(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 2022-07-04 View latest technical analysis
10 day averaged volume of Raj Oil is 2107
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Mon Jul 2022 | 64.40 | 60.75 | 65.90 | 60.75 | 0.957 times |
| 01 Fri Jul 2022 | 62.90 | 62.00 | 63.50 | 60.25 | 1.575 times |
| 30 Thu Jun 2022 | 61.80 | 63.40 | 63.40 | 59.65 | 0.453 times |
| 29 Wed Jun 2022 | 62.40 | 64.50 | 65.85 | 61.40 | 0.81 times |
| 28 Tue Jun 2022 | 64.50 | 63.95 | 64.50 | 61.25 | 1.419 times |
| 27 Mon Jun 2022 | 62.10 | 60.85 | 62.10 | 60.85 | 2.107 times |
| 24 Fri Jun 2022 | 59.15 | 60.15 | 61.80 | 59.00 | 0.701 times |
| 23 Thu Jun 2022 | 60.05 | 60.20 | 60.75 | 59.00 | 0.682 times |
| 22 Wed Jun 2022 | 59.40 | 58.80 | 60.25 | 58.05 | 0.141 times |
| 21 Tue Jun 2022 | 58.80 | 59.00 | 59.45 | 57.10 | 1.129 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 63.4, but if it comes below 63.4, then a intra day sell could be more profitable.
If you take a sell trade below 63.4, then use 63.4 as stoploss and 61.71 as target. However if you take a buy trade in stock , then use 63.4 as stoploss and 65.3 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 57.10 |
| Downside Target | 59.40 |
| Downside Target | 63.95 |
| Upside Target | 65.85 |
| Upside Target | 65.90 |
| Upside Target | 67.45 |
| 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 | 61.47 |
| Downside Intraday Target | 58.53 |
| Upside Intraday Target | 66.62 |
| Upside Intraday Target | 68.83 |
| Downside Intraday Target | 63.68 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Mon Jul 2022 | 64.40 | 60.75 | 65.90 | 60.75 | 0.15 times |
| 01 Fri Jul 2022 | 62.90 | 60.85 | 65.85 | 59.65 | 1.751 times |
| 24 Fri Jun 2022 | 59.15 | 59.50 | 61.80 | 57.10 | 0.704 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 |
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 |
| 04 Mon Jul 2022 | 64.40 | 62.00 | 65.90 | 60.25 | 0.126 times |
| 30 Thu Jun 2022 | 61.80 | 65.15 | 67.45 | 57.10 | 0.278 times |
| 31 Tue May 2022 | 64.35 | 84.90 | 86.00 | 62.50 | 0.343 times |
| 29 Fri Apr 2022 | 82.75 | 65.20 | 95.55 | 65.00 | 1.212 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, 14, 27 | Buy |
| MACD | -2, -3 | Buy |
| Stochastics | 68 | None |
| CCI | 100 | Buy |
| RSI | 57 | Buy |
| OBV | -2228 | Sell |
| VWAP | 62 | Buy |
| ADL | 0 | Sell |
| ROC | 8 | Buy |
| Force Index | 0 | Sell |
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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 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 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 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 negative zone. This is the SELL zone
Although the stock is in the SELL zone, but selling 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 62.04 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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