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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 2022-01-18 View latest technical analysis

10 day averaged volume of Raj Oil is 7352

Date Daily Closing Price Open High Low Volume
18 Tue Jan 2022 78.80 84.00 84.00 77.15 1.024 times
17 Mon Jan 2022 80.10 84.80 84.80 79.65 0.434 times
14 Fri Jan 2022 81.40 81.80 82.65 80.20 0.872 times
13 Thu Jan 2022 79.95 84.90 84.90 78.30 0.69 times
12 Wed Jan 2022 81.20 77.40 81.20 77.40 1.687 times
11 Tue Jan 2022 77.35 75.10 79.10 74.50 0.921 times
10 Mon Jan 2022 75.35 76.00 76.90 74.10 0.709 times
07 Fri Jan 2022 75.75 75.40 76.60 74.45 1.735 times
06 Thu Jan 2022 74.30 73.30 74.90 72.00 1.042 times
05 Wed Jan 2022 75.15 74.05 76.00 73.50 0.248 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 79 as stoploss in an intra day sell trade for a target of 76.52. However, stock will show a bullish move above 79.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 64.20
Downside Target 70.20
Downside Target 74.10
Downside Target 77.15
Upside Target 78.90
Upside Target 84.80
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 75.7
Downside Intraday Target 72.6
Upside Intraday Target 83.35
Upside Intraday Target 87.9
Upside Intraday Target 80.25

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
18 Tue Jan 2022 78.80 84.80 84.80 77.15 0.299 times
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

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
18 Tue Jan 2022 78.80 76.30 84.90 72.00 0.906 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 23, 12, 30 Buy
MACD 0, -1Buy
Stochastics 63None
CCI 47Sell
RSI 64Buy
OBV -5345Sell
VWAP 78Buy
ADL 0Sell
ROC 6Buy
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 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 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.

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 and the buy signal is strong.

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 tired and bears are picking up momentum.

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 positive zone. This is a BUY zone

Stock of Raj Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 78.05 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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