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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)

10 day averaged volume of Indian Oil is 1397635

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 73.35 72.05 73.90 71.65 2.076 times
24 Thu Nov 2022 72.05 69.90 72.65 69.90 2.791 times
23 Wed Nov 2022 69.90 70.00 70.25 69.70 0.712 times
22 Tue Nov 2022 70.00 70.40 70.40 69.50 0.603 times
21 Mon Nov 2022 70.05 69.30 70.35 69.20 1.346 times
18 Fri Nov 2022 69.20 69.10 69.45 68.75 0.723 times
17 Thu Nov 2022 69.10 69.35 69.60 69.00 0.545 times
16 Wed Nov 2022 69.35 69.60 69.70 69.10 0.828 times
15 Tue Nov 2022 69.65 69.55 69.75 69.15 0.99 times
14 Mon Nov 2022 69.40 69.80 70.15 68.85 0.784 times

Stock of Indian Oil (IndianOil) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 72.2, for a target of 70.8 or 69.61

Share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Target 65.20
Downside Target 70.00
Downside Target 70.15
Downside Target 70.30
Downside Target 70.60
Upside Target 73.75
Upside Target 73.90
Upside Target 73.95
Upside Target 75.15

Intraday share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Intraday Target 70.4
Downside Intraday Target 67.45
Upside Intraday Target 75.1
Upside Intraday Target 76.85
Downside Intraday Target 72.15

Weekly technical analysis of Indian Oil (IndianOil)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 73.35 69.30 73.90 69.20 1.946 times
18 Fri Nov 2022 69.20 69.80 70.15 68.75 0.978 times
11 Fri Nov 2022 69.75 68.80 70.60 68.65 0.579 times
04 Fri Nov 2022 68.55 68.20 69.15 68.05 1.62 times
28 Fri Oct 2022 68.45 68.50 69.20 67.15 1.666 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Indian Oil (IndianOil)

Date Monthly Closing Price Open High Low Volume
25 Fri Nov 2022 73.35 68.30 73.90 68.15 1.202 times
31 Mon Oct 2022 68.25 67.15 69.20 65.85 0.621 times
30 Fri Sep 2022 67.00 71.10 73.75 65.20 1.367 times
30 Tue Aug 2022 71.55 72.30 73.95 70.30 1.428 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)

Indicator Name Indicator Value Indicator Signal
ADX 42, 8, 69 Buy
MACD 1, 0Buy
Stochastics 81Buy
CCI 222Buy
RSI 63Buy
OBV 17496469Sell
VWAP 71Buy
ADL 0Sell
ROC 5Buy
Force Index 0Sell

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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Indian Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Indian Oil in short term and BUY signal is strong.

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

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 70.9 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 positive

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

Click here for Indian Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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