is currently in a strong uptrend. After bottoming out around the 230-235 zone in mid-December 2025 ONGC has shown a solid aggressive recovery. It is currently trading near its recent highs at 284.80 consistently forming higher highs and higher lows which is a classic bullish structure. Immediate Resistance the stock faces immediate resistance around the 290-295 zone which marks its recent swing highs. A solid daily closing above this level is required for a fresh breakout. Immediate Support the 265-270 zone acts as a strong immediate support. The stock recently consolidated and took support in this area in late March/early April before bouncing back up. For existing holders it is advisable to ride the uptrend by maintaining a strict trailing stop-loss below the 265-270 support zone on a daily closing basis. For fresh buyers initiating new trades right below the 290-295 resistance is slightly risky. It is safer to wait for either a decisive breakout above 295 or a healthy dip near the 270 support level to ensure a better risk-to-reward ratio. Technical analysis is based on historical patterns and does not guarantee future results. Always use a Stop-Loss to manage your risk.

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