ONGC Outlook for the Week (November 18, 2024 – November 22, 2024)
Oil & Natural Gas Corpn closed the previous week on a negative note losing -4.40%.
Technically, Oil & Natural Gas Corpn share price will see immediate support at 245.47 and immediate resistance would be seen at 259.67.
If Oil & Natural Gas Corpn share price closes below immediate support of 245.47, then sharp breakdown can be seen. Oil & Natural Gas Corpn share price will see major support at 240.13 for the week.
On the positive side, immediate resistance will be seen at 259.67. Closing above 259.67, Oil & Natural Gas Corpn share price will see a sharp breakout. Major resistance for Oil & Natural Gas Corpn share price will be seen at 268.53 for the week.
Trading range for Oil & Natural Gas Corpn share price for this week should be between 231.27 on down side and 273.87 on up side.
Oil & Natural Gas Corpn Previous Week Open: 262.35
Oil & Natural Gas Corpn Previous Week High: 263.2
Oil & Natural Gas Corpn Previous Week Low: 249
Oil & Natural Gas Corpn Previous Week Close: 250.8
Oil & Natural Gas Corpn Previous Week Range: 14.2 Points
Oil & Natural Gas Corpn share price support and resistance for the week (November 18, 2024 - November 22, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 273.87 |
| Resistance 2 | 268.53 |
| Resistance 1 | 259.67 |
| Support 1 | 245.47 |
| Support 2 | 240.13 |
| Support 3 | 231.27 |
