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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 2022-06-21 View latest technical analysis

10 day averaged volume of Raj Oil is 1653

Date Daily Closing Price Open High Low Volume
21 Tue Jun 2022 58.80 59.00 59.45 57.10 1.439 times
20 Mon Jun 2022 59.65 59.50 60.85 58.20 1.251 times
17 Fri Jun 2022 60.85 61.40 61.40 60.60 0.963 times
16 Thu Jun 2022 60.50 63.00 63.65 60.20 2.703 times
15 Wed Jun 2022 62.40 62.90 63.95 61.30 0.398 times
14 Tue Jun 2022 61.75 60.80 62.50 60.60 1.465 times
13 Mon Jun 2022 61.50 62.95 63.00 60.90 1.053 times
10 Fri Jun 2022 62.35 63.00 64.00 62.10 0.943 times
09 Thu Jun 2022 63.00 62.95 64.90 62.60 0.596 times
08 Wed Jun 2022 63.25 64.25 64.25 63.20 0.09 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 58.8, for a target of 61 or 62.9

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Upside Target 59.40
Upside Target 62.10
Upside Target 66.00
Upside Target 67.45
Upside Target 70.50
Upside Target 75.00
Upside Target 86.00
Upside Target 93.15
Upside Target 95.55

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 56.98
Downside Intraday Target 55.17
Upside Intraday Target 60.73
Upside Intraday Target 62.67
Upside Intraday Target 58.92

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
21 Tue Jun 2022 58.80 59.50 60.85 57.10 0.409 times
17 Fri Jun 2022 60.85 62.95 63.95 60.20 1.647 times
10 Fri Jun 2022 62.35 67.45 67.45 62.10 0.675 times
03 Fri Jun 2022 64.75 66.00 66.00 63.50 0.29 times
27 Fri May 2022 63.85 68.00 70.50 62.50 1.506 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
21 Tue Jun 2022 58.80 65.15 67.45 57.10 0.206 times
31 Tue May 2022 64.35 84.90 86.00 62.50 0.318 times
29 Fri Apr 2022 82.75 65.20 95.55 65.00 1.212 times
31 Thu Mar 2022 65.25 60.00 93.15 59.40 3.668 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 13, 32, 42 Sell
MACD -5, -4Sell
Stochastics 17Sell
CCI -174Sell
RSI 57Buy
OBV -37892Sell
VWAP 61Sell
ADL 0Sell
ROC -7Sell
Force Index 0Sell

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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.

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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.

Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below 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 and the buying is gaining 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 60.86 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 has given negative returns over a short term period. Returns for a longer term period have been negative.

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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