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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 2022-07-04 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, -3Buy
Stochastics 68None
CCI 100Buy
RSI 57Buy
OBV -2228Sell
VWAP 62Buy
ADL 0Sell
ROC 8Buy
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 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.

Click here for Raj Oil charts

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Daily charts

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Daily chart

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