Downside Risk · 2026-06-25 · Oil Exploration

ONGC

Oil & Natural Gas Corporation Ltd.

Watchlist-worthy setup

Early Trend
Stage 2 VCP active

Setup readiness

Early Trend

Pivot Levels
₹302.2-309.0
Support Level
₹297.5
Resistance
₹369.0
Risk Distance
3.7% to stop

Reference levels for educational study only. Not a recommendation to buy or sell.

RS
41.0
ADX
42.0
Vol
34.0

Swing Edge Intelligence

Structured setup analysis · research only

Setup status · Constructive setup

Structure shows workable momentum characteristics with selective risks to monitor.

Relative strength Weak
Breakout readiness Low

Bullish factors

  • Price remains under the 150DMA — longer-term trend repair still needed.

Risk factors

  • 5 distribution days recently — institutional selling
  • Heavy overhead supply (83%) — trapped sellers above

Overall view

Constructive setup — key momentum and institutional cues are broadly aligned for continued research.

Size this trade

Setup research

ONGC — trend, RS & risk snapshot (not a trade recommendation)

Signal · context · invalidation · risk · skip reasons — research only

Positives

Building toward the pivot (24% below)

  • Volume 2.1× the 50-day average
  • Confirmed Stage 2 uptrend

Flagged today

Context & regime

  • Market regime Mixed / range-bound
  • Trend stage Stage 2 — tradable
  • Sector Lagging (#34/40) — headwind
  • Relative strength Lagging (RS 41)
  • Trend strength Strong (ADX 42)

Negatives

This idea is wrong below ₹297.5 (-27.6% away)

Base / stop support breaks — the swing thesis is wrong below here

  • Stop / base low₹297.5
  • Pivot — failure re-entry below₹307.5

Risk distance

3.7% to stop
1.5× ATR
5.2× R:R
19.4% reward

Risk ≈ ₹11.54/share from entry ₹309.0.

Reasons to skip 2

Disqualifiers that apply even if the score looks good.

  • 5 distribution days recently — institutional selling
  • Heavy overhead supply (83%) — trapped sellers above
Setup metrics Downside Risk

ONGC Technical Analysis & Swing Setup

Grouped structure, momentum and risk from the latest downside risk scan.

Volume Profile neutral
POC₹284.65
VAH₹303.69
VAL₹270.94
Vol above POC48.5%
Institutional Activity — Distribution
Avg cost basis₹289.41
Acc zone₹269.7–302.4
Accumulation Sessions3
CMF-0.33

Structure

Trend / stage
Stage 2 (Early)
Stage 2
Weekly trend
Below 30-wk MA
Below 30W
RS rank
41.0
Weakening
ADX
42.0
Strong

Momentum

RSI
21.0
Weakening
Recent move (10d / 20d)
-7.7% / -14.9%
Neutral
Volume quality
34.0
Thin
Relative strength
Lagging
Neutral

Risk

Failure risk
52.0
Moderate
ATR % / day
2.5%
Moderate
Distribution
5 day(s)
Distribution
Volatility
2 VCP
Contracting
More scanner fields
Sector RS 0.0%
Base 16w · 24.5%
VCP waves 2x
Vol dry-up No
Avg value ₹401.3 Cr
Failure flags Distribution cluster, Overhead supply, RS laggard

ONGC Support & Resistance Levels

AI insights

AI Insights

Generated with AI

These insights are AI-generated to support your research process and should not be treated as investment advice or a recommendation to buy or sell securities.

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Pattern context 52w · setup · flow

52-week range

Stage-2 ideal band  ·  Early recovery

Pattern highlights

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Pattern signals from the latest scan

Smart money flow

Last 60 sessions · accumulation vs distribution

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Session flow 60 trading days
OBV trend On-balance volume · same window
·
Accumulation Distribution Neutral
Setup intelligence Overhead · VCP · radar · risk

Overhead supply

Resistance ceiling above current price

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Chase / failure risk

Honest read on exhaustion & extended moves

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Base / VCP coil

Depth, contractions & pivot distance

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Setup quality radar

Shape of the setup in one view

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Peer comparison Sector peers

Sector Peer Comparison

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ONGC FAQ Common swing-trading questions

Frequently asked questions about ONGC

What are the screener observations for ONGC?

On Swing Edge's swing-setup framework, Oil & Natural Gas Corporation Ltd. (ONGC) currently grades B — workable setup. Building toward the pivot (24% below). Flagged today. This is educational research, not investment advice.

What are ONGC's support and resistance levels?

For ONGC, near-term support sits around ₹297.5 (the base/stop zone); overhead resistance is around ₹307.5 (the breakout pivot); the next resistance above is ₹369.0. This is educational research, not investment advice.

What is the breakout / pivot level for ONGC?

The breakout pivot for ONGC is around ₹307.5. Price is about 24.2% below the pivot and still building toward it. A breakout is typically confirmed on a close above the pivot with above-average volume. This is educational research, not investment advice.

Is ONGC above its 50-day and 200-day moving averages?

Yes — ONGC is in a confirmed Stage 2 uptrend, trading above its rising 50- and 200-day moving averages, the zone where swing setups tend to work best. This is educational research, not investment advice.

How strong is ONGC versus the market (RS rank)?

ONGC has a relative strength (RS) rank of 41 out of 100 versus the NSE universe, making it lagging the broader market on relative strength. Trend strength (ADX) reads 42, indicating a strong trend. This is educational research, not investment advice.

Answers are generated from Swing Edge's latest scan data and are for research only — not investment advice.

Prices and day-change figures use the last daily close from scan data dated 2026-06-25 — not live intraday NSE quotes.