Overall Technical outlook

Price Summary

On 2026-02-03, ONGC's stock began at 259.7, peaked at 262.0, dipped to 249.35, and closed up -1.04% at 257.0, with a volume of 19211876 shares.
Over the previous 52 weeks, the stock reached a high of 275.39 and a low of 219.84.
According to 31 analysts, the price of ONGC in the future is projected to be between 200.0 and 330.0, with an average expected price of 276.58066.

Technicals

Support and Resistance: The current price of 257.0 for ONGC finds support at 254.96 and resistance at 275.39. These levels define a range in which the price might oscillate, with 254.96 as a potential support and 275.39 as a resistance level.
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Support/Resistance for ONGC


Aroon: The AROON is in a neutral stance for ONGC, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Aroon chart for Oil and Natural Gas Corporation Limited


Bol. Bands: The BOLL BANDS is currently in a neutral position for Oil and Natural Gas Corporation Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent.
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Bolinger Bands chart for Oil and Natural Gas Corporation Limited


Parabolic SAR: The PSAR remains bullish, setting a critical support level that may help sustain the market's upward trend. This persistent bullish outlook suggests that the market is likely to continue climbing, with the support level offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Oil and Natural Gas Corporation Limited


Stochastic: The current state of the STOCHASTIC is neutral for ONGC, providing no clear indication of a trend in either direction. This suggests that the market may be lacking momentum, making it difficult to predict future movements.
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Stochastic chart for Oil and Natural Gas Corporation Limited


Tripple Moving Agerage: The current reading of the Tripple MOVING AVG indicator suggests a neutral stance, with no clear signals indicating an upward or downward direction. This lack of directional bias suggests the market may be in a period of consolidation or uncertainty.
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Tripple SMA chart for Oil and Natural Gas Corporation Limited


In order to draw meaningful inferences from a company's technical data, it is essential to first consider its fundamentals. This includes reviewing financial metrics like revenue, profit margins, and debt-to-equity ratios. Additionally, understanding the broader industry landscape, including market trends and competitive pressures, is crucial. By integrating these insights with the company's technical performance, such as stock price fluctuations and trading volume, one can make more informed investment decisions.