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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (December 04, 2023 – December 08, 2023)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 4.97%.

Technically, ONGC share price will see immediate support at 189.22 and immediate resistance would be seen at 199.07.

If ONGC share price closes below immediate support of 189.22, then sharp breakdown can be seen. ONGC share price will see major support at 183.88 for the week.

On the positive side, immediate resistance will be seen at 199.07. Closing above 199.07, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 203.58 for the week.

Trading range for ONGC share price for this week should be between 179.37 on down side and 208.92 on up side.

ONGC Previous Week High: 198.25

ONGC Previous Week Low: 188.4

ONGC Previous Week Range: 9.85 Points

ONGC share price support and resistance for the week (December 04, 2023 – December 08, 2023)

Level Type Value
Resistance 3 208.92
Resistance 2 203.58
Resistance 1 199.07
Support 1 189.22
Support 2 183.88
Support 3 179.37
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{"buy_point":[{"en_ltd":"2023-11-28","en_sup_p_91":"193.91","en_sup_t_91":"187.27","prev_close":"188.85","en_close":"193.95","new_date":"Nov 28","prev_close_no":188},{"en_ltd":"2023-10-30","en_sup_p_91":"184.83","en_sup_t_91":"183.63","prev_close":"184.75","en_close":"188.80","new_date":"Oct 30","prev_close_no":184}],"sell_point":[{"en_ltd":"2023-11-17","en_sup_p_91":"198.07","en_sup_t_91":"202.76","prev_close":"201.80","en_close":"196.35","new_date":"Nov 17","prev_close_no":201}]}

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