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HALAL TRADING ROOM Sharia-screened signals
TERMINAL
ON

ONGC.NS

$232.50
Sharia status
NOT COMPLIANT
Per In-house ratio engine · assessed 2026-08-26
🕌 Nifty500 Shariah · BSE 500 Shariah HTR non-permissible income 0.68%
🕌Open research, not a fatwa — verify with your own scholar.
Trade setup SEPARATE FROM SHARIAH
No trade setup shown — a stock that isn't cleanly Sharia-compliant never gets a bullish verdict here.

Oil and Natural Gas Corporation Limited (ONGC.NS) is currently considered not halal (non-compliant), per In-house ratio engine (last assessed 2026-08-26). See the full ratio breakdown and business-activity screen below for the reasoning.

⚠️ Financial ratios are only half the screen. A company whose core business is in an excluded sector — weapons/defense, alcohol, gambling, conventional (interest-based) finance, tobacco, pork, or adult entertainment — is non-compliant even if every debt and income ratio passes. So passing ratios below don't override this verdict; check the business-activity screen for the reason.

Market & analysts
Price target
$294.70
+26.8% · 30 analysts
Institutional own.
22.7%
of shares
NON-COMPLIANT
Sharia compliance
🕌 Nifty500 Shariah, BSE 500 Shariah
Constituent of a real Sharia index
0.68%
Non-permissible income — HTR, from filings (2026-03-31)
$294.70
Price target (+26.8%) · 30 analysts
22.7%
Institutional ownership

🕌 In-house Compliance Research

Computed from Yahoo Finance fundamentals (Tier-4 provider, no filing available), balance sheet as of 2026-03-31. ONGC.NS files no SEC reports, so these ratios come from the issuer's own published statements rather than XBRL.

Business activity: cleared (no excluded categories detected)

AAOIFI Fail

RatioValueThresholdResult
Interest-bearing debt 71.92% 30.00% Fail
Interest-bearing investments 12.67% 30.00% Pass
Non-permissible income 0.68% 5.00% Pass

Usmani Pass

RatioValueThresholdResult
Interest-bearing debt 26.08% 33.00% Pass
Interest-bearing investments 4.60% 33.00% Pass
Non-liquid assets 92.62% at least 20.00% Pass
Non-permissible income 0.68% 5.00% Pass

MSCI Pass

RatioValueThresholdResult
Interest-bearing debt 26.08% 33.33% Pass
Cash + interest-bearing securities 4.60% 33.33% Pass
Accounts receivable 7.38% 33.33% Pass
Non-permissible income 0.68% 5.00% Pass

FTSE Pass

RatioValueThresholdResult
Interest-bearing debt 26.08% 33.33% Pass
Cash + interest-bearing securities 4.60% 33.33% Pass
Accounts receivable 7.38% 50.00% Pass
Non-permissible income 0.68% 5.00% Pass

Dow Jones Islamic Market Fail

Scored against a trailing-average market cap (24-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 69.04% 33.00% Fail
Cash + interest-bearing securities 12.16% 33.00% Pass
Accounts receivable 7.36% 33.00% Pass
Non-permissible income 0.68% 5.00% Pass

S&P Shariah Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 71.12% 33.00% Fail
Cash + interest-bearing securities 12.53% 49.00% Pass
Accounts receivable 7.58% 49.00% Pass
Non-permissible income 0.68% 5.00% Pass

MSCI M-Series Fail

Scored against a trailing-average market cap (36-month), share-weighted by the issuer's own reported share counts — not today's market cap.

RatioValueThresholdResult
Interest-bearing debt 71.12% 33.33% Fail
Cash + interest-bearing securities 12.53% 33.33% Pass
Accounts receivable 20.11% 49.00% Pass
Non-permissible income 0.68% 5.00% Pass

Research only, not investment advice. Thresholds are each standard-setter's published limits; a ratio marked “at least” is a floor, not a ceiling.

