Oil & Natural Gas Corporation technical analysis

According to the latest Pivot data, Oil & Natural Gas Corporation’s immediate technical levels for the selected time period 5 minutes indicate key support and resistance zones that traders should closely monitor. The pivot point is positioned at ₹296.22, serving as the central reference for market sentiment. On the upside, the stock faces resistance near ₹298.79, ₹301.07, and ₹303.64, which may act as potential barriers to further price appreciation. On the downside, support levels are observed around ₹293.94, ₹291.37, and ₹289.09, offering possible rebound zones in case of a correction. These levels are crucial for traders looking to identify entry, exit, or reversal points in Oil & Natural Gas Corporation’s price movement.