Overall Technical outlook

Price Summary

On 2025-06-13, Oil and Natural Gas Corporation Limited's shares started at 255.55, peaked at 255.95, bottomed out at 249.12, and ended -1.58% down at 251.51, with 39307414 shares traded.
The peak price for the stock in the past 52 weeks is 341.75, with the lowest price being 219.84.
The projected price range for Oil and Natural Gas Corporation Limited is between 190.0 and 375.0, with an expected mean price of 293.13333, according to 30 analysts.

Technicals

Support and Resistance: The price of 251.51 is supported at 248.68 and capped by resistance at 255.73. These levels mark key points for Oil and Natural Gas Corporation Limited where the price could find stability, with 248.68 as a floor and 255.73 as a ceiling.
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Support/Resistance for ONGC


Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong market momentum, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the market's direction.
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Aroon chart for Oil and Natural Gas Corporation Limited


Bol. Bands: The price crossing below the upper Bollinger Band hints at a potential move lower. This signal could indicate that the asset is overbought and that a decline is imminent. Traders might view this as a sign of weakening bullish momentum, suggesting that a price correction or pullback is likely, making it a critical time to assess trading strategies.
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Bolinger Bands chart for Oil and Natural Gas Corporation Limited


Parabolic SAR: The PSAR for ONGC continues to be bullish, establishing a crucial support level that may help maintain the current upward trend. This level of support suggests that the market is poised to continue its positive trajectory, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Oil and Natural Gas Corporation Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Oil and Natural Gas Corporation Limited


Tripple Moving Agerage: The Tripple MOVING AVG is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Tripple SMA chart for Oil and Natural Gas Corporation Limited


When evaluating a company's technical indicators like price trends and trading volume, it's important to also assess its fundamentals. Key factors include the company's profitability, growth rate, and financial stability. Furthermore, considering the industry within which the company operates provides additional context, as factors like competition and market demand can affect performance. By combining this analysis, you can make more informed judgments about the company's future prospects.