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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)

10 day averaged volume of Raj Oil is 3674

Date Daily Closing Price Open High Low Volume
23 Fri Feb 2024 47.63 48.79 49.00 47.06 1.405 times
22 Thu Feb 2024 48.24 53.00 53.00 45.01 0.239 times
21 Wed Feb 2024 48.37 46.85 49.03 46.85 1.76 times
20 Tue Feb 2024 47.81 47.67 47.83 47.67 0.032 times
19 Mon Feb 2024 47.67 48.44 48.49 47.65 0.535 times
16 Fri Feb 2024 48.57 48.34 48.93 47.40 0.664 times
15 Thu Feb 2024 47.39 47.56 48.29 47.25 2.152 times
14 Wed Feb 2024 47.85 46.75 48.25 46.75 0.699 times
13 Tue Feb 2024 47.70 51.50 51.50 45.85 1.931 times
12 Mon Feb 2024 47.33 49.98 49.98 47.15 1.596 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 47.7, but if it comes above 47.7, then a intra day buy could be more profitable.
If you take a sell trade below 47.7, then use 47.7 as stoploss and 47 as target. However if you take a buy trade in stock , then use 47.7 as stoploss and 48.3 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 42.52
Downside Target 45.01
Upside Target 47.80
Upside Target 50.20
Upside Target 51.05
Upside Target 51.50
Upside Target 52.10
Upside Target 52.58
Upside Target 53.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 44.09
Downside Intraday Target 40.56
Upside Intraday Target 52.08
Upside Intraday Target 56.54
Upside Intraday Target 48.55

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
23 Fri Feb 2024 47.63 48.44 53.00 45.01 0.564 times
16 Fri Feb 2024 48.57 49.98 51.50 45.85 1.279 times
09 Fri Feb 2024 48.05 48.17 50.20 47.80 0.839 times
02 Fri Feb 2024 49.15 50.50 51.05 48.15 0.814 times
25 Thu Jan 2024 49.93 48.93 53.00 47.91 1.075 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
23 Fri Feb 2024 47.63 48.15 53.00 45.01 0.26 times
31 Wed Jan 2024 48.70 46.70 53.00 45.55 2.847 times
29 Fri Dec 2023 47.43 52.58 52.58 45.25 1.418 times
30 Thu Nov 2023 50.08 46.19 52.10 45.01 1.001 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)

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 47.76 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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 short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 BUY. Signal strength is Strong 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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 47.76 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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