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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (February 05, 2024 – February 09, 2024)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 9.19%.

Technically, ONGC share price will see immediate support at 243.13 and immediate resistance would be seen at 267.33.

If ONGC share price closes below immediate support of 243.13, then sharp breakdown can be seen. ONGC share price will see major support at 229.02 for the week.

On the positive side, immediate resistance will be seen at 267.33. Closing above 267.33, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 277.42 for the week.

Trading range for ONGC share price for this week should be between 218.93 on down side and 291.53 on up side.

ONGC Previous Week High: 263.3

ONGC Previous Week Low: 239.1

ONGC Previous Week Range: 24.2 Points

ONGC share price support and resistance for the week (February 05, 2024 – February 09, 2024)

Level Type Value
Resistance 3 291.53
Resistance 2 277.42
Resistance 1 267.33
Support 1 243.13
Support 2 229.02
Support 3 218.93
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