(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 2022-08-02 View latest technical analysis
10 day averaged volume of Raj Oil is 1468
|Date||Daily Closing Price||Open||High||Low||Volume|
|02 Tue Aug 2022||62.20||60.85||62.50||59.85||3.732 times|
|01 Mon Aug 2022||60.60||60.50||61.00||59.30||1.786 times|
|29 Fri Jul 2022||60.45||59.25||60.80||59.25||0.834 times|
|28 Thu Jul 2022||60.40||60.10||60.85||60.00||0.606 times|
|27 Wed Jul 2022||60.60||61.90||61.90||60.50||0.628 times|
|26 Tue Jul 2022||61.40||61.80||61.80||61.00||0.48 times|
|25 Mon Jul 2022||61.35||61.75||61.75||60.15||0.289 times|
|22 Fri Jul 2022||61.80||61.45||61.80||60.05||2.441 times|
|21 Thu Jul 2022||61.10||61.00||61.50||60.10||1.029 times|
|20 Wed Jul 2022||61.05||61.85||62.50||61.00||0.644 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 bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 61.8, but if it comes below 61.8, then a intra day sell could be more profitable.
If you take a sell trade below 61.8, then use 61.8 as stoploss and 61.14 as target. However if you take a buy trade in stock , then use 61.8 as stoploss and 62.5 as target.
Share price targets for Raj Oil (RajOil)
Intraday share price targets for Raj Oil (RajOil)
|Downside Intraday Target||60.17|
|Downside Intraday Target||58.13|
|Upside Intraday Target||63.37|
|Upside Intraday Target||64.53|
|Downside Intraday Target||61.33|
Weekly technical analysis of Raj Oil (RajOil)
|Date||Weekly Closing Price||Open||High||Low||Volume|
|02 Tue Aug 2022||62.20||60.50||62.50||59.30||1.945 times|
|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|
Price has moved up 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|
|02 Tue Aug 2022||62.20||60.50||62.50||59.30||0.291 times|
|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|
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||17, 14, 10||Buy|
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 losing 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 SELL signal in short term but selling 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 61.41 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 positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.