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INDEX OUTLOOKMARKET OUTLOOKNIFTY OIL & GAS

NIFTY OIL & GAS Outlook for the Week (September 11, 2023 – September 15, 2023)

NIFTY OIL & GAS
NIFTY OIL & GAS
NIFTY OIL & GAS closed the previous week on a negative note losing 3.33%.

Technically, NIFTY OIL & GAS share price will see immediate support at 7,931.22 and immediate resistance would be seen at 8,201.52.

If NIFTY OIL & GAS share price closes below immediate support of 7,931.22, then sharp breakdown can be seen. NIFTY OIL & GAS share price will see major support at 7,755.13 for the week.

On the positive side, immediate resistance will be seen at 8,201.52. Closing above 8,201.52, NIFTY OIL & GAS share price will see a sharp breakout. Major resistance for NIFTY OIL & GAS share price will be seen at 8,295.73 for the week.

Trading range for NIFTY OIL & GAS share price for this week should be between 7,660.92 on down side and 8,471.82 on up side.

NIFTY OIL & GAS Previous Week High: 8119.65

NIFTY OIL & GAS Previous Week Low: 7849.35

NIFTY OIL & GAS Previous Week Range: 270.3 Points

NIFTY OIL & GAS share price support and resistance for the week (September 11, 2023 – September 15, 2023)

Level Type Value
Resistance 3 8,471.82
Resistance 2 8,295.73
Resistance 1 8,201.52
Support 1 7,931.22
Support 2 7,755.13
Support 3 7,660.92

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