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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (December 25, 2023 – December 29, 2023)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 6.91%.

Technically, ONGC share price will see immediate support at 196.87 and immediate resistance would be seen at 211.52.

If ONGC share price closes below immediate support of 196.87, then sharp breakdown can be seen. ONGC share price will see major support at 189.78 for the week.

On the positive side, immediate resistance will be seen at 211.52. Closing above 211.52, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 219.08 for the week.

Trading range for ONGC share price for this week should be between 182.22 on down side and 226.17 on up side.

ONGC Previous Week High: 212

ONGC Previous Week Low: 197.35

ONGC Previous Week Range: 14.65 Points

ONGC share price support and resistance for the week (December 25, 2023 – December 29, 2023)

Level Type Value
Resistance 3 226.17
Resistance 2 219.08
Resistance 1 211.52
Support 1 196.87
Support 2 189.78
Support 3 182.22
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{"buy_point":[{"en_ltd":"2023-12-15","en_sup_p_91":"198.57","en_sup_t_91":"194.59","prev_close":"195.95","en_close":"201.05","new_date":"Dec 15","prev_close_no":195},{"en_ltd":"2023-11-28","en_sup_p_91":"193.91","en_sup_t_91":"187.27","prev_close":"188.85","en_close":"193.95","new_date":"Nov 28","prev_close_no":188}],"sell_point":[{"en_ltd":"2023-12-08","en_sup_p_91":"196.69","en_sup_t_91":"202.29","prev_close":"198.90","en_close":"195.95","new_date":"Dec 8","prev_close_no":198},{"en_ltd":"2023-11-17","en_sup_p_91":"198.07","en_sup_t_91":"202.76","prev_close":"201.80","en_close":"196.35","new_date":"Nov 17","prev_close_no":201}]}

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