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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (January 08, 2024 – January 12, 2024)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 6.37%.

Technically, ONGC share price will see immediate support at 207.57 and immediate resistance would be seen at 221.42.

If ONGC share price closes below immediate support of 207.57, then sharp breakdown can be seen. ONGC share price will see major support at 198.68 for the week.

On the positive side, immediate resistance will be seen at 221.42. Closing above 221.42, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 226.38 for the week.

Trading range for ONGC share price for this week should be between 193.72 on down side and 235.27 on up side.

ONGC Previous Week High: 217.5

ONGC Previous Week Low: 203.65

ONGC Previous Week Range: 13.85 Points

ONGC share price support and resistance for the week (January 08, 2024 – January 12, 2024)

Level Type Value
Resistance 3 235.27
Resistance 2 226.38
Resistance 1 221.42
Support 1 207.57
Support 2 198.68
Support 3 193.72
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{"buy_point":[{"en_ltd":"2023-12-15","en_sup_p_91":"198.57","en_sup_t_91":"194.59","prev_close":"195.95","en_close":"201.05","new_date":"Dec 15","prev_close_no":195},{"en_ltd":"2023-11-28","en_sup_p_91":"193.91","en_sup_t_91":"187.27","prev_close":"188.85","en_close":"193.95","new_date":"Nov 28","prev_close_no":188}],"sell_point":[{"en_ltd":"2023-12-08","en_sup_p_91":"196.69","en_sup_t_91":"202.29","prev_close":"198.90","en_close":"195.95","new_date":"Dec 8","prev_close_no":198}]}

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