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ONGC closed the previous week on a negative note losing 7.46%.
Technically, ONGC share price will see immediate support at 256.83 and immediate resistance would be seen at 278.03.
If ONGC share price closes below immediate support of 256.83, then sharp breakdown can be seen. ONGC share price will see major support at 249.32 for the week.
On the positive side, immediate resistance will be seen at 278.03. Closing above 278.03, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 291.72 for the week.
Trading range for ONGC share price for this week should be between 235.63 on down side and 299.23 on up side.
ONGC Previous Week High: 284.2
ONGC Previous Week Low: 263
ONGC Previous Week Range: 21.2 Points
ONGC share price support and resistance for the week (June 03, 2024 – June 07, 2024)
| Level Type | Value |
|---|---|
| Resistance 3 | 299.23 |
| Resistance 2 | 291.72 |
| Resistance 1 | 278.03 |
| Support 1 | 256.83 |
| Support 2 | 249.32 |
| Support 3 | 235.63 |
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