Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2022-09-13 View latest technical analysis

10 day averaged volume of Raj Oil is 5415

Date Daily Closing Price Open High Low Volume
13 Tue Sep 2022 61.05 62.45 62.45 60.80 0.441 times
12 Mon Sep 2022 61.70 61.05 61.85 60.80 0.51 times
09 Fri Sep 2022 61.10 62.90 62.90 61.05 0.574 times
08 Thu Sep 2022 62.90 64.55 65.90 62.75 1.133 times
07 Wed Sep 2022 64.60 63.95 65.00 62.25 0.917 times
06 Tue Sep 2022 63.55 62.10 63.95 62.05 0.261 times
05 Mon Sep 2022 62.45 62.85 64.50 61.55 1.158 times
02 Fri Sep 2022 63.05 60.85 63.10 60.00 1.423 times
01 Thu Sep 2022 60.10 60.60 61.25 60.00 2.46 times
30 Tue Aug 2022 60.20 59.75 61.65 59.75 1.102 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 60.6 as stoploss in an intra day buy trade for a target of 61.67. However, stock will show a bearish move below 60.6.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 57.10
Downside Target 59.25
Upside Target 62.45
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 60.42
Downside Intraday Target 59.78
Upside Intraday Target 62.07
Upside Intraday Target 63.08
Upside Intraday Target 61.43

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
13 Tue Sep 2022 61.05 61.05 62.45 60.80 0.235 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 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
13 Tue Sep 2022 61.05 60.60 65.90 60.00 0.797 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 22, 12, 30 Buy
MACD 0, 0Sell
Stochastics 25Sell
CCI -45Sell
RSI 54Buy
OBV -30263Sell
VWAP 62Sell
ADL 0Sell
ROC 0Buy
Force Index 0Sell

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 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 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 gaining momentum.

MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.

Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 coming down

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 and the buying is gaining 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 61.81 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart

Daily analysis, news, Munafa stocks list in email:

Back to top | Use Dark Theme