Technically, NIFTY OIL & GAS share price will see immediate support at 7,394.90 and immediate resistance would be seen at 7,730.65.
If NIFTY OIL & GAS share price closes below immediate support of 7,394.90, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 7,240.80 for the week.
On the positive side, immediate resistance will be seen at 7,730.65. Closing above 7,730.65, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 7,912.30 for the week.
Trading range for NIFTY OIL & GAS share price for this week should be between 7,059.15 on down side and 8,066.40 on up side.
NIFTY OIL & GAS Previous Week High: 7758.2
NIFTY OIL & GAS Previous Week Low: 7422.45
NIFTY OIL & GAS Previous Week Range: 335.75 Points
NIFTY OIL & GAS share price support and resistance for the week (October 30, 2023 – November 03, 2023)
Level Type | Value |
---|---|
Resistance 3 | 8,066.40 |
Resistance 2 | 7,912.30 |
Resistance 1 | 7,730.65 |
Support 1 | 7,394.90 |
Support 2 | 7,240.80 |
Support 3 | 7,059.15 |
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