(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 887349
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 77.94 | 77.20 | 78.32 | 77.20 | 0.758 times |
| 29 Wed Mar 2023 | 76.89 | 76.66 | 77.53 | 76.66 | 0.588 times |
| 28 Tue Mar 2023 | 76.92 | 77.10 | 77.18 | 75.77 | 1.006 times |
| 27 Mon Mar 2023 | 77.11 | 77.73 | 78.37 | 76.82 | 0.338 times |
| 24 Fri Mar 2023 | 78.37 | 78.36 | 79.20 | 78.05 | 0.846 times |
| 23 Thu Mar 2023 | 79.05 | 79.11 | 79.58 | 78.80 | 0.338 times |
| 22 Wed Mar 2023 | 79.58 | 79.94 | 79.94 | 79.10 | 0.678 times |
| 21 Tue Mar 2023 | 79.51 | 80.80 | 81.00 | 79.35 | 0.543 times |
| 20 Mon Mar 2023 | 80.56 | 79.06 | 80.69 | 78.83 | 1.951 times |
| 17 Fri Mar 2023 | 79.36 | 80.69 | 80.80 | 78.90 | 1.298 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 77.6 as stoploss in an intra day buy trade for a target of 78.58. However, stock will show a bearish move below 77.6.
Share price targets for Indian Oil (IndianOil)
| Target Type | Value |
| Downside Target | 68.15 |
| Downside Target | 72.35 |
| Downside Target | 75.77 |
| Upside Target | 78.50 |
| Upside Target | 79.25 |
| Upside Target | 79.76 |
| Upside Target | 80.80 |
| Upside Target | 81.00 |
| Upside Target | 81.80 |
| Upside Target | 84.10 |
Intraday share price targets for Indian Oil (IndianOil)
| Target Type | Value |
| Downside Intraday Target | 76.35 |
| Downside Intraday Target | 74.76 |
| Upside Intraday Target | 78.95 |
| Upside Intraday Target | 79.96 |
| Downside Intraday Target | 77.36 |
Weekly technical analysis of Indian Oil (IndianOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 77.94 | 77.73 | 78.37 | 75.77 | 0.617 times |
| 24 Fri Mar 2023 | 78.37 | 79.06 | 81.00 | 78.05 | 0.702 times |
| 17 Fri Mar 2023 | 79.36 | 78.50 | 80.80 | 77.22 | 2.052 times |
| 10 Fri Mar 2023 | 78.90 | 78.07 | 79.76 | 77.55 | 0.537 times |
| 03 Fri Mar 2023 | 78.23 | 77.35 | 78.50 | 75.80 | 1.248 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 |
| 31 Fri Mar 2023 | 77.94 | 76.00 | 81.00 | 75.77 | 1.012 times |
| 28 Tue Feb 2023 | 76.05 | 81.50 | 81.80 | 75.80 | 0.542 times |
| 31 Tue Jan 2023 | 81.80 | 77.00 | 84.10 | 76.45 | 1.014 times |
| 30 Fri Dec 2022 | 76.50 | 76.80 | 79.25 | 72.35 | 0.821 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 | 22, 27, 11 | Sell |
| MACD | -0, -0 | Sell |
| Stochastics | 28 | Sell |
| CCI | -46 | Buy |
| RSI | 55 | Buy |
| OBV | 3354590 | Sell |
| VWAP | 79 | Sell |
| ADL | 0 | Sell |
| ROC | -2 | Sell |
| Force Index | 0 | Sell |
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 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 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 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 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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 78.87 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.
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