The stock was consolidating during the trading hour and closed with positive biasness. The major trend presently in the stock is sideways. The stock is now facing resistance at 467 and has support at 445. As the stock closed with positive biasness a further up movement can be seen in the stock once it breaks its resistance.

R- 467

s- 445

The stock showed a continuous down move during the trading hour and closed with negative biasness. The trend presently in the stock is sideways. The stock is now facing resistance at 180 which is the 50 day moving average of the stock and has support at 173. Break of support may take the stock further down.

R - 180

S - 173

ONGC is moving in a downward trend and in today's trading session it manages to trade its 10 days and 50 days moving averages. It is now taking resistance at 280 and support at 274. It is looking weak on charts; one can go for short position in it at 274 for the target of 250.

R - 280

S - 274

After making high of 586.70 and a negative opening made it to trade below the 10 days and 50 days moving averages. It is now taking support 858 and resistance at 877. It is looking bearish in the coming trading session if it manages to trade below the support level of 858 else above 877 it would be in an upward trend.

R- 877

S- 858