(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 2022-01-12 View latest technical analysis
10 day averaged volume of Raj Oil is 6272
| Date | Daily Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 81.20 | 77.40 | 81.20 | 77.40 | 1.978 times |
| 11 Tue Jan 2022 | 77.35 | 75.10 | 79.10 | 74.50 | 1.08 times |
| 10 Mon Jan 2022 | 75.35 | 76.00 | 76.90 | 74.10 | 0.831 times |
| 07 Fri Jan 2022 | 75.75 | 75.40 | 76.60 | 74.45 | 2.034 times |
| 06 Thu Jan 2022 | 74.30 | 73.30 | 74.90 | 72.00 | 1.221 times |
| 05 Wed Jan 2022 | 75.15 | 74.05 | 76.00 | 73.50 | 0.291 times |
| 04 Tue Jan 2022 | 74.00 | 77.45 | 79.95 | 73.00 | 1.945 times |
| 03 Mon Jan 2022 | 76.20 | 76.30 | 78.70 | 74.30 | 0.239 times |
| 31 Fri Dec 2021 | 76.30 | 73.50 | 78.90 | 73.50 | 0.544 times |
| 30 Thu Dec 2021 | 76.90 | 75.50 | 78.00 | 73.00 | 1.046 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 80.6, for a target of 78.1 or 76.05
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 64.20 |
| Downside Target | 70.20 |
| Downside Target | 74.10 |
| Downside Target | 76.50 |
| Downside Target | 78.90 |
| Downside Target | 81.20 |
| 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 | 76.47 |
| Downside Intraday Target | 71.73 |
| Upside Intraday Target | 83.57 |
| Upside Intraday Target | 85.93 |
| Downside Intraday Target | 78.83 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 12 Wed Jan 2022 | 81.20 | 76.00 | 81.20 | 74.10 | 0.679 times |
| 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 |
Price has moved up 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 |
| 12 Wed Jan 2022 | 81.20 | 76.30 | 81.20 | 72.00 | 0.662 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 up 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 | 22, 12, 31 | Buy |
| MACD | -1, -2 | Buy |
| Stochastics | 70 | None |
| CCI | 246 | Buy |
| RSI | 65 | Buy |
| OBV | -11248 | Sell |
| VWAP | 77 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 Strong and stock is gaining 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. Bulls 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 buy signal for Raj Oil in short term and BUY 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 76.5 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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