300.12280.23260.34240.45220.552025-09-112026-03-162026-09-11

Pinch or scroll to zoom · drag to pan — both axes move · double-click to reset

Support & Resistance
S3
231.11
S2
233.36
S1
235.31
PIVOT
237.56
R1
239.51
R2
241.76
R3
243.71

Classic floor-trader pivots from the last completed daily bar. Highlighted pills are the levels bracketing the current price.

Price Forecast

7-day expected range
227.975 247.025
±4.01% from 237.5, made 2026-09-03 · resolves 2026-09-10
STRONG SELL
from 19 indicators
Not enough resolved predictions yet — 0 of 10 needed before we publish an accuracy figure. 22205 forecast(s) are currently open and will be scored automatically when their horizon expires.

The range is measured volatility (ATR over the horizon), not a target — a wider band means a more volatile asset, not a stronger view. The direction is the indicator tally above. Every forecast is recorded when made and scored against the real price when it comes due, including the wrong ones. Not a recommendation, and not a fatwa.

Technical Summary

STRONG SELL
19 indicators
OscillatorsSTRONG BUY
3 buy · 4 neutral · 0 sell
Moving averagesSTRONG SELL
0 buy · 0 neutral · 12 sell
Every indicator, and what it reads
IndicatorValueSignal
RSI (14)42.60NEUTRAL
Stochastic %K (14)20.14NEUTRAL
CCI (20)37.27NEUTRAL
Williams %R (14)-79.86NEUTRAL
MACD (12,26,9)0.42BUY
ROC (10)0.53BUY
Momentum (10)1.23BUY
EMA (10)234.56SELL
SMA (10)234.59SELL
EMA (20)235.26SELL
SMA (20)234.69SELL
EMA (30)236.53SELL
SMA (30)235.97SELL
EMA (50)239.95SELL
SMA (50)239.46SELL
EMA (100)246.82SELL
SMA (100)253.73SELL
EMA (200)247.49SELL
SMA (200)254.78SELL

Standard indicator thresholds (RSI 30/70, Stochastic 20/80, CCI ±100, Williams %R −80/−20, MACD histogram sign, price vs. average) computed on daily bars. A summary of what common indicators say — not a recommendation, and not this site's own trading verdict.

About Oil and Natural Gas Corporation Limited

Energy · Oil & Gas Integrated

Oil and Natural Gas Corporation Limited, together with its subsidiaries, engages in the exploration, development, and production of crude oil, natural gas, and value-added products in India and internationally. It operates through Exploration and Production, Refining & Marketing, and Petrochemicals segments. The company offers LPG, naptha, ethane, propane and butane, superior kerosene oil, LSHS, high-speed diesel, aviation turbine fuel, liquefied petroleum gas, light diesel oil, MTO, and other products. It also engages in the refining and marketing of petroleum products; provision of petrochemicals, as well as helicopter services; power generation; LNG supply; pipeline transportation; SEZ development; manufacturing of ethanol and sugar; green and renewable energy business; and operating and chartering of fleets. The company also exports its products. Oil and Natural Gas Corporation Limited was founded in 1955 and is based in New Delhi, India.

ongcindia.com ↗

Background via Yahoo Finance — informational, not part of the verdict.

SMC — Top Down

Not enough price history yet for a smart-money structure read on any timeframe.

Momentum & Volume

Peer Movement

Peer movement computing — it will appear here on its own.

Insider Activity (90d)

NO DATA   0 buys · 0 sells

COT Positioning — E-MINI S&P 500 - CHICAGO MERCANTILE EXCHANGE

NEUTRAL   report date 2026-09-01 · Asset managers net 934180 (-19048)

AI Summary

Plain-language summary of the evidence already on this page — the Sharia screen, structure, momentum, and order flow above. It explains the read; it doesn't make the call. Generated on demand (a live AI call), never run automatically.

Tell us what's working, what's confusing, or what you want to see next — read by a real person, not a form that goes nowhere.