Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(IndianOil) Indian Oil complete technical analysis [charts+indicators] | Buy/Sell Indian Oil | (IndianOil) share price targets

Complete technical analysis of Indian Oil (IndianOil) by charts plus indicators, forecast predictions and share price targets for Indian Oil (IndianOil)

10 day averaged volume of Indian Oil is 948877

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Jun 2023	89.21	89.80	89.90	88.60	0.948 times
02 Fri Jun 2023	89.81	90.50	90.73	89.70	0.426 times
01 Thu Jun 2023	90.50	90.50	91.14	89.92	1.593 times
31 Wed May 2023	90.09	90.45	91.43	89.60	1.436 times
30 Tue May 2023	90.31	89.84	90.95	89.83	0.538 times
29 Mon May 2023	89.96	90.15	90.46	89.40	0.485 times
26 Fri May 2023	90.13	89.15	90.30	89.02	1.37 times
25 Thu May 2023	89.18	89.66	89.88	88.58	0.529 times
24 Wed May 2023	89.64	89.00	89.89	88.75	0.904 times
23 Tue May 2023	88.96	87.35	89.92	86.77	1.666 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 90 as stoploss in an intra day sell trade for a target of 87.57. However, stock will show a bullish move above 90.

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	75.77
Downside Target	81.00
Downside Target	88.60
Downside Target	88.61
Upside Target	89.40
Upside Target	89.90
Upside Target	90.30
Upside Target	91.14
Upside Target	91.43

Intraday share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Intraday Target	88.57
Downside Intraday Target	87.94
Upside Intraday Target	89.87
Upside Intraday Target	90.54
Upside Intraday Target	89.24

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Jun 2023	89.21	89.80	89.90	88.60	0.212 times
02 Fri Jun 2023	89.81	90.15	91.43	89.40	0.811 times
26 Fri May 2023	90.13	86.00	90.30	85.30	0.489 times
19 Fri May 2023	86.07	83.53	88.61	83.53	3.925 times
12 Fri May 2023	83.51	82.80	84.64	82.45	0.637 times

Price has moved down this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Indian Oil (IndianOil)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Mon Jun 2023	89.21	90.50	91.14	88.60	0.111 times
31 Wed May 2023	90.09	81.56	91.43	81.40	2.785 times
28 Fri Apr 2023	81.37	77.14	81.50	76.76	0.534 times
31 Fri Mar 2023	77.94	76.00	81.00	75.77	1.012 times

Scroll below to view daily charts

Price has moved down this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Indian Oil (IndianOil)

Price action analysis of Indian Oil ( (IndianOil) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Indian Oil ( (IndianOil) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a mid to longer term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Indian Oil stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Indian Oil in short term but the sell signal is initial and weak.

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Indian Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Indian Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 89.79 and Indian Oil (IndianOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Indian Oil (IndianOil) stock. Volume based technical analysis of Indian Oil (IndianOil) stock is negative.

Indian Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.