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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (April 22, 2024 – April 26, 2024)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 8.70%.

Technically, ONGC share price will see immediate support at 264.05 and immediate resistance would be seen at 289.50.

If ONGC share price closes below immediate support of 264.05, then sharp breakdown can be seen. ONGC share price will see major support at 252.85 for the week.

On the positive side, immediate resistance will be seen at 289.50. Closing above 289.50, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 303.75 for the week.

Trading range for ONGC share price for this week should be between 238.60 on down side and 314.95 on up side.

ONGC Previous Week High: 292.55

ONGC Previous Week Low: 267.1

ONGC Previous Week Range: 25.45 Points

ONGC share price support and resistance for the week (April 22, 2024 – April 26, 2024)

Level Type Value
Resistance 3 314.95
Resistance 2 303.75
Resistance 1 289.50
Support 1 264.05
Support 2 252.85
Support 3 238.60
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