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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (February 12, 2024 – February 16, 2024)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 7.46%.

Technically, ONGC share price will see immediate support at 256.55 and immediate resistance would be seen at 277.10.

If ONGC share price closes below immediate support of 256.55, then sharp breakdown can be seen. ONGC share price will see major support at 245.55 for the week.

On the positive side, immediate resistance will be seen at 277.10. Closing above 277.10, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 286.65 for the week.

Trading range for ONGC share price for this week should be between 236.00 on down side and 297.65 on up side.

ONGC Previous Week High: 275.65

ONGC Previous Week Low: 255.1

ONGC Previous Week Range: 20.55 Points

ONGC share price support and resistance for the week (February 12, 2024 – February 16, 2024)

Level Type Value
Resistance 3 297.65
Resistance 2 286.65
Resistance 1 277.10
Support 1 256.55
Support 2 245.55
Support 3 236.00
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