Stocks to Buy Today - 05th January 2012
ONGC -
The stock shows consolidated movement and closes on positive note in today’s trading hours. Currently it has support level of 261 and resistance level of 268. The stock can show bullish trend on chart above resistance level.
Resistance - 268 Support - 261
The stock has shown downward movement during the trading hours and ended up on a negative note. As mentioned previously breaching of the support level may take stock further down. It is now facing a resistance at 154 and has support at 147. It is expected to show further down movement in coming trading sessions.
Resistance - 154 Support - 147
ONGC -
R2 - 271.63, R1 - 269.17, PP - 265.13, S1 - 262.67, S2 - 258.63
The stock shows consolidated movement and closes on positive note in today’s trading hours. Currently it has support level of 261 and resistance level of 268. The stock can show bullish trend on chart above resistance level.
Resistance - 268 Support - 261
AMBUJA CEMENT -
R2 - 160.18, R1 - 155.22 , PP - 152.03, S1 - 147.07, S2 - 143.88
The stock has shown downward movement during the trading hours and ended up on a negative note. As mentioned previously breaching of the support level may take stock further down. It is now facing a resistance at 154 and has support at 147. It is expected to show further down movement in coming trading sessions.
Resistance - 154 Support - 147
