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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 2022-01-07 View latest technical analysis

10 day averaged volume of Raj Oil is 4520

Date Daily Closing Price Open High Low Volume
07 Fri Jan 2022 75.75 75.40 76.60 74.45 2.823 times
06 Thu Jan 2022 74.30 73.30 74.90 72.00 1.694 times
05 Wed Jan 2022 75.15 74.05 76.00 73.50 0.404 times
04 Tue Jan 2022 74.00 77.45 79.95 73.00 2.699 times
03 Mon Jan 2022 76.20 76.30 78.70 74.30 0.331 times
31 Fri Dec 2021 76.30 73.50 78.90 73.50 0.755 times
30 Thu Dec 2021 76.90 75.50 78.00 73.00 1.451 times
29 Wed Dec 2021 75.05 74.80 75.80 72.65 1.067 times
28 Tue Dec 2021 72.65 75.45 75.50 72.20 0.808 times
27 Mon Dec 2021 73.15 74.75 76.15 73.05 0.161 times

Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, and stock might move down till 73.8 or till 70.3. Use a stoploss of 76.72 and if the stock hits stoploss, then it can shoot up till 79.66

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 71.85
Downside Intraday Target 67.95
Upside Intraday Target 79.8
Upside Intraday Target 83.85
Upside Intraday Target 75.9

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
07 Fri Jan 2022 75.75 76.30 79.95 72.00 1.875 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, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Raj Oil (RajOil)

Date Monthly Closing Price Open High Low Volume
07 Fri Jan 2022 75.75 76.30 79.95 72.00 0.394 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 16, 14, 5 Buy
MACD -3, -3Buy
Stochastics 38None
CCI 40Buy
RSI 62Buy
OBV -11218Sell
VWAP 75Buy
ADL 0Sell
ROC 2Buy
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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls are picking up momentum!

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 buy signal for Raj Oil in short term and BUY 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 75.02 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 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 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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