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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 2021-10-26 View latest technical analysis

10 day averaged volume of Raj Oil is 7994

Date Daily Closing Price Open High Low Volume
26 Tue Oct 2021 86.80 85.05 88.85 85.00 1.17 times
25 Mon Oct 2021 87.30 86.30 90.00 86.30 0.589 times
22 Fri Oct 2021 88.10 87.50 89.95 87.40 0.288 times
21 Thu Oct 2021 90.05 86.10 90.95 86.00 0.954 times
20 Wed Oct 2021 89.35 90.00 92.50 88.20 0.443 times
19 Tue Oct 2021 90.75 91.40 93.75 90.20 1.11 times
18 Mon Oct 2021 92.85 93.95 93.95 90.65 0.971 times
14 Thu Oct 2021 92.75 96.60 96.60 92.10 1.122 times
13 Wed Oct 2021 94.65 95.95 95.95 92.50 1.858 times
12 Tue Oct 2021 94.30 95.00 95.75 93.00 1.343 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 89.6, but if it comes above 89.6, then a intra day buy could be more profitable.
If you take a sell trade below 89.6, then use 89.6 as stoploss and 84.5 as target. However if you take a buy trade in stock , then use 89.6 as stoploss and 93.89 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
Upside Target 88.65
Upside Target 92.00
Upside Target 93.95
Upside Target 98.95
Upside Target 105.00
Upside Target 105.85
Upside Target 107.95
Upside Target 150.85

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 84.53
Downside Intraday Target 82.27
Upside Intraday Target 89.53
Upside Intraday Target 92.27
Upside Intraday Target 87.27

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
26 Tue Oct 2021 86.80 86.30 90.00 85.00 0.467 times
22 Fri Oct 2021 88.10 93.95 93.95 86.00 0.667 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

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
26 Tue Oct 2021 86.80 93.85 105.85 85.00 0.149 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 14, 25, 28 Sell
MACD -2, 0Sell
Stochastics 12Sell
CCI -110Sell
RSI 74Buy
OBV -97102Sell
VWAP 92Sell
ADL 0Sell
ROC -10Sell
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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.

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

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 91.52 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.

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Daily charts

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