Technically, NIFTY OIL & GAS share price will see immediate support at 7,816.38 and immediate resistance would be seen at 7,965.83.
If NIFTY OIL & GAS share price closes below immediate support of 7,816.38, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 7,729.97 for the week.
On the positive side, immediate resistance will be seen at 7,965.83. Closing above 7,965.83, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 8,028.87 for the week.
Trading range for NIFTY OIL & GAS share price for this week should be between 7,666.93 on down side and 8,115.28 on up side.
NIFTY OIL & GAS Previous Week High: 7942.45
NIFTY OIL & GAS Previous Week Low: 7793
NIFTY OIL & GAS Previous Week Range: 149.45 Points
NIFTY OIL & GAS share price support and resistance for the week (October 02, 2023 – October 06, 2023)
Level Type | Value |
---|---|
Resistance 3 | 8,115.28 |
Resistance 2 | 8,028.87 |
Resistance 1 | 7,965.83 |
Support 1 | 7,816.38 |
Support 2 | 7,729.97 |
Support 3 | 7,666.93 |
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