ONGC Outlook for the Week (November 11, 2024 – November 15, 2024)
Oil & Natural Gas Corpn closed the previous week on a negative note losing -4.18%.
Technically, Oil & Natural Gas Corpn share price will see immediate support at 256.68 and immediate resistance would be seen at 271.38.
If Oil & Natural Gas Corpn share price closes below immediate support of 256.68, then sharp breakdown can be seen. Oil & Natural Gas Corpn share price will see major support at 250.82 for the week.
On the positive side, immediate resistance will be seen at 271.38. Closing above 271.38, Oil & Natural Gas Corpn share price will see a sharp breakout. Major resistance for Oil & Natural Gas Corpn share price will be seen at 280.22 for the week.
Trading range for Oil & Natural Gas Corpn share price for this week should be between 241.98 on down side and 286.08 on up side.
Oil & Natural Gas Corpn Previous Week Open: 274
Oil & Natural Gas Corpn Previous Week High: 274.35
Oil & Natural Gas Corpn Previous Week Low: 259.65
Oil & Natural Gas Corpn Previous Week Close: 262.55
Oil & Natural Gas Corpn Previous Week Range: 14.7 Points
Oil & Natural Gas Corpn share price support and resistance for the week (November 11, 2024 - November 15, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 286.08 |
| Resistance 2 | 280.22 |
| Resistance 1 | 271.38 |
| Support 1 | 256.68 |
| Support 2 | 250.82 |
| Support 3 | 241.98 |
