ONGC was trading in a long term downward trend and it is now trading at 260.80, in today’s trading session it made a high of 264.40, from this level further upside of movement would be expected. The stock may reach to the level of 275 in the coming trading session. The stock has a resistance level of 265. It is looking bullish in the coming trading session; one can go for long position in it at 265 for the target of 275.

The stock was moving sideways and in today’s trading session it made a high of 102.40, from this level further upside of movement would be expected. It is looking bullish in the coming trading session if it manages to trade and closed above the resistance level of 104 else below 100 it would be in a downward trend.

The scrip is trading sideways and showing momentum strength below 1034. It is now trading at 1041.80; from this level further downside of movement would be expected. In order to be in a downward trend it has to trade and consolidate below the 10 days and 50 days moving averages. One can go for short position in it at 1039 for the target of 1005.

Ranbaxy traded below its 10 days and  50 days moving averages with good volume and closed at 515.30, from this level further downside of movement would be expected. The stock may reach to the level of 500 if it manages to trade above the resistance level of 512, below this level it might be in a downward trend.

Reliance capital in today’s trading session manages to trade and close near to the support level of 510 and it was up by 0.21 %. It is now taking support at 510 and resistance at 522. One can go for short position in it at 510 below this level it would be in a downward trend.

The stock is in short term down trend, a negative opening made it to trade and close below the 10 days and 50 days moving averages. It is now taking support at 85 and resistance at 91. One can go for short position in it at 85 for the target of 78.

It is taking resistance at 860 and support at 829, a negative opening made it to trade below the 10 days and 50 days moving averages. It is looking weak on charts from this level further downside of movement would be expected, one can go for short position in at 829 below this level it would be in a downward trend else above 860 it might be in an upward trend.

It is now taking support at 522 and resistance at 540. The stock is trading in a short term down trend and in today’s trading session it manage to trade and close below the 10 days and 50 days moving averages. It is looking bearish in the coming trading session if it manages to trade below the support level of 522 else above 540 it might be in an upward trend.

Reliance Power in today’s trading session it manages to trade below the 10 days and 50 days moving averages. It is now looking weak on charts, from this level further downside of movement would be expected. It is taking support at 108 below this level it would be in a downward trend else above 112 it would be bullish.

After making a high of 272 it is continuously in a downward trend and made a low of 265. It is now taking support at 260 and resistance at 272.  It is now trading at 268.85, form this level further downside of movement would be expected. One can go for short position in it at 260 for the target of 240.