Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2023-09-27 View latest technical analysis

10 day averaged volume of Indian Oil is 992420

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	90.40	92.39	92.39	90.12	1.943 times
26 Tue Sep 2023	92.01	92.39	92.80	91.90	0.405 times
25 Mon Sep 2023	91.92	92.57	92.65	91.76	0.715 times
22 Fri Sep 2023	92.26	92.76	93.35	92.00	0.941 times
21 Thu Sep 2023	92.76	91.71	93.15	91.71	0.5 times
20 Wed Sep 2023	91.83	92.50	92.93	91.38	0.696 times
18 Mon Sep 2023	92.59	92.36	93.35	91.80	2.124 times
15 Fri Sep 2023	91.96	94.59	94.70	91.76	1.521 times
14 Thu Sep 2023	94.62	93.89	95.10	93.17	0.856 times
13 Wed Sep 2023	92.94	91.81	93.45	91.05	1.212 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 90.3 as stoploss in an intra day buy trade for a target of 91.87. However, stock will show a bearish move below 90.3.

Share price targets for Indian Oil (IndianOil)

Target Type	Value
Downside Target	81.40
Downside Target	88.60
Upside Target	92.50
Upside Target	92.80
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	89.41
Downside Intraday Target	88.43
Upside Intraday Target	92.09
Upside Intraday Target	93.79
Upside Intraday Target	91.11

Weekly technical analysis of Indian Oil (IndianOil)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Sep 2023	90.40	92.57	92.80	90.12	0.719 times
22 Fri Sep 2023	92.26	92.36	93.35	91.38	0.702 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

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
27 Wed Sep 2023	90.40	89.39	95.90	88.83	1.636 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, and volume has increased substantially. This means that the move can 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Indian Oil in short term and the sell signal is strong.

Indian Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 and SELL signal is strong!

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 92.18 and Indian Oil (IndianOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

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 has given negative 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.