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MARKET OUTLOOKONGCSTOCK OUTLOOK

ONGC Outlook for the Week (October 09, 2023 – October 13, 2023)

ONGC
ONGC
ONGC closed the previous week on a negative note losing 4.60%.

Technically, ONGC share price will see immediate support at 178.27 and immediate resistance would be seen at 186.97.

If ONGC share price closes below immediate support of 178.27, then sharp breakdown can be seen. ONGC share price will see major support at 175.08 for the week.

On the positive side, immediate resistance will be seen at 186.97. Closing above 186.97, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 192.48 for the week.

Trading range for ONGC share price for this week should be between 169.57 on down side and 195.67 on up side.

ONGC Previous Week High: 189.3

ONGC Previous Week Low: 180.6

ONGC Previous Week Range: 8.7 Points

ONGC share price support and resistance for the week (October 09, 2023 – October 13, 2023)

Level Type Value
Resistance 3 195.67
Resistance 2 192.48
Resistance 1 186.97
Support 1 178.27
Support 2 175.08
Support 3 169.57
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