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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 2673

Date Daily Closing Price Open High Low Volume
27 Wed Mar 2024 43.09 41.25 44.61 41.25 0.984 times
26 Tue Mar 2024 44.56 46.51 46.51 44.45 0.837 times
22 Fri Mar 2024 45.60 45.35 47.72 44.55 1.199 times
21 Thu Mar 2024 43.39 45.00 45.00 43.15 1.087 times
20 Wed Mar 2024 43.11 42.50 44.00 42.50 4.115 times
19 Tue Mar 2024 42.50 42.05 42.75 42.05 0.603 times
18 Mon Mar 2024 42.74 44.18 44.18 42.55 0.081 times
15 Fri Mar 2024 43.31 48.29 48.29 42.55 1.055 times
14 Thu Mar 2024 43.90 38.56 45.50 38.56 0.224 times
13 Wed Mar 2024 42.84 45.84 45.84 42.60 0.493 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 43.2, but if it comes above 43.2, then a intra day buy could be more profitable.
If you take a sell trade below 43.2, then use 43.2 as stoploss and 41.2 as target. However if you take a buy trade in stock , then use 43.2 as stoploss and 44.9 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 41.25
Upside Target 45.00
Upside Target 47.72
Upside Target 48.29
Upside Target 48.59
Upside Target 48.81
Upside Target 52.10
Upside Target 52.58
Upside Target 53.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 40.72
Downside Intraday Target 38.36
Upside Intraday Target 45.98
Upside Intraday Target 48.88
Upside Intraday Target 43.62

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
27 Wed Mar 2024 43.09 46.51 46.51 41.25 0.257 times
22 Fri Mar 2024 45.60 44.18 47.72 42.05 2.885 times
15 Fri Mar 2024 43.31 46.84 48.29 38.56 1.206 times
07 Thu Mar 2024 45.92 47.99 48.59 45.00 0.228 times
01 Fri Mar 2024 46.81 48.58 48.81 46.31 1.634 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
27 Wed Mar 2024 43.09 47.53 48.59 38.56 0.392 times
29 Thu Feb 2024 46.48 48.15 53.00 45.01 0.351 times
31 Wed Jan 2024 48.70 46.70 53.00 45.55 2.847 times
29 Fri Dec 2023 47.43 52.58 52.58 45.25 1.418 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)

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 Weak and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 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 43.52 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 Weak and stock is losing momentum.

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

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 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 43.52 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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