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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 2023-09-15 View latest technical analysis

10 day averaged volume of Indian Oil is 1311802

Date	Daily Closing Price	Open	High	Low	Volume
15 Fri Sep 2023	91.96	94.59	94.70	91.76	1.151 times
14 Thu Sep 2023	94.62	93.89	95.10	93.17	0.647 times
13 Wed Sep 2023	92.94	91.81	93.45	91.05	0.917 times
12 Tue Sep 2023	91.57	95.81	95.90	91.40	0.779 times
11 Mon Sep 2023	95.17	95.64	95.90	94.12	1.096 times
08 Fri Sep 2023	93.97	92.01	94.90	91.55	2.28 times
07 Thu Sep 2023	91.71	91.34	91.90	91.10	0.334 times
06 Wed Sep 2023	91.33	91.45	91.70	90.57	0.754 times
05 Tue Sep 2023	91.37	90.80	91.70	90.40	0.516 times
04 Mon Sep 2023	90.04	89.49	90.50	89.30	1.63 times

My analysis of stock is bullish for shortterm, and stock might move up till 93.3 or till 95.1. Use a stoploss of 91.82 and if this stock hits its stoploss, then it can fall down till 90.32

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	81.40
Downside Target	88.60
Upside 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	90.04
Downside Intraday Target	88.12
Upside Intraday Target	94.89
Upside Intraday Target	97.82
Upside Intraday Target	92.97

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Fri Sep 2023	91.96	95.64	95.90	91.05	0.833 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
15 Fri Sep 2023	91.96	89.39	95.90	88.83	1.093 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 neutral. A longer time frame might give a better analysis.

Price action analysis of Indian Oil ( (IndianOil) ) based on a short to mid 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 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 losing momentum.

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

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 stronger in this stock.

Ichimoku cloud is of red color and prices are below 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 SELL signal in short term and selling is picking up 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 92.6 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 negative.

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