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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 2023-09-04 View latest technical analysis

10 day averaged volume of Indian Oil is 766288

Date Daily Closing Price Open High Low Volume
04 Mon Sep 2023 90.04 89.49 90.50 89.30 2.791 times
01 Fri Sep 2023 89.08 89.39 90.00 88.83 1.792 times
31 Thu Aug 2023 89.16 90.80 91.19 89.00 1.933 times
30 Wed Aug 2023 90.76 91.60 91.60 90.20 0.766 times
29 Tue Aug 2023 91.84 92.44 92.44 91.60 1.003 times
28 Mon Aug 2023 91.87 92.20 92.50 91.48 1.451 times
25 Fri Aug 2023 91.80 91.90 93.19 91.69 0.929 times
24 Thu Aug 2023 92.26 91.70 93.24 91.55 0.756 times
23 Wed Aug 2023 91.26 91.99 91.99 91.12 0.387 times
22 Tue Aug 2023 91.84 92.11 92.39 91.67 0.533 times

Stock of Indian Oil (IndianOil) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 90.6, but if it comes above 90.6, then a intra day buy could be more profitable.
If you take a sell trade below 90.6, then use 90.6 as stoploss and 89 as target. However if you take a buy trade in stock , then use 90.6 as stoploss and 91.88 as target.

Share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Target 81.40
Downside Target 88.60
Upside Target 91.43
Upside Target 91.90
Upside Target 92.50
Upside Target 93.24
Upside Target 93.48
Upside Target 93.70
Upside Target 94.34
Upside Target 94.79
Upside Target 101.44

Intraday share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Intraday Target 89.39
Downside Intraday Target 88.75
Upside Intraday Target 90.59
Upside Intraday Target 91.15
Downside Intraday Target 89.95

Weekly technical analysis of Indian Oil (IndianOil)

Date Weekly Closing Price Open High Low Volume
04 Mon Sep 2023 90.04 89.49 90.50 89.30 0.402 times
01 Fri Sep 2023 89.08 92.20 92.50 88.83 2.273 times
25 Fri Aug 2023 91.80 91.40 93.24 90.70 1.62 times
18 Fri Aug 2023 91.37 93.35 93.48 91.20 0.591 times
11 Fri Aug 2023 93.48 92.50 94.34 91.90 0.473 times

Price has moved up 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
04 Mon Sep 2023 90.04 89.39 90.50 88.83 0.262 times
31 Thu Aug 2023 89.16 93.85 94.79 89.00 0.371 times
31 Mon Jul 2023 93.80 91.36 101.44 91.31 1.362 times
30 Fri Jun 2023 91.25 90.50 93.70 88.60 1.047 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Indian Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term and the buying is gaining 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 90.55 and Indian Oil (IndianOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Price action analysis of Indian Oil ( (IndianOil) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Indian Oil ( (IndianOil) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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

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

Indian Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term and the buying is gaining 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 90.55 and Indian Oil (IndianOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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

Click here for Indian Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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