Ongc share price Today Live Updates : ONGC Stock Dips in Trading Today

The analyst recommendation trend is shown below with the current rating as Buy.

The volume of ONGC traded until 1 PM is 27.79% lower than yesterday, while the price is currently at ₹268.15, down by 3.13%. Volume traded is a crucial indicator, along with price, for analyzing trends. A positive price movement with increased volume indicates a sustainable upward trend, while a negative price movement with higher volume could signal further price decline.

Ongc reached a high of 271.3 and a low of 267.5 in the previous trading hour. In the last hour, the stock broke all support levels on an hourly timeframe. Traders may want to consider potential shorting opportunities.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

A decrease in futures price and an increase in open interest for Ongc indicates a potential for negative price movement in the upcoming days. Traders may consider maintaining their short positions.

Oil & Natural Gas Corporation stock’s low price today is ₹269.45 and the highest price is ₹282.

The volume of ONGC traded by 12 AM is down by 30.03% compared to yesterday, while the price is at ₹270.05, a decrease of 2.44%. Volume traded, in conjunction with price, is a key indicator for analyzing trends. A rise in price accompanied by increased volume indicates a strong upward trend, whereas a decrease in price with higher volume may signal further price declines.

The stock price has been moving between levels of 272.78 and 269.83 in the last hour. Traders could consider rangebound trading strategies by buying near the hourly support at 269.83 and selling near the hourly resistance at 272.78.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

As per the Technical Analysis, short term trend of Ongc share is Bearish and long term trend is Bullish

The current market price of Ongc has broken the first support of ₹272.97 (derived from classic pivot table) on a daily time frame indicating a bearish move but traders need to monitor for possible reversals from ₹268.88. If the stock price breaks the second support of ₹268.88 then there can be further negative price movement.

The volume of ONGC traded until 11 AM is 34.13% lower than yesterday, with the price at ₹272.1, down by 1.7%. Analyzing both volume and price is crucial for understanding market trends. A positive price trend accompanied by higher volume indicates a sustainable uptrend, while a negative price trend with increased volume could signal further price declines.

The stock price has been moving between the levels of 274.97 and 271.82 in the last hour. Traders may want to consider rangebound trading strategies, such as buying near the hourly support at 271.82 and selling near the hourly resistance at 274.97.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

The current market price of Ongc has broken the first support of ₹272.97 (derived from classic pivot table) on a daily time frame indicating a bearish move but traders need to monitor for possible reversals from ₹268.88. If the stock price breaks the second support of ₹268.88 then there can be further negative price movement.

The analyst recommendation trend is shown below with the current rating as Buy.

Today, ONGC’s stock price dropped by 2.01% to reach ₹271.25, mirroring the downward trend of its industry counterparts. Other companies like Reliance Industries, Hindustan Petroleum Corporation, Oil India, and Petronet LNG are also experiencing declines today. In general, the benchmark indices Nifty and Sensex are both down by 0.68% and 0.69% respectively.

The trading volume of ONGC until 10 AM is 50.80% lower than yesterday, while the price is currently at ₹271.1, a decrease of 2.06%. Both volume traded and price are essential indicators for analyzing trends. A rise in price accompanied by higher volume indicates a lasting upward trend, whereas a drop in price with increased volume could signal further price decline.

Ongc touched a high of 275.95 & a low of 272.8 in the previous trading hour.
The hourly support and resistance levels to watch out in the next hour are mentioned below.

Today, ONGC’s stock price dropped by 0.76% to reach ₹274.7, in line with the downward trend seen in its industry peers like Reliance Industries, Hindustan Petroleum Corporation, Oil India, and Petronet LNG. Alongside, the benchmark indices Nifty and Sensex also experienced declines of 0.26% and 0.3% respectively.

The futures price for ONGC has decreased, while open interest has increased, indicating a potential for negative price movement in the near future. Traders may consider maintaining their short positions.

Ongc share price is at ₹275.5 and is still trading between the key support and resistance levels of ₹272.97 and ₹280.67 on a daily timeframe. If it crosses the support of ₹272.97 then we can expect a further bearish movement. On the other hand if the price crosses 280.67 then it will lead to a bullish movement.

The price of ONGC shares has decreased by 0.67% and is currently trading at ₹274.95. Over the past year, ONGC shares have seen an impressive gain of 67.53%, reaching ₹274.95. In contrast, the Nifty index rose by 22.11% to 22224.80 during the same one-year period.

The key support and resistance levels for Ongc on the daily timeframe are given below. Please note these support and resistance levels are derived from the classic pivot table.

The analyst recommendation trend is shown below with the current rating as Buy.

The trading volume yesterday was 47.04% lower than the 20 day average. Yesterday’s NSE volume was 12 mn & BSE volume was 396 k.

The stock traded in the range of ₹280.2 & ₹272.5 yesterday to end at ₹273.5. The stock is showing initial signs of a trend reversal after a robust uptrend