Technically, NIFTY OIL & GAS share price will see immediate support at 11,762.37 and immediate resistance would be seen at 12,142.12.
If NIFTY OIL & GAS share price closes below immediate support of 11,762.37, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 11,532.58 for the week.
On the positive side, immediate resistance will be seen at 12,142.12. Closing above 12,142.12, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 12,292.08 for the week.
Trading range for NIFTY OIL & GAS share price for this week should be between 11,382.62 on down side and 12,521.87 on up side.
NIFTY OIL & GAS Previous Week High: 12062.3
NIFTY OIL & GAS Previous Week Low: 11682.55
NIFTY OIL & GAS Previous Week Range: 379.75 Points
NIFTY OIL & GAS share price support and resistance for the week (May 27, 2024 – May 31, 2024)
Level Type | Value |
---|---|
Resistance 3 | 12,521.87 |
Resistance 2 | 12,292.08 |
Resistance 1 | 12,142.12 |
Support 1 | 11,762.37 |
Support 2 | 11,532.58 |
Support 3 | 11,382.62 |
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