(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 1513
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Oct 2022 | 58.00 | 58.65 | 58.65 | 57.50 | 0.174 times |
| 03 Mon Oct 2022 | 57.30 | 57.30 | 58.40 | 57.30 | 0.112 times |
| 30 Fri Sep 2022 | 57.45 | 59.00 | 59.00 | 57.30 | 0.472 times |
| 29 Thu Sep 2022 | 57.70 | 57.75 | 59.50 | 57.70 | 0.494 times |
| 28 Wed Sep 2022 | 58.20 | 58.05 | 59.70 | 58.05 | 0.257 times |
| 27 Tue Sep 2022 | 58.75 | 59.00 | 60.85 | 58.00 | 1.467 times |
| 26 Mon Sep 2022 | 59.55 | 58.10 | 59.85 | 58.10 | 0.939 times |
| 23 Fri Sep 2022 | 58.50 | 60.00 | 60.00 | 58.15 | 1.362 times |
| 22 Thu Sep 2022 | 59.55 | 59.60 | 60.90 | 59.15 | 1.555 times |
| 21 Wed Sep 2022 | 60.00 | 59.70 | 60.30 | 59.55 | 1.304 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 58.1, but if it comes above 58.1, then a intra day buy could be more profitable.
If you take a sell trade below 58.1, then use 58.1 as stoploss and 55.9 as target. However if you take a buy trade in stock , then use 58.1 as stoploss and 60.01 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Upside Target | 60.85 |
| Upside Target | 60.95 |
| Upside Target | 61.05 |
| Upside Target | 62.95 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
| Upside Target | 67.45 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 57.32 |
| Downside Intraday Target | 56.63 |
| Upside Intraday Target | 58.67 |
| Upside Intraday Target | 59.33 |
| Downside Intraday Target | 57.98 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Oct 2022 | 58.00 | 57.30 | 58.65 | 57.30 | 0.079 times |
| 30 Fri Sep 2022 | 57.45 | 58.10 | 60.85 | 57.30 | 0.452 times |
| 23 Fri Sep 2022 | 58.50 | 60.95 | 60.95 | 58.15 | 0.78 times |
| 16 Fri Sep 2022 | 60.20 | 61.05 | 62.95 | 60.00 | 0.712 times |
| 09 Fri Sep 2022 | 61.10 | 62.85 | 65.90 | 61.05 | 0.742 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 |
| 04 Tue Oct 2022 | 58.00 | 57.30 | 58.65 | 57.30 | 0.006 times |
| 30 Fri Sep 2022 | 57.45 | 60.60 | 65.90 | 57.30 | 1.263 times |
| 30 Tue Aug 2022 | 60.20 | 60.50 | 64.15 | 59.30 | 2.165 times |
| 29 Fri Jul 2022 | 60.45 | 62.00 | 65.90 | 59.25 | 0.658 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, 11, 7 | Buy |
| MACD | -2, -2 | Sell |
| Stochastics | 8 | Sell |
| CCI | -74 | Buy |
| RSI | 59 | Buy |
| OBV | -13349 | Sell |
| VWAP | 59 | Sell |
| ADL | 0 | Sell |
| ROC | -4 | Sell |
| Force Index | 0 | Sell |
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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj 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 below 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 negative zone. This is the SELL 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 58.96 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 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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