Is OIL & NATURAL GAS CORPORATION in uptrend or downtrend?

In the short term price movements in ONGC share indicates the market is Sideways. However, bulls are trying to take control.

What is OIL & NATURAL GAS CORPORATION share price forecast for tomorrow?

In Oil and Natural Gas Corporation Limited stock current resistance level is at 279 and support level is at 263. Though market is closer to resistance level there are good chances till these ranges are broken, market would stay Sideways.

What are OIL & NATURAL GAS CORPORATION support and resistance levels?

The resistance level is an area where sellers get activated. It varies by the time frame of the analysis. For Oil and Natural Gas Corporation Limited in the short-term, the supply zone around 279 and 280. Hence, good chances of resistance around 280. The support level is an area where buyers get activated at an attractive price zone to buy. It's a price zone where buyers wait for the market to reach to trigger their buy orders. The demand zone for Oil and Natural Gas Corporation Limited share is around 263 and 260. Hence, good chances for support around 260.

Why is OIL & NATURAL GAS CORPORATION share price falling today?

Perhaps ONGC stock is just having volatility. It can be viewed as an opportunity, unless overall long term trend and mid term trend is Bearish.

OIL & NATURAL GAS CORPORATION Share Price | Forecast Analysis

Analyzing Market Data

Analyzing Market Data