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ONGC Outlook for the Week (May 18, 2026 – May 22, 2026)
Oil & Natural Gas Corpn closed the previous week on a negative note losing -6.43%.
Technically, Oil & Natural Gas Corpn share price will see immediate support at 271.90 and immediate resistance would be seen at 293.20.
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If Oil & Natural Gas Corpn share price closes below immediate support of 271.90, then sharp breakdown can be seen. Oil & Natural Gas Corpn share price will see major support at 264.60 for the week.
On the positive side, immediate resistance will be seen at 293.20. Closing above 293.20, Oil & Natural Gas Corpn share price will see a sharp breakout. Major resistance for Oil & Natural Gas Corpn share price will be seen at 307.20 for the week.
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Trading range for Oil & Natural Gas Corpn share price for this week should be between 250.60 on down side and 314.50 on up side.
Oil & Natural Gas Corpn Previous Week Open: 298.4
Oil & Natural Gas Corpn Previous Week High: 299.9
Oil & Natural Gas Corpn Previous Week Low: 278.6
Oil & Natural Gas Corpn Previous Week Close: 279.2
Oil & Natural Gas Corpn Previous Week Range: 21.3 Points
Oil & Natural Gas Corpn share price support and resistance for the week (May 18, 2026 - May 22, 2026)
| Level Type | Value |
|---|---|
| Resistance 3 | 314.50 |
| Resistance 2 | 307.20 |
| Resistance 1 | 293.20 |
| Support 1 | 271.90 |
| Support 2 | 264.60 |
| Support 3 | 250.60 |