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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 2021-10-18 View latest technical analysis

10 day averaged volume of Raj Oil is 15313

Date Daily Closing Price Open High Low Volume
18 Mon Oct 2021 92.85 93.95 93.95 90.65 0.507 times
14 Thu Oct 2021 92.75 96.60 96.60 92.10 0.586 times
13 Wed Oct 2021 94.65 95.95 95.95 92.50 0.97 times
12 Tue Oct 2021 94.30 95.00 95.75 93.00 0.701 times
11 Mon Oct 2021 96.35 98.80 98.95 95.00 0.691 times
08 Fri Oct 2021 97.60 96.05 103.70 96.05 0.723 times
07 Thu Oct 2021 99.90 104.45 104.45 97.20 0.671 times
06 Wed Oct 2021 100.20 105.85 105.85 99.00 1.073 times
05 Tue Oct 2021 101.75 97.45 101.75 97.25 2.209 times
04 Mon Oct 2021 96.95 92.50 97.15 88.65 1.782 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 93.6, but if it comes above 93.6, then a intra day buy could be more profitable.
If you take a sell trade below 93.6, then use 93.6 as stoploss and 86.7 as target. However if you take a buy trade in stock , then use 93.6 as stoploss and 99.41 as target.

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
Upside Target 93.95
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 91.02
Downside Intraday Target 89.18
Upside Intraday Target 94.32
Upside Intraday Target 95.78
Downside Intraday Target 92.48

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
18 Mon Oct 2021 92.85 93.95 93.95 90.65 0.172 times
14 Thu Oct 2021 92.75 98.80 98.95 92.10 0.456 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

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
18 Mon Oct 2021 92.85 93.85 105.85 88.65 0.122 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 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 22, 23, 2 Sell
MACD 2, 4Sell
Stochastics 28Sell
CCI -98Sell
RSI 71Buy
OBV -405629Sell
VWAP 98Sell
ADL 0Sell
ROC 0Buy
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 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 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 SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 97.71 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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 is giving positive 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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