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(RajOil) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (RajOil) share price targets

Complete technical analysis of Raj Oil (RajOil) by charts plus indicators, forecast predictions and share price targets for Raj Oil (RajOil)

10 day averaged volume of Raj Oil is 3237

Date Daily Closing Price Open High Low Volume
02 Fri Dec 2022 59.75 58.50 59.95 58.50 0.435 times
01 Thu Dec 2022 58.55 59.95 60.05 58.25 0.136 times
30 Wed Nov 2022 58.30 59.60 59.60 58.30 0.029 times
29 Tue Nov 2022 58.80 59.70 59.95 58.00 0.799 times
28 Mon Nov 2022 59.15 58.95 60.50 56.85 1.595 times
25 Fri Nov 2022 58.70 58.45 60.00 57.05 0.472 times
24 Thu Nov 2022 58.90 59.85 61.00 58.35 1.611 times
23 Wed Nov 2022 61.40 60.30 62.00 59.75 1.875 times
22 Tue Nov 2022 59.35 58.10 61.90 58.10 1.818 times
21 Mon Nov 2022 59.85 58.00 59.95 57.85 1.403 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 60.3 as stoploss in an intra day sell trade for a target of 59.13. However, stock will show a bullish move above 60.3.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 54.75
Downside Target 56.50
Upside Target 59.80
Upside Target 60.00
Upside Target 60.05
Upside Target 60.50
Upside Target 62.00
Upside Target 63.00
Upside Target 64.15
Upside Target 65.90

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 57.57
Downside Intraday Target 55.38
Upside Intraday Target 61.22
Upside Intraday Target 62.68
Downside Intraday Target 59.03

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
02 Fri Dec 2022 59.75 58.95 60.50 56.85 0.417 times
25 Fri Nov 2022 58.70 58.00 62.00 57.05 0.722 times
18 Fri Nov 2022 59.65 57.35 63.00 56.50 2.364 times
11 Fri Nov 2022 57.35 58.60 60.00 56.85 0.777 times
04 Fri Nov 2022 57.80 59.00 59.00 55.15 4.397 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 Raj Oil (RajOil)

Date Monthly Closing Price Open High Low Volume
02 Fri Dec 2022 59.75 59.95 60.05 58.25 0.02 times
30 Wed Nov 2022 58.30 56.15 63.00 55.15 3.529 times
31 Mon Oct 2022 56.80 57.30 59.80 54.75 0.343 times
30 Fri Sep 2022 57.45 60.60 65.90 57.30 1.263 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 Raj Oil (RajOil)

Indicator Name Indicator Value Indicator Signal
ADX 13, 13, 0 Sell
MACD 0, 0Sell
Stochastics 38None
CCI 15Buy
RSI 56Buy
OBV 31802Sell
VWAP 60Buy
ADL 0Sell
ROC 0Buy
Force Index 0Sell

Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.

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

Raj 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 weakening, and bulls are picking up momentum!

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 Raj 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 positive zone. This is a BUY zone

Stock of Raj 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 59.62 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.

Raj 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 Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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