Oil & Natural Gas Corpn Technical Analysis

Oil & Natural Gas Corpn Ltd Technical Analysis

Oil & Natural Gas Corpn Ltd technical analysis is gaining attention among traders and investors tracking Oil & Natural Gas Corpn Ltd Technical Analysis trends in the Indian stock market. Oil & Natural Gas Corpn Ltd (NSE: ONGC, BSE: 500312) is currently trading at ₹242.53, showing a 0.39% move as of Fri, Aug 07, 2026.

This detailed Oil & Natural Gas Corpn Ltd technical analysis covers support & resistance levels, moving averages, indicators, and overall market sentiment to help investors make informed decisions.

Oil & Natural Gas Corpn Ltd Stock Overview

Oil & Natural Gas Corpn Ltd operates in the Energy minerals sector under the Oil refining/Marketing industry. With a market capitalization of ₹305008.87Cr and a PE ratio of 7.37, Oil & Natural Gas Corpn Ltd remains a key stock to watch in Oil & Natural Gas Corpn Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹305008.87Cr
• PE Ratio: 7.37
• Dividend Yield: 5.57
• Sector: Energy minerals
• Industry: Oil refining/Marketing

These fundamentals play an important role in Oil & Natural Gas Corpn Ltd technical analysis and valuation tracking.

Oil & Natural Gas Corpn Ltd Support and Resistance Levels

Classic Pivot Levels

In Oil & Natural Gas Corpn Ltd technical analysis, pivot levels help identify potential reversal and breakout zones.

• Resistance 3: 289.31
• Resistance 2: 265.91
• Resistance 1: 254.22
• Pivot Point: 242.51
• Support 1: 230.82
• Support 2: 219.11
• Support 3: 195.71

Conditional Insight

Oil & Natural Gas Corpn Ltd technical analysis suggests a bearish to neutral trend as the price is below the pivot point. Immediate support is seen near 230.82 and 219.11.

Fibonacci Levels Analysis

Fibonacci levels are widely used in Oil & Natural Gas Corpn Ltd technical analysis to identify retracement zones.

• Fibonacci R3: 265.91
• Fibonacci R2: 256.97
• Fibonacci R1: 251.45
• Fibonacci Pivot: 242.51
• Fibonacci S1: 233.57
• Fibonacci S2: 228.05
• Fibonacci S3: 219.11

Oil & Natural Gas Corpn Ltd technical analysis indicates consolidation between Fibonacci pivot and resistance zones.

Oil & Natural Gas Corpn Ltd Moving Average Analysis

Moving averages are key indicators in Oil & Natural Gas Corpn Ltd technical analysis for identifying trend direction.

• 10 EMA: 241.13
• 20 EMA: 243.00
• 30 EMA: 245.14
• 50 EMA: 249.96
• 100 EMA: 256.46
• 200 EMA: 257.44

Trend Logic

Oil & Natural Gas Corpn Ltd technical analysis indicates bearish pressure, with price trading below key moving averages.

Long-term trend in Oil & Natural Gas Corpn Ltd technical analysis remains positive above 200 EMA.

Oil & Natural Gas Corpn Ltd Technical Indicators Overview

Momentum Indicators

• RSI: 39.09
• MACD: -2.66
• Signal: -2.42
• ADX: 19.18
• Momentum: -9.91

RSI Logic

Oil & Natural Gas Corpn Ltd technical analysis shows RSI in neutral range, suggesting consolidation.

MACD Logic

Oil & Natural Gas Corpn Ltd technical analysis indicates bearish momentum with MACD below signal line.

Oil & Natural Gas Corpn Ltd Overall Recommendation

• Overall Recommendation Score: -0.42
• Moving Average Recommendation: -0.93
• Other Indicators Recommendation: 0.09

Overall Oil & Natural Gas Corpn Ltd technical analysis sentiment remains neutral with mixed signals.

Oil & Natural Gas Corpn Ltd Technical Analysis Conclusion

Oil & Natural Gas Corpn Ltd technical analysis suggests that traders should closely monitor price action around ₹242.53 and key pivot level 242.51. Breakouts above resistance or breakdown below support will define the next trend in Oil & Natural Gas Corpn Ltd technical analysis.

Investors searching for Oil & Natural Gas Corpn Ltd Technical Analysis should track moving averages, RSI levels, and volume trends to identify potential entry and exit opportunities. As market conditions change, Oil & Natural Gas Corpn Ltd technical analysis will continue to play a crucial role in short-term trading and long-term investment strategies.