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.
Get all Stock tips, Live Nifty Tips, Stock Future and Option Tips on Mobile. Just Fill the form
Options for today
On the call options front addition of open interest was witnessed in last trading session at strike price of
5300 and 5400.
On the put options front we have seen addition of open interest in last trading session at strike price of 5000 and 5100.
OI Chart Analysis: From the OI Chart we can see the strike price witnessed highest addition of open interest in the April Series. In coming sessions market may trade in a range of 5100-5400. On the call option front strike price with the highest open interest i.e. 5300 and 5400 may act as resistance on the up side whereas on the put option front strike price with the highest open interest i.e.5000 and 5100 may act as a support on the downside.
Nifty Futures for the day
Nifty Futures shut stop at 5198.60 down 103.40 points or -1.95 %. It is looking bearish in the coming trading session if it manages to trade below the support level of 5180 else above resistance level of 5320 it would be in an upward trend.
RESISTANCE: It has first resistance close to the level of 5320 & above this level the next resistance is seen near the 5370 mark.
SUPPORT: It has first support close to the level of 5180 & below this level the next support is seen near 5130 mark.
Intraday Stock for Today
Infosys
INFOSYS showed negative movements in today’s trading session and made intraday low of the 2305 stock now has resistance level at 2390 and may take support from the level of 2300. In short term it is expected to remain olatile, also crossing of support level may take stock further down.
ONGC
The stock was trading sideways during the trading hour and closed on positive note.The major trend presently in the stock is up. The stock is now faing resistance at 276 and has support at 259. Break of resistance may take the stock further up. One may go for buying the stock once it breaks its resistance level.
Fill Our Form & Get all Stock Intraday Tips, Nifty Future Tips, Option Tips & all Updates on Mobile.
