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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 2022-01-14 View latest technical analysis

10 day averaged volume of Raj Oil is 6882

Date Daily Closing Price Open High Low Volume
14 Fri Jan 2022 81.40 81.80 82.65 80.20 0.932 times
13 Thu Jan 2022 79.95 84.90 84.90 78.30 0.737 times
12 Wed Jan 2022 81.20 77.40 81.20 77.40 1.803 times
11 Tue Jan 2022 77.35 75.10 79.10 74.50 0.984 times
10 Mon Jan 2022 75.35 76.00 76.90 74.10 0.758 times
07 Fri Jan 2022 75.75 75.40 76.60 74.45 1.854 times
06 Thu Jan 2022 74.30 73.30 74.90 72.00 1.113 times
05 Wed Jan 2022 75.15 74.05 76.00 73.50 0.265 times
04 Tue Jan 2022 74.00 77.45 79.95 73.00 1.773 times
03 Mon Jan 2022 76.20 76.30 78.70 74.30 0.218 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 81.4, for a target of 78.6 or 76.21

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
Upside Target 84.90
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 75.37
Downside Intraday Target 69.33
Upside Intraday Target 86.17
Upside Intraday Target 90.93
Downside Intraday Target 80.13

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
14 Fri Jan 2022 81.40 76.00 84.90 74.10 0.998 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
14 Fri Jan 2022 81.40 76.30 84.90 72.00 0.788 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 25, 9, 47 Buy
MACD -0, -1Buy
Stochastics 78Buy
CCI 130Buy
RSI 64Buy
OBV -1132Sell
VWAP 77Buy
ADL 0Sell
ROC 7Buy
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 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 mid to longer term time period is

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 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 77.16 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.

Click here for Raj Oil charts

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Daily charts

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Daily chart

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