Technically, NIFTY OIL & GAS share price will see immediate support at 7,825.50 and immediate resistance would be seen at 7,996.20.
If NIFTY OIL & GAS share price closes below immediate support of 7,825.50, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 7,766.55 for the week.
On the positive side, immediate resistance will be seen at 7,996.20. Closing above 7,996.20, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 8,107.95 for the week.
Trading range for NIFTY OIL & GAS share price for this week should be between 7,654.80 on down side and 8,166.90 on up side.
NIFTY OIL & GAS Previous Week High: 8049
NIFTY OIL & GAS Previous Week Low: 7878.3
NIFTY OIL & GAS Previous Week Range: 170.7 Points
NIFTY OIL & GAS share price support and resistance for the week (September 25, 2023 – September 29, 2023)
Level Type | Value |
---|---|
Resistance 3 | 8,166.90 |
Resistance 2 | 8,107.95 |
Resistance 1 | 7,996.20 |
Support 1 | 7,825.50 |
Support 2 | 7,766.55 |
Support 3 | 7,654.80 |
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