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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 2022-09-12 View latest technical analysis

10 day averaged volume of Raj Oil is 5517

Date Daily Closing Price Open High Low Volume
12 Mon Sep 2022 61.70 61.05 61.85 60.80 0.5 times
09 Fri Sep 2022 61.10 62.90 62.90 61.05 0.563 times
08 Thu Sep 2022 62.90 64.55 65.90 62.75 1.112 times
07 Wed Sep 2022 64.60 63.95 65.00 62.25 0.9 times
06 Tue Sep 2022 63.55 62.10 63.95 62.05 0.256 times
05 Mon Sep 2022 62.45 62.85 64.50 61.55 1.136 times
02 Fri Sep 2022 63.05 60.85 63.10 60.00 1.397 times
01 Thu Sep 2022 60.10 60.60 61.25 60.00 2.415 times
30 Tue Aug 2022 60.20 59.75 61.65 59.75 1.082 times
29 Mon Aug 2022 60.95 61.75 61.75 60.10 0.454 times

My analysis of stock is bullish for shortterm, and stock might move up till 62.8 or till 64.1. Use a stoploss of 61.69 and if this stock hits its stoploss, then it can fall down till 60.59

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.25
Upside Target 63.10
Upside Target 63.25
Upside Target 64.15
Upside Target 65.90
Upside Target 67.45
Upside Target 86.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 61.05
Downside Intraday Target 60.4
Upside Intraday Target 62.1
Upside Intraday Target 62.5
Downside Intraday Target 61.45

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
12 Mon Sep 2022 61.70 61.05 61.85 60.80 0.126 times
09 Fri Sep 2022 61.10 62.85 65.90 61.05 0.742 times
02 Fri Sep 2022 63.05 61.75 63.10 59.75 2.013 times
26 Fri Aug 2022 61.55 60.50 63.25 60.25 1.24 times
19 Fri Aug 2022 61.85 60.55 64.15 60.15 0.955 times

Price has moved up 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
12 Mon Sep 2022 61.70 60.60 65.90 60.00 0.758 times
30 Tue Aug 2022 60.20 60.50 64.15 59.30 2.165 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

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 21, 13, 22 Buy
MACD 0, 0Buy
Stochastics 35None
CCI -39Sell
RSI 53Buy
OBV -22893Sell
VWAP 62Sell
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 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

Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is

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 BUY signal for Raj Oil in short term and the buy 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 green color and prices are in or below the green 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 BUY signal in short term but buying is losing 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 61.8 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 positive

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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Daily chart

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