ONGC share price chart and stock tips - Stock witnessing selling pressure from resistance @ 240 - updated for 28th December 2015, Monday

ONGC CORPORATION

Above technical chart of ONGC indicates that it is witnessing selling pressure from strong trend line resistance zone @ 240, as long as it holds below bears will be favored and stock may see some further weakness in coming days.

Stock also witnessing selling pressure from 50 DMA this will favor bears.

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Bulls action can be seen once stock closes and holds above its resistance zone @ 240.

So far stock major trend indicators are moving in +ve zone once they turned -ve then selling pressure may happen in ONGC corporation.

On 24th December 2015, Thursday ONGC share price was closed at 234.25.

ONGC stock market tips updated on 10th July 2015, Friday.

ONGC CORPORATION

ONGC closes below its major trend line support zone, technical indicates bears will be favored as long as ONGC holds below 297.50. Its previous support will now act as a major resistance for ONGC.

Free intraday stock tips for 13th July 2015, Monday.

ONGC looks weak below 291.50.

Support around 288.50, 286.

S.L 293.50.

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Stock tips on ONGC corporation chart updated on 12th June 2015, Friday.

ONGC CORPORATION

Stock tips on ONGC corporation indicates that it is finding strong trend line support at current levels, as long as it holds above bulls will be favored.

But once it closes and holds below then further weakness can be seen in coming days.

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ONGC Stock Tips , Stock may see some further weakness once it closes and holds below 312.50.

ONGC CORPORATION

Stock was on news today - IOC, ONGC, OIL among 5 companies named by US administration for Iran ties... Click here to read complete story.

ONGC moving in range bound zone.

ONGC CORPORATION

• Stock currently stuck in a range bound zone, this indicates sharp movement expecting once it comes out from its formation.
• ONGC also finding strong trend line resistance, once closes and holds above then bulls will be favored, till then bears will dominate.
• Levels to watch out for - resistance around 358 and support around 328.50.