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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 2022-09-14 View latest technical analysis

10 day averaged volume of Raj Oil is 5403

Date Daily Closing Price Open High Low Volume
14 Wed Sep 2022 62.00 61.85 62.25 60.80 0.751 times
13 Tue Sep 2022 61.05 62.45 62.45 60.80 0.442 times
12 Mon Sep 2022 61.70 61.05 61.85 60.80 0.511 times
09 Fri Sep 2022 61.10 62.90 62.90 61.05 0.575 times
08 Thu Sep 2022 62.90 64.55 65.90 62.75 1.135 times
07 Wed Sep 2022 64.60 63.95 65.00 62.25 0.919 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 1.16 times
02 Fri Sep 2022 63.05 60.85 63.10 60.00 1.426 times
01 Thu Sep 2022 60.10 60.60 61.25 60.00 2.466 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 61.72 and if this stock hits its stoploss, then it can fall down till 60.62

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 61.05
Downside Intraday Target 60.1
Upside Intraday Target 62.7
Upside Intraday Target 63.4
Downside Intraday Target 61.75

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
14 Wed Sep 2022 62.00 61.05 62.45 60.80 0.421 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
14 Wed Sep 2022 62.00 60.60 65.90 60.00 0.865 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, 12, 28 Buy
MACD 0, 0Sell
Stochastics 29Sell
CCI -40Buy
RSI 53Buy
OBV -27573Sell
VWAP 62Sell
ADL 0Sell
ROC 3Buy
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 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 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

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 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 weakening, and bulls are picking up momentum!

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 buy signal for Raj Oil in short term but BUY signal is weak.

RSI is generating a BUY signal in short term but buying 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 62.01 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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