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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 3635

Date Daily Closing Price Open High Low Volume
22 Mon Apr 2024 51.72 51.81 52.79 50.45 3.9 times
19 Fri Apr 2024 50.79 50.75 51.43 50.05 1.612 times
18 Thu Apr 2024 50.68 49.70 52.50 47.00 0.919 times
16 Tue Apr 2024 48.39 48.10 48.98 47.40 0.229 times
15 Mon Apr 2024 47.82 50.49 50.49 47.70 0.519 times
12 Fri Apr 2024 49.78 50.25 50.25 48.35 3.217 times
10 Wed Apr 2024 49.26 49.54 49.65 49.26 0.02 times
09 Tue Apr 2024 49.90 50.00 50.05 48.50 0.322 times
08 Mon Apr 2024 49.91 51.98 51.98 49.25 0.42 times
05 Fri Apr 2024 50.10 49.35 51.98 49.35 2.371 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 50.2, but if it comes below 50.2, then a intra day sell could be more profitable.
If you take a sell trade below 50.2, then use 50.2 as stoploss and 47.41 as target. However if you take a buy trade in stock , then use 50.2 as stoploss and 53.7 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 41.25
Downside Target 42.35
Downside Target 45.01
Downside Target 46.51
Downside Target 48.35
Downside Target 50.45
Upside Target 51.98
Upside Target 52.50
Upside Target 52.58
Upside Target 52.79
Upside Target 53.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 50.52
Downside Intraday Target 49.31
Upside Intraday Target 52.86
Upside Intraday Target 53.99
Downside Intraday Target 51.65

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
22 Mon Apr 2024 51.72 51.81 52.79 50.45 1.189 times
19 Fri Apr 2024 50.79 50.49 52.50 47.00 0.824 times
12 Fri Apr 2024 49.78 51.98 51.98 48.35 0.831 times
05 Fri Apr 2024 50.10 43.86 51.98 42.35 3.023 times
28 Thu Mar 2024 43.00 46.51 46.51 41.25 0.304 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
22 Mon Apr 2024 51.72 43.86 52.79 42.35 1.577 times
28 Thu Mar 2024 43.00 47.53 48.59 38.56 0.402 times
29 Thu Feb 2024 46.48 48.15 53.00 45.01 0.351 times
31 Wed Jan 2024 48.70 46.70 53.00 45.55 2.847 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Raj Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 50.48 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

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 BUY signal for Raj Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 50.48 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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