My Error got resolved.
You can use :
<system.serviceModel>
<bindings>
<customBinding>
<binding name="CustomBinding_IOrganizationService">
<security defaultAlgorithmSuite="Default" authenticationMode="SspiNegotiated" requireDerivedKeys="true" securityHeaderLayout="Strict"
includeTimestamp="true" keyEntropyMode="CombinedEntropy" messageProtectionOrder="SignBeforeEncryptAndEncryptSignature"
messageSecurityVersion="WSSecurity11WSTrustFebruary2005WSSecureConversationFebruary2005WSSecurityPolicy11BasicSecurityProfile10"
requireSecurityContextCancellation="true" requireSignatureConfirmation="false">
<localClientSettings cacheCookies="true" detectReplays="true"
replayCacheSize="900000" maxClockSkew="00:05:00" maxCookieCachingTime="00:30:00"
replayWindow="00:05:00" sessionKeyRenewalInterval="10:00:00"
sessionKeyRolloverInterval="00:05:00" reconnectTransportOnFailure="true"
timestampValidityDuration="00:05:00" cookieRenewalThresholdPercentage="60" />
<localServiceSettings detectReplays="true" issuedCookieLifetime="10:00:00"
maxStatefulNegotiations="128" replayCacheSize="900000" maxClockSkew="00:05:00"
negotiationTimeout="00:01:00" replayWindow="00:05:00" inactivityTimeout="00:02:00"
sessionKeyRenewalInterval="15:00:00" sessionKeyRolloverInterval="00:05:00"
reconnectTransportOnFailure="true" maxPendingSessions="128"
maxCachedCookies="1000" timestampValidityDuration="00:05:00" />
<secureConversationBootstrap />
</security>
<textMessageEncoding maxReadPoolSize="64" maxWritePoolSize="16"
messageVersion="Default" writeEncoding="utf-8">
<readerQuotas maxDepth="32" maxStringContentLength="8192" maxArrayLength="996384"
maxBytesPerRead="999096" maxNameTableCharCount="996384" />
</textMessageEncoding>
<httpTransport manualAddressing="false" maxBufferPoolSize="999999"
maxReceivedMessageSize="999999" allowCookies="false" authenticationScheme="Negotiate"
bypassProxyOnLocal="false" decompressionEnabled="true" hostNameComparisonMode="StrongWildcard"
keepAliveEnabled="true" maxBufferSize="999999" proxyAuthenticationScheme="Negotiate"
realm="" transferMode="Streamed" unsafeConnectionNtlmAuthentication="false"
useDefaultWebProxy="true" />
</binding>
</customBinding>
</bindings>
<client>
<endpoint address="sampledemo.api.crm.dynamics.com/.../Organization.svc"
binding="customBinding" bindingConfiguration="CustomBinding_IOrganizationService"
contract="Microsoft.Xrm.Sdk.IOrganizationService" name="CustomBinding_IOrganizationService">
</endpoint>
</client>
</system.serviceModel>
Use the above code in App.config file or Web.config file.
It might help you.
