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ONGC Outlook for the Week (August 21, 2023 – August 25, 2023)

ONGC closed the previous week on a negative note losing 3.49%.

Technically, ONGC share price will see immediate support at 172.82 and immediate resistance would be seen at 179.12.

If ONGC share price closes below immediate support of 172.82, then sharp breakdown can be seen. ONGC share price will see major support at 170.33 for the week.

On the positive side, immediate resistance will be seen at 179.12. Closing above 179.12, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 182.93 for the week.

Trading range for ONGC share price for this week should be between 166.52 on down side and 185.42 on up side.

ONGC Previous Week High: 180.45

ONGC Previous Week Low: 174.15

ONGC Previous Week Range: 6.3 Points

ONGC share price support and resistance for the week (August 21, 2023 – August 25, 2023)

Level Type Value
Resistance 3 185.42
Resistance 2 182.93
Resistance 1 179.12
Support 1 172.82
Support 2 170.33
Support 3 166.52

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