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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 28127

Date Daily Closing Price Open High Low Volume
13 Fri May 2022 68.95 67.55 68.95 67.00 0.149 times
12 Thu May 2022 65.70 67.15 69.15 65.70 0.207 times
11 Wed May 2022 69.15 72.90 73.50 68.55 0.114 times
10 Tue May 2022 71.60 76.00 76.00 71.00 0.223 times
09 Mon May 2022 73.15 69.85 73.30 67.10 0.352 times
06 Fri May 2022 69.85 76.70 76.70 69.75 0.536 times
05 Thu May 2022 73.40 78.80 78.80 72.75 0.403 times
04 Wed May 2022 75.70 80.90 80.90 75.65 0.567 times
02 Mon May 2022 79.60 84.90 86.00 78.65 0.762 times
29 Fri Apr 2022 82.75 90.25 90.75 82.15 1.037 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 67.1 as stoploss in an intra day buy trade for a target of 73.91. However, stock will show a bearish move below 67.1.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.40
Downside Target 65.00
Upside Target 74.85
Upside Target 75.00
Upside Target 76.00
Upside Target 84.90
Upside Target 86.00
Upside Target 93.15
Upside Target 95.55

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 64.43
Downside Intraday Target 59.92
Upside Intraday Target 74.73
Upside Intraday Target 80.52
Upside Intraday Target 70.22

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
13 Fri May 2022 68.95 69.85 76.00 65.70 0.46 times
06 Fri May 2022 69.85 84.90 86.00 69.75 0.164 times
29 Fri Apr 2022 82.75 68.40 95.55 68.40 33.422 times
22 Fri Apr 2022 68.45 70.50 71.15 66.70 1.322 times
13 Wed Apr 2022 69.50 68.00 74.85 68.00 0.282 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 Raj Oil (RajOil)

Date Monthly Closing Price Open High Low Volume
13 Fri May 2022 68.95 84.90 86.00 65.70 0.21 times
29 Fri Apr 2022 82.75 65.20 95.55 65.00 1.212 times
31 Thu Mar 2022 65.25 60.00 93.15 59.40 3.668 times
28 Mon Feb 2022 62.00 73.50 75.00 57.10 0.898 times

Scroll below to view daily charts

Price has moved down 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 20, 31, 21 Sell
MACD -1, 1Sell
Stochastics 7Sell
CCI -85Buy
RSI 59Buy
OBV -76900Sell
VWAP 76Sell
ADL 0Sell
ROC -20Sell
Force Index 0Sell

Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 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 Strong and stock is gaining momentum.

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

Raj 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 in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying is losing 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 Raj 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 75.84 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.

Raj Oil Stock has given negative 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

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Daily charts

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Daily chart

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