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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 2022-01-19 View latest technical analysis

10 day averaged volume of Raj Oil is 6885

Date Daily Closing Price Open High Low Volume
19 Wed Jan 2022 75.40 77.80 79.25 74.90 1.537 times
18 Tue Jan 2022 78.80 84.00 84.00 77.15 1.094 times
17 Mon Jan 2022 80.10 84.80 84.80 79.65 0.463 times
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 1.802 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 0.757 times
07 Fri Jan 2022 75.75 75.40 76.60 74.45 1.853 times
06 Thu Jan 2022 74.30 73.30 74.90 72.00 1.112 times

My analysis of stock is bearish for shortterm, and stock might move down till 73.9 or till 70.9. Use a stoploss of 76.44 and if the stock hits stoploss, then it can shoot up till 78.97

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 64.20
Downside Target 70.20
Downside Target 74.10
Upside Target 78.90
Upside Target 79.95
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 71.93
Downside Intraday Target 68.47
Upside Intraday Target 81.83
Upside Intraday Target 88.27
Upside Intraday Target 78.37

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
19 Wed Jan 2022 75.40 84.80 84.80 74.90 0.594 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
19 Wed Jan 2022 75.40 76.30 84.90 72.00 1.022 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 21, 16, 13 Buy
MACD -0, -1Buy
Stochastics 47None
CCI -44Sell
RSI 60Buy
OBV -18534Sell
VWAP 78Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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.

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 coming down

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 negative zone. This is the SELL 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 77.76 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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 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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Daily charts

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Daily chart

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