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(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)

Showing technical analysis as on 2023-03-17 View latest technical analysis

10 day averaged volume of Indian Oil is 890597

Date	Daily Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	79.36	80.69	80.80	78.90	1.294 times
16 Thu Mar 2023	79.93	78.76	80.40	78.76	2.407 times
15 Wed Mar 2023	78.71	77.86	79.03	77.86	0.826 times
14 Tue Mar 2023	77.68	77.61	78.10	77.22	0.426 times
13 Mon Mar 2023	77.79	78.50	78.92	77.66	1.231 times
10 Fri Mar 2023	78.90	78.59	79.24	77.55	0.837 times
09 Thu Mar 2023	78.70	79.22	79.45	78.55	0.342 times
08 Wed Mar 2023	79.18	78.95	79.29	78.48	0.738 times
06 Mon Mar 2023	79.26	78.07	79.76	78.00	1.095 times
03 Fri Mar 2023	78.23	78.34	78.50	77.72	1.448 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 79.5 as stoploss in an intra day sell trade for a target of 78.34. However, stock will show a bullish move above 79.5.

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	68.15
Downside Target	72.35
Downside Target	75.80
Downside Target	79.25
Upside Target	79.76
Upside Target	80.80
Upside Target	80.95
Upside Target	81.05
Upside Target	81.80
Upside Target	84.10

Intraday share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Intraday Target	77.45
Downside Intraday Target	75.55
Upside Intraday Target	81.03
Upside Intraday Target	82.71
Downside Intraday Target	79.13

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	79.36	78.50	80.80	77.22	2.052 times
10 Fri Mar 2023	78.90	78.07	79.76	77.55	0.537 times
03 Fri Mar 2023	78.23	77.35	78.50	75.80	1.248 times
24 Fri Feb 2023	77.35	80.55	80.95	76.75	1.268 times
17 Fri Feb 2023	80.55	79.80	81.05	78.30	0.816 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Oil (IndianOil)

Date	Monthly Closing Price	Open	High	Low	Volume
17 Fri Mar 2023	79.36	76.00	80.80	75.88	0.64 times
28 Tue Feb 2023	76.05	81.50	81.80	75.80	0.542 times
31 Tue Jan 2023	81.80	77.00	84.10	76.45	1.014 times
30 Fri Dec 2022	76.50	76.80	79.25	72.35	0.821 times

Scroll below to view daily charts

Price has moved up 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 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 short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 gaining momentum.

MACD generated a BUY signal for Indian Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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

CCI has generated a SELL signal for Indian Oil in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 78.96 and Indian Oil (IndianOil) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.