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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 2022-01-04 View latest technical analysis

10 day averaged volume of Raj Oil is 3264

Date Daily Closing Price Open High Low Volume
04 Tue Jan 2022 74.00 77.45 79.95 73.00 3.737 times
03 Mon Jan 2022 76.20 76.30 78.70 74.30 0.459 times
31 Fri Dec 2021 76.30 73.50 78.90 73.50 1.045 times
30 Thu Dec 2021 76.90 75.50 78.00 73.00 2.009 times
29 Wed Dec 2021 75.05 74.80 75.80 72.65 1.477 times
28 Tue Dec 2021 72.65 75.45 75.50 72.20 1.119 times
27 Mon Dec 2021 73.15 74.75 76.15 73.05 0.223 times
24 Fri Dec 2021 74.05 74.00 76.75 72.10 0.872 times
23 Thu Dec 2021 75.80 74.50 79.45 74.50 0.53 times
22 Wed Dec 2021 77.00 79.80 79.80 74.10 1.465 times

Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 74.1, but if it comes above 74.1, then a intra day buy could be more profitable.
If you take a sell trade below 74.1, then use 74.1 as stoploss and 70.6 as target. However if you take a buy trade in stock , then use 74.1 as stoploss and 77.03 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 64.20
Downside Target 70.20
Upside Target 76.50
Upside Target 78.90
Upside Target 79.95
Upside Target 80.40
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 71.35
Downside Intraday Target 68.7
Upside Intraday Target 78.3
Upside Intraday Target 82.6
Upside Intraday Target 75.65

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
04 Tue Jan 2022 74.00 76.30 79.95 73.00 0.714 times
31 Fri Dec 2021 76.30 74.75 78.90 72.20 1.287 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

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
04 Tue Jan 2022 74.00 76.30 79.95 73.00 0.15 times
31 Fri Dec 2021 76.30 71.25 86.80 71.25 0.851 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

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, 14, 2 Buy
MACD -3, -3Buy
Stochastics 47None
CCI 15Sell
RSI 63Buy
OBV -9291Sell
VWAP 75Sell
ADL 0Sell
ROC -5Sell
Force Index 0Sell

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 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 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 BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term but the buy 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 but SELL signal is weak.

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 75.12 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart

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