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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (March 18, 2024 – March 22, 2024)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 11.27%.

Technically, ONGC share price will see immediate support at 244.93 and immediate resistance would be seen at 276.53.

If ONGC share price closes below immediate support of 244.93, then sharp breakdown can be seen. ONGC share price will see major support at 231.12 for the week.

On the positive side, immediate resistance will be seen at 276.53. Closing above 276.53, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 294.32 for the week.

Trading range for ONGC share price for this week should be between 213.33 on down side and 308.13 on up side.

ONGC Previous Week High: 280.5

ONGC Previous Week Low: 248.9

ONGC Previous Week Range: 31.6 Points

ONGC share price support and resistance for the week (March 18, 2024 – March 22, 2024)

Level Type Value
Resistance 3 308.13
Resistance 2 294.32
Resistance 1 276.53
Support 1 244.93
Support 2 231.12
Support 3 213.33
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