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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 2023-09-11 View latest technical analysis

10 day averaged volume of Indian Oil is 1255428

Date	Daily Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	95.17	95.64	95.90	94.12	1.145 times
08 Fri Sep 2023	93.97	92.01	94.90	91.55	2.382 times
07 Thu Sep 2023	91.71	91.34	91.90	91.10	0.349 times
06 Wed Sep 2023	91.33	91.45	91.70	90.57	0.787 times
05 Tue Sep 2023	91.37	90.80	91.70	90.40	0.539 times
04 Mon Sep 2023	90.04	89.49	90.50	89.30	1.704 times
01 Fri Sep 2023	89.08	89.39	90.00	88.83	1.094 times
31 Thu Aug 2023	89.16	90.80	91.19	89.00	1.18 times
30 Wed Aug 2023	90.76	91.60	91.60	90.20	0.467 times
29 Tue Aug 2023	91.84	92.44	92.44	91.60	0.612 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 94.8, for a target of 93.1 or 91.74

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	81.40
Downside Target	88.60
Downside Target	93.24
Downside Target	93.48
Downside Target	93.70
Downside Target	94.12
Downside Target	94.79
Downside Target	94.90
Upside Target	95.90
Upside Target	101.44

Intraday share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Intraday Target	94.23
Downside Intraday Target	93.28
Upside Intraday Target	96.01
Upside Intraday Target	96.84
Downside Intraday Target	95.06

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Mon Sep 2023	95.17	95.64	95.90	94.12	0.199 times
08 Fri Sep 2023	93.97	89.49	94.90	89.30	1.359 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

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
11 Mon Sep 2023	95.17	89.39	95.90	88.83	0.75 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 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 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 but the buy signal is initial and weak.

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 moving up

CCI has generated a buy signal for Indian Oil in short term and BUY signal is strong.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 91.69 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 negative.

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