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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)

Showing technical analysis as on 2021-10-11 View latest technical analysis

10 day averaged volume of Raj Oil is 19051

Date Daily Closing Price Open High Low Volume
11 Mon Oct 2021 96.35 98.80 98.95 95.00 0.555 times
08 Fri Oct 2021 97.60 96.05 103.70 96.05 0.581 times
07 Thu Oct 2021 99.90 104.45 104.45 97.20 0.539 times
06 Wed Oct 2021 100.20 105.85 105.85 99.00 0.862 times
05 Tue Oct 2021 101.75 97.45 101.75 97.25 1.776 times
04 Mon Oct 2021 96.95 92.50 97.15 88.65 1.432 times
01 Fri Oct 2021 92.55 93.85 93.85 90.20 0.479 times
30 Thu Sep 2021 93.60 90.30 96.40 90.30 1.063 times
29 Wed Sep 2021 93.85 97.00 97.50 93.25 1.289 times
28 Tue Sep 2021 98.15 104.95 104.95 98.15 1.031 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 94.2 as stoploss in an intra day buy trade for a target of 105.5. However, stock will show a bearish move below 94.2.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 55.45
Downside Target 64.20
Downside Target 76.30
Downside Target 84.95
Downside Target 88.65
Downside Target 92.00
Downside Target 95.00
Upside Target 98.95
Upside Target 105.00
Upside Target 105.85
Upside Target 107.95
Upside Target 120.00
Upside Target 150.85

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 94.58
Downside Intraday Target 92.82
Upside Intraday Target 98.53
Upside Intraday Target 100.72
Upside Intraday Target 96.77

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
11 Mon Oct 2021 96.35 98.80 98.95 95.00 0.107 times
08 Fri Oct 2021 97.60 92.50 105.85 88.65 1.079 times
01 Fri Oct 2021 92.55 105.90 107.95 90.20 0.231 times
24 Fri Sep 2021 104.45 100.05 120.00 100.05 0.859 times
17 Fri Sep 2021 111.15 99.70 150.85 99.00 1.451 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
11 Mon Oct 2021 96.35 93.85 105.85 88.65 0.09 times
30 Thu Sep 2021 93.60 80.00 150.85 64.20 2.696 times
31 Tue Aug 2021 76.15 76.50 84.95 55.45 2.816 times
30 Fri Jul 2021 77.80 91.60 92.00 76.30 1.11 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 26, 22, 10 Buy
MACD 5, 7Sell
Stochastics 47None
CCI -13Sell
RSI 75Buy
OBV -251061Sell
VWAP 97Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Raj Oil stock for short term is BUY. 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.

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 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

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 97.42 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.

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Daily charts

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