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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)

10 day averaged volume of Raj Oil is 3376

Date Daily Closing Price Open High Low Volume
18 Thu Apr 2024 50.68 49.70 52.50 47.00 0.99 times
16 Tue Apr 2024 48.39 48.10 48.98 47.40 0.247 times
15 Mon Apr 2024 47.82 50.49 50.49 47.70 0.559 times
12 Fri Apr 2024 49.78 50.25 50.25 48.35 3.464 times
10 Wed Apr 2024 49.26 49.54 49.65 49.26 0.022 times
09 Tue Apr 2024 49.90 50.00 50.05 48.50 0.347 times
08 Mon Apr 2024 49.91 51.98 51.98 49.25 0.452 times
05 Fri Apr 2024 50.10 49.35 51.98 49.35 2.553 times
04 Thu Apr 2024 48.37 46.17 48.45 46.17 0.398 times
03 Wed Apr 2024 46.17 42.35 46.71 42.35 0.536 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.4, but if it comes below 49.4, then a intra day sell could be more profitable.
If you take a sell trade below 49.4, then use 49.4 as stoploss and 46.54 as target. However if you take a buy trade in stock , then use 49.4 as stoploss and 52.8 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 41.25
Downside Target 45.01
Downside Target 46.51
Downside Target 48.59
Upside Target 51.98
Upside Target 52.50
Upside Target 52.58
Upside Target 53.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 47.62
Downside Intraday Target 44.56
Upside Intraday Target 53.12
Upside Intraday Target 55.56
Downside Intraday Target 50.06

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
18 Thu Apr 2024 50.68 50.49 52.50 47.00 0.419 times
12 Fri Apr 2024 49.78 51.98 51.98 48.35 0.831 times
05 Fri Apr 2024 50.10 43.86 51.98 42.35 3.023 times
28 Thu Mar 2024 43.00 46.51 46.51 41.25 0.304 times
22 Fri Mar 2024 45.60 44.18 47.72 42.05 2.885 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
18 Thu Apr 2024 50.68 43.86 52.50 42.35 1.032 times
28 Thu Mar 2024 43.00 47.53 48.59 38.56 0.402 times
29 Thu Feb 2024 46.48 48.15 53.00 45.01 0.351 times
31 Wed Jan 2024 48.70 46.70 53.00 45.55 2.847 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)

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 short 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 49.56 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 short 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 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 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 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 stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 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 49.56 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

Click here for further forecast and predictions for tomorrow

Daily charts

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