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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 2022-07-26 View latest technical analysis

10 day averaged volume of Raj Oil is 1339

Date Daily Closing Price Open High Low Volume
26 Tue Jul 2022 61.40 61.80 61.80 61.00 0.527 times
25 Mon Jul 2022 61.35 61.75 61.75 60.15 0.317 times
22 Fri Jul 2022 61.80 61.45 61.80 60.05 2.676 times
21 Thu Jul 2022 61.10 61.00 61.50 60.10 1.128 times
20 Wed Jul 2022 61.05 61.85 62.50 61.00 0.706 times
19 Tue Jul 2022 61.00 61.90 62.40 60.80 1.385 times
18 Mon Jul 2022 62.00 59.70 62.50 59.70 0.838 times
14 Thu Jul 2022 60.35 61.25 62.00 60.10 1.043 times
13 Wed Jul 2022 61.20 61.75 61.75 60.30 0.294 times
12 Tue Jul 2022 60.70 60.05 61.95 60.05 0.515 times

My analysis of stock is bearish for shortterm, and stock might move down till 60.6 or till 59.3. Use a stoploss of 61.73 and if the stock hits stoploss, then it can shoot up till 62.85

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.40
Upside Target 61.80
Upside Target 65.00
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 60.43
Downside Intraday Target 59.47
Upside Intraday Target 62.08
Upside Intraday Target 62.77
Downside Intraday Target 61.12

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
26 Tue Jul 2022 61.40 61.75 61.80 60.15 0.125 times
22 Fri Jul 2022 61.80 59.70 62.50 59.70 2.285 times
14 Thu Jul 2022 60.35 61.95 62.00 59.80 0.533 times
08 Fri Jul 2022 61.05 60.75 65.90 60.50 0.552 times
01 Fri Jul 2022 62.90 60.85 65.85 59.65 1.751 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
26 Tue Jul 2022 61.40 62.00 65.90 59.70 0.586 times
30 Thu Jun 2022 61.80 65.15 67.45 57.10 0.301 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

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, 11, 9 Buy
MACD -1, -2Buy
Stochastics 65None
CCI 71Buy
RSI 47Sell
OBV 11738Sell
VWAP 61Buy
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 Weak 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 below 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 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 61.28 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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Daily charts

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