ONGC Outlook for the Week (December 23, 2024 – December 27, 2024)
Oil & Natural Gas Corpn closed the previous week on a negative note losing -6.65%.
Technically, Oil & Natural Gas Corpn share price will see immediate support at 229.50 and immediate resistance would be seen at 250.50.
If Oil & Natural Gas Corpn share price closes below immediate support of 229.50, then sharp breakdown can be seen. Oil & Natural Gas Corpn share price will see major support at 221.90 for the week.
On the positive side, immediate resistance will be seen at 250.50. Closing above 250.50, Oil & Natural Gas Corpn share price will see a sharp breakout. Major resistance for Oil & Natural Gas Corpn share price will be seen at 263.90 for the week.
Trading range for Oil & Natural Gas Corpn share price for this week should be between 208.50 on down side and 271.50 on up side.
Oil & Natural Gas Corpn Previous Week Open: 254
Oil & Natural Gas Corpn Previous Week High: 256.3
Oil & Natural Gas Corpn Previous Week Low: 235.3
Oil & Natural Gas Corpn Previous Week Close: 237.1
Oil & Natural Gas Corpn Previous Week Range: 21 Points
Oil & Natural Gas Corpn share price support and resistance for the week (December 23, 2024 - December 27, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 271.50 |
| Resistance 2 | 263.90 |
| Resistance 1 | 250.50 |
| Support 1 | 229.50 |
| Support 2 | 221.90 |
| Support 3 | 208.50 |
