(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 2021-12-28 View latest technical analysis
10 day averaged volume of Raj Oil is 3467
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue Dec 2021 | 72.65 | 75.45 | 75.50 | 72.20 | 1.053 times |
| 27 Mon Dec 2021 | 73.15 | 74.75 | 76.15 | 73.05 | 0.21 times |
| 24 Fri Dec 2021 | 74.05 | 74.00 | 76.75 | 72.10 | 0.821 times |
| 23 Thu Dec 2021 | 75.80 | 74.50 | 79.45 | 74.50 | 0.499 times |
| 22 Wed Dec 2021 | 77.00 | 79.80 | 79.80 | 74.10 | 1.379 times |
| 21 Tue Dec 2021 | 77.70 | 71.30 | 78.00 | 71.30 | 0.753 times |
| 20 Mon Dec 2021 | 74.95 | 76.20 | 77.80 | 74.95 | 0.844 times |
| 17 Fri Dec 2021 | 78.85 | 81.35 | 81.35 | 76.50 | 1.033 times |
| 16 Thu Dec 2021 | 79.25 | 82.95 | 84.35 | 78.20 | 1.422 times |
| 15 Wed Dec 2021 | 81.20 | 81.05 | 82.05 | 80.00 | 1.109 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 73.7, but if it comes above 73.7, then a intra day buy could be more profitable.
If you take a sell trade below 73.7, then use 73.7 as stoploss and 70 as target. However if you take a buy trade in stock , then use 73.7 as stoploss and 76.74 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 55.45 |
| Downside Target | 64.20 |
| Downside Target | 70.20 |
| Upside Target | 76.15 |
| Upside Target | 79.05 |
| Upside Target | 80.40 |
| Upside Target | 84.95 |
| Upside Target | 86.80 |
| Upside Target | 90.00 |
| Upside Target | 105.85 |
| Upside Target | 150.85 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 71.18 |
| Downside Intraday Target | 69.72 |
| Upside Intraday Target | 75.13 |
| Upside Intraday Target | 77.62 |
| Upside Intraday Target | 73.67 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue Dec 2021 | 72.65 | 74.75 | 76.15 | 72.20 | 0.294 times |
| 24 Fri Dec 2021 | 74.05 | 76.20 | 79.80 | 71.30 | 0.472 times |
| 17 Fri Dec 2021 | 78.85 | 83.60 | 86.80 | 76.50 | 1.46 times |
| 10 Fri Dec 2021 | 79.70 | 73.50 | 80.40 | 73.00 | 1.83 times |
| 03 Fri Dec 2021 | 74.70 | 73.55 | 76.35 | 70.20 | 0.556 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 |
| 28 Tue Dec 2021 | 72.65 | 71.25 | 86.80 | 71.25 | 0.713 times |
| 30 Tue Nov 2021 | 74.00 | 83.00 | 90.00 | 70.20 | 0.48 times |
| 29 Fri Oct 2021 | 82.40 | 93.85 | 105.85 | 79.05 | 0.169 times |
| 30 Thu Sep 2021 | 93.60 | 80.00 | 150.85 | 64.20 | 2.696 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 | 16, 20, 12 | Sell |
| MACD | -4, -3 | Sell |
| Stochastics | 13 | Sell |
| CCI | -105 | Sell |
| RSI | 61 | Buy |
| OBV | -1112 | Sell |
| VWAP | 77 | Sell |
| ADL | 0 | Sell |
| ROC | -12 | Sell |
| Force Index | 0 | Sell |
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
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 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 positive zone. This is a BUY 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 77.02 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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