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ONGC closed the previous week on a negative note losing 4.19%.
Technically, ONGC share price will see immediate support at 263.72 and immediate resistance would be seen at 275.17.
If ONGC share price closes below immediate support of 263.72, then sharp breakdown can be seen. ONGC share price will see major support at 256.88 for the week.
On the positive side, immediate resistance will be seen at 275.17. Closing above 275.17, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 279.78 for the week.
Trading range for ONGC share price for this week should be between 252.27 on down side and 286.62 on up side.
ONGC Previous Week High: 272.95
ONGC Previous Week Low: 261.5
ONGC Previous Week Range: 11.45 Points
ONGC share price support and resistance for the week (March 04, 2024 – March 08, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 286.62 |
| Resistance 2 | 279.78 |
| Resistance 1 | 275.17 |
| Support 1 | 263.72 |
| Support 2 | 256.88 |
| Support 3 | 252.27 |
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