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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 2022-01-05 View latest technical analysis

10 day averaged volume of Raj Oil is 4223

Date Daily Closing Price Open High Low Volume
05 Wed Jan 2022 75.15 74.05 76.00 73.50 0.432 times
04 Tue Jan 2022 74.00 77.45 79.95 73.00 2.889 times
03 Mon Jan 2022 76.20 76.30 78.70 74.30 0.355 times
31 Fri Dec 2021 76.30 73.50 78.90 73.50 0.808 times
30 Thu Dec 2021 76.90 75.50 78.00 73.00 1.553 times
29 Wed Dec 2021 75.05 74.80 75.80 72.65 1.142 times
28 Tue Dec 2021 72.65 75.45 75.50 72.20 0.865 times
27 Mon Dec 2021 73.15 74.75 76.15 73.05 0.172 times
24 Fri Dec 2021 74.05 74.00 76.75 72.10 0.674 times
23 Thu Dec 2021 75.80 74.50 79.45 74.50 0.409 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 74.1 as stoploss in an intra day buy trade for a target of 77.03. However, stock will show a bearish move below 74.1.

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 72.12
Downside Intraday Target 69.08
Upside Intraday Target 79.07
Upside Intraday Target 82.98
Upside Intraday Target 76.03

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
05 Wed Jan 2022 75.15 76.30 79.95 73.00 0.81 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
05 Wed Jan 2022 75.15 76.30 79.95 73.00 0.17 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 13, 13, 2 Buy
MACD -3, -3Buy
Stochastics 40None
CCI -23Sell
RSI 62Buy
OBV -12624Sell
VWAP 75Buy
ADL 0Sell
ROC -2Sell
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 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.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 74.89 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. 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

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Daily charts

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Daily chart

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