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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 2023-09-21 View latest technical analysis

10 day averaged volume of Indian Oil is 1323709

Date	Daily Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	92.76	91.71	93.15	91.71	0.375 times
20 Wed Sep 2023	91.83	92.50	92.93	91.38	0.522 times
18 Mon Sep 2023	92.59	92.36	93.35	91.80	1.592 times
15 Fri Sep 2023	91.96	94.59	94.70	91.76	1.141 times
14 Thu Sep 2023	94.62	93.89	95.10	93.17	0.642 times
13 Wed Sep 2023	92.94	91.81	93.45	91.05	0.909 times
12 Tue Sep 2023	91.57	95.81	95.90	91.40	0.772 times
11 Mon Sep 2023	95.17	95.64	95.90	94.12	1.086 times
08 Fri Sep 2023	93.97	92.01	94.90	91.55	2.259 times
07 Thu Sep 2023	91.71	91.34	91.90	91.10	0.331 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 93.4 as stoploss in an intra day sell trade for a target of 91.93. However, stock will show a bullish move above 93.4.

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	91.64
Downside Intraday Target	90.53
Upside Intraday Target	93.61
Upside Intraday Target	94.47
Downside Intraday Target	92.5

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Thu Sep 2023	92.76	92.36	93.35	91.38	0.547 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
21 Thu Sep 2023	92.76	89.39	95.90	88.83	1.339 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 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 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 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.

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. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 93.15 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.