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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 2023-09-18 View latest technical analysis

10 day averaged volume of Indian Oil is 1325435

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	92.59	92.36	93.35	91.80	1.59 times
15 Fri Sep 2023	91.96	94.59	94.70	91.76	1.139 times
14 Thu Sep 2023	94.62	93.89	95.10	93.17	0.641 times
13 Wed Sep 2023	92.94	91.81	93.45	91.05	0.908 times
12 Tue Sep 2023	91.57	95.81	95.90	91.40	0.771 times
11 Mon Sep 2023	95.17	95.64	95.90	94.12	1.085 times
08 Fri Sep 2023	93.97	92.01	94.90	91.55	2.256 times
07 Thu Sep 2023	91.71	91.34	91.90	91.10	0.33 times
06 Wed Sep 2023	91.33	91.45	91.70	90.57	0.746 times
05 Tue Sep 2023	91.37	90.80	91.70	90.40	0.511 times

My analysis of stock is bullish for shortterm, and stock might move up till 93.4 or till 95.2. Use a stoploss of 91.86 and if this stock hits its stoploss, then it can fall down till 90.35

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	93.35
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	91.81
Downside Intraday Target	91.03
Upside Intraday Target	93.36
Upside Intraday Target	94.13
Downside Intraday Target	92.58

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Sep 2023	92.59	92.36	93.35	91.80	0.35 times
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

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
18 Mon Sep 2023	92.59	89.39	95.90	88.83	1.25 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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.

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 below the red cloud Prices appear to be moving up

CCI has generated a SELL signal for Indian Oil in short term and SELL signal is strong!

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 93.01 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 positive

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