(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)
Showing technical analysis as on 2021-07-15 View latest technical analysis
10 day averaged volume of Raj Oil is 11191
|Date||Daily Closing Price||Open||High||Low||Volume|
|15 Thu Jul 2021||80.95||82.90||82.90||80.00||0.265 times|
|14 Wed Jul 2021||81.15||82.40||83.00||80.65||0.525 times|
|13 Tue Jul 2021||82.55||84.80||85.15||80.20||0.821 times|
|12 Mon Jul 2021||83.45||86.00||86.00||82.00||0.484 times|
|09 Fri Jul 2021||83.25||80.00||84.60||79.25||1.022 times|
|08 Thu Jul 2021||79.80||80.40||81.00||78.90||0.292 times|
|07 Wed Jul 2021||80.60||80.65||82.50||80.40||0.6 times|
|06 Tue Jul 2021||82.40||85.85||85.85||80.65||0.913 times|
|05 Mon Jul 2021||83.10||84.00||86.10||82.25||0.877 times|
|02 Fri Jul 2021||83.30||83.95||92.00||80.25||3.919 times|
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 81.6, but if it comes above 81.6, then a intra day buy could be more profitable.
If you take a sell trade below 81.6, then use 81.6 as stoploss and 75.7 as target. However if you take a buy trade in stock , then use 81.6 as stoploss and 86.54 as target.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||78.63|
|Downside Intraday Target||76.32|
|Upside Intraday Target||84.63|
|Upside Intraday Target||88.32|
|Upside Intraday Target||82.32|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|15 Thu Jul 2021||80.95||86.00||86.00||80.00||0.566 times|
|09 Fri Jul 2021||83.25||84.00||86.10||78.90||0.602 times|
|02 Fri Jul 2021||83.30||91.00||94.00||80.25||1.762 times|
|25 Fri Jun 2021||90.75||91.00||97.00||90.50||1.553 times|
|18 Fri Jun 2021||93.95||97.00||98.95||92.00||0.675 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|
|15 Thu Jul 2021||80.95||91.60||92.00||78.90||0.731 times|
|30 Wed Jun 2021||89.25||103.45||105.00||88.65||1.138 times|
|31 Mon May 2021||103.45||110.70||116.95||88.05||1.377 times|
|30 Fri Apr 2021||106.10||93.40||109.95||85.05||0.586 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||12, 22, 28||Sell|
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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.
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 getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above 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 BUY signal in short term and the buying is gaining 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 82.68 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.