(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 1000
|Date||Daily Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||56.00||54.10||56.85||54.10||4.424 times|
|02 Thu Feb 2023||55.85||54.35||55.90||53.75||0.882 times|
|01 Wed Feb 2023||56.55||56.60||56.70||54.30||0.696 times|
|31 Tue Jan 2023||56.10||54.00||56.75||54.00||1.986 times|
|30 Mon Jan 2023||56.75||57.00||57.00||54.20||1.123 times|
|27 Fri Jan 2023||56.20||57.00||57.00||55.10||0.681 times|
|25 Wed Jan 2023||57.75||56.15||57.80||56.15||1.195 times|
|24 Tue Jan 2023||56.40||56.30||57.90||56.00||0.974 times|
|23 Mon Jan 2023||56.85||57.05||58.00||56.25||0.936 times|
|20 Fri Jan 2023||58.50||58.75||58.75||57.05||1.45 times|
Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 56.3, but if it comes above 56.3, then a intra day buy could be more profitable.
If you take a sell trade below 56.3, then use 56.3 as stoploss and 55.1 as target. However if you take a buy trade in stock , then use 56.3 as stoploss and 57.32 as target.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||54.17|
|Downside Intraday Target||52.33|
|Upside Intraday Target||57.42|
|Upside Intraday Target||58.83|
|Downside Intraday Target||55.58|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||56.00||57.00||57.00||53.75||2.406 times|
|27 Fri Jan 2023||56.20||57.05||58.00||55.10||0.626 times|
|20 Fri Jan 2023||58.50||57.90||59.20||56.00||0.21 times|
|13 Fri Jan 2023||56.85||58.00||60.40||56.30||8.3 times|
|06 Fri Jan 2023||58.25||60.45||61.95||58.15||0.155 times|
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
|Date||Monthly Closing Price||Open||High||Low||Volume|
|03 Fri Feb 2023||56.00||56.60||56.85||53.75||0.133 times|
|31 Tue Jan 2023||56.10||60.45||61.95||54.00||0.43 times|
|30 Fri Dec 2022||60.45||59.95||64.15||56.75||1.143 times|
|30 Wed Nov 2022||58.30||56.15||63.00||55.15||3.529 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||10, 14, 16||Sell|
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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
RSI is generating a SELL signal in short term and selling is picking up momentum.
MRSI is in positive zone. This is a BUY 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 56.58 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.