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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 2022-07-30 View latest technical analysis

10 day averaged volume of Raj Oil is 1335

Date Daily Closing Price Open High Low Volume
29 Fri Jul 2022 60.45 59.25 60.80 59.25 0.917 times
28 Thu Jul 2022 60.40 60.10 60.85 60.00 0.666 times
27 Wed Jul 2022 60.60 61.90 61.90 60.50 0.691 times
26 Tue Jul 2022 61.40 61.80 61.80 61.00 0.528 times
25 Mon Jul 2022 61.35 61.75 61.75 60.15 0.318 times
22 Fri Jul 2022 61.80 61.45 61.80 60.05 2.684 times
21 Thu Jul 2022 61.10 61.00 61.50 60.10 1.132 times
20 Wed Jul 2022 61.05 61.85 62.50 61.00 0.708 times
19 Tue Jul 2022 61.00 61.90 62.40 60.80 1.39 times
18 Mon Jul 2022 62.00 59.70 62.50 59.70 0.84 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 60.4 as stoploss in an intra day buy trade for a target of 61.37. However, stock will show a bearish move below 60.4.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.25
Upside Target 61.90
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 59.17
Downside Intraday Target 57.88
Upside Intraday Target 61.82
Upside Intraday Target 63.18
Upside Intraday Target 60.53

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
29 Fri Jul 2022 60.45 61.75 61.90 59.25 0.462 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
29 Fri Jul 2022 60.45 62.00 65.90 59.25 0.658 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 11, 18, 25 Sell
MACD -2, -2Buy
Stochastics 31None
CCI -172Sell
RSI 48Sell
OBV 5428Sell
VWAP 61Sell
ADL 0Sell
ROC 0Buy
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 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 BUY signal for Raj Oil in short term but the buy signal is initial and weak.

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 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 SELL signal for Raj Oil in short term and SELL 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 61.23 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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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