 million or 39.27%.The maximum Call OI outstanding for Calls was at 5700 SP (5.09 mn) and that for Puts was at 5600 SP (6.72 mn). The respective Support and Resistance levels are: Resistance 5766.42-- Pivot Point 5699.68 -- Support 5662.22.