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MARKET OUTLOOKONGCSTOCK OUTLOOK

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

ONGC
ONGC
ONGC closed the previous week on a negative note losing 6.33%.

Technically, ONGC share price will see immediate support at 174.95 and immediate resistance would be seen at 186.65.

If ONGC share price closes below immediate support of 174.95, then sharp breakdown can be seen. ONGC share price will see major support at 168.15 for the week.

On the positive side, immediate resistance will be seen at 186.65. Closing above 186.65, ONGC share price will see a sharp breakout. Major resistance for ONGC share price will be seen at 191.55 for the week.

Trading range for ONGC share price for this week should be between 163.25 on down side and 198.35 on up side.

ONGC Previous Week High: 184.75

ONGC Previous Week Low: 173.05

ONGC Previous Week Range: 11.7 Points

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

Level Type Value
Resistance 3 198.35
Resistance 2 191.55
Resistance 1 186.65
Support 1 174.95
Support 2 168.15
Support 3 163.25

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