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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 2023-09-13 View latest technical analysis

10 day averaged volume of Indian Oil is 1313373

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Sep 2023	92.94	91.81	93.45	91.05	0.916 times
12 Tue Sep 2023	91.57	95.81	95.90	91.40	0.778 times
11 Mon Sep 2023	95.17	95.64	95.90	94.12	1.095 times
08 Fri Sep 2023	93.97	92.01	94.90	91.55	2.277 times
07 Thu Sep 2023	91.71	91.34	91.90	91.10	0.333 times
06 Wed Sep 2023	91.33	91.45	91.70	90.57	0.753 times
05 Tue Sep 2023	91.37	90.80	91.70	90.40	0.515 times
04 Mon Sep 2023	90.04	89.49	90.50	89.30	1.628 times
01 Fri Sep 2023	89.08	89.39	90.00	88.83	1.046 times
31 Thu Aug 2023	89.16	90.80	91.19	89.00	1.128 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 93 as stoploss in an intra day sell trade for a target of 91.68. However, stock will show a bullish move above 93.

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	81.40
Downside Target	88.60
Downside Target	92.50
Upside Target	93.24
Upside Target	93.48
Upside Target	93.70
Upside Target	94.79
Upside 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	90.69
Downside Intraday Target	88.45
Upside Intraday Target	95.54
Upside Intraday Target	98.15
Upside Intraday Target	93.3

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Sep 2023	92.94	95.64	95.90	91.05	0.506 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 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
13 Wed Sep 2023	92.94	89.39	95.90	88.83	0.917 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Indian Oil stock for short term is SELL. Signal strength is Weak 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 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 negative zone. This is the SELL 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 91.82 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.