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Oil and Natural Gas Corporation Ltd. (ONGC) Trades Below Economic Times-Cited Resistance

Oil and Natural Gas Corporation Ltd. (ONGC) was at ₹224.84, up 1.28%, at 1:35 a.m. ET Monday (05:35 UTC), after an earlier high of ₹226.25.

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Office workers pass the entrance of Deendayal Urja Bhawan in Vasant Kunj, New Delhi. (AI-generated image / EconoTimes)
Office workers pass the entrance of Deendayal Urja Bhawan in Vasant Kunj, New Delhi. (AI-generated image / EconoTimes)

Oil and Natural Gas Corporation Ltd. (ONGC) moved below a resistance level cited by The Economic Times early Monday, easing to ₹224.84, up 1.28%, after touching an intraday high of ₹226.25.

Moneycontrol’s 11:50 p.m. ET snapshot on Sunday, Oct. 18, showed the stock at ₹225.89, up 1.75%, with 476,009 shares traded and a session range of ₹223 to ₹226.25. At 12:10 a.m. ET Monday (04:10 UTC), The Economic Times’ liveblog listed ₹226.25, above its ₹226.01 second-resistance level. The liveblog did not state how it derived the technical marker. Its 1:35 a.m. ET update (05:35 UTC) put the stock at ₹224.84.

The National Stock Exchange of India’s corporate filings page showed an Oct. 9 credit-rating notice as its latest visible entry. In an Aug. 4 results release, ONGC reported standalone net profit of ₹17,034 crore for the quarter ended June 30, 2026 (Q1 FY 2026-27), up 112%, and standalone gross revenue of ₹46,460 crore, up 45%.

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