Technically, NIFTY OIL & GAS share price will see immediate support at 11,242.50 and immediate resistance would be seen at 11,852.05.
If NIFTY OIL & GAS share price closes below immediate support of 11,242.50, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 10,840.60 for the week.
On the positive side, immediate resistance will be seen at 11,852.05. Closing above 11,852.05, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 12,059.70 for the week.
Trading range for NIFTY OIL & GAS share price for this week should be between 10,632.95 on down side and 12,461.60 on up side.
NIFTY OIL & GAS Previous Week High: 11657.8
NIFTY OIL & GAS Previous Week Low: 11048.25
NIFTY OIL & GAS Previous Week Range: 609.55 Points
NIFTY OIL & GAS share price support and resistance for the week (May 20, 2024 – May 24, 2024)
Level Type | Value |
---|---|
Resistance 3 | 12,461.60 |
Resistance 2 | 12,059.70 |
Resistance 1 | 11,852.05 |
Support 1 | 11,242.50 |
Support 2 | 10,840.60 |
Support 3 | 10,632.95 |
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