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 ₹279.20, showing a -1.66% move as of Mon, May 18, 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 ₹3513.04B and a PE ratio of 9.26, Oil & Natural Gas Corpn Ltd remains a key stock to watch in Oil & Natural Gas Corpn Ltd Technical Analysis searches.

Key Metrics

• Market Cap: ₹3513.04B
• PE Ratio: 9.26
• Dividend Yield: 4.83
• 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: 359.43
• Resistance 2: 326.68
• Resistance 1: 313.12
• Pivot Point: 293.93
• Support 1: 280.37
• Support 2: 261.18
• Support 3: 228.43

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 280.37 and 261.18.

Fibonacci Levels Analysis

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

• Fibonacci R3: 326.68
• Fibonacci R2: 314.17
• Fibonacci R1: 306.44
• Fibonacci Pivot: 293.93
• Fibonacci S1: 281.42
• Fibonacci S2: 273.69
• Fibonacci S3: 261.18

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: 293.58
• 20 EMA: 290.59
• 30 EMA: 287.99
• 50 EMA: 282.97
• 100 EMA: 272.89
• 200 EMA: 262.85

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: 58.57
• MACD: 3.86
• Signal: 3.24
• ADX: 27.75
• Momentum: 4.30

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: 0.45
• Moving Average Recommendation: 0.80
• 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 ₹279.20 and key pivot level 293.93. 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.