(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 4961
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Fri Jun 2023 | 38.64 | 36.10 | 38.64 | 36.00 | 3.765 times |
| 01 Thu Jun 2023 | 36.80 | 39.00 | 39.80 | 36.10 | 4.732 times |
| 31 Wed May 2023 | 38.00 | 38.58 | 39.79 | 37.50 | 0.433 times |
| 30 Tue May 2023 | 38.58 | 42.10 | 42.10 | 38.50 | 1.036 times |
| 29 Mon May 2023 | 40.45 | 39.84 | 41.00 | 39.39 | 0.59 times |
| 26 Fri May 2023 | 39.44 | 40.44 | 40.70 | 39.08 | 1.513 times |
| 25 Thu May 2023 | 41.13 | 42.25 | 42.26 | 40.84 | 0.167 times |
| 24 Wed May 2023 | 40.25 | 41.59 | 41.85 | 40.25 | 0.042 times |
| 23 Tue May 2023 | 41.06 | 40.00 | 42.00 | 39.36 | 0.858 times |
| 22 Mon May 2023 | 40.00 | 40.10 | 40.69 | 40.00 | 0.604 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 bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 39, but if it comes above 39, then a intra day buy could be more profitable.
If you take a sell trade below 39, then use 39 as stoploss and 37.3 as target. However if you take a buy trade in stock , then use 39 as stoploss and 40.46 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 33.90 |
| Downside Target | 36.00 |
| Downside Target | 37.36 |
| Upside Target | 39.08 |
| Upside Target | 42.10 |
| Upside Target | 42.99 |
| Upside Target | 43.00 |
| Upside Target | 44.48 |
| Upside Target | 45.10 |
| Upside Target | 45.70 |
| Upside Target | 64.75 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 35.73 |
| Downside Intraday Target | 32.81 |
| Upside Intraday Target | 41.83 |
| Upside Intraday Target | 45.01 |
| Upside Intraday Target | 38.91 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Fri Jun 2023 | 38.64 | 39.84 | 42.10 | 36.00 | 3.316 times |
| 26 Fri May 2023 | 39.44 | 40.10 | 42.26 | 39.08 | 2.107 times |
| 19 Fri May 2023 | 40.96 | 41.77 | 43.00 | 40.96 | 1.26 times |
| 12 Fri May 2023 | 41.70 | 41.25 | 42.99 | 40.65 | 0.931 times |
| 05 Fri May 2023 | 41.58 | 41.64 | 42.70 | 40.35 | 1.689 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 02 Fri Jun 2023 | 38.64 | 39.00 | 39.80 | 36.00 | 0.92 times |
| 31 Wed May 2023 | 38.00 | 41.64 | 43.00 | 37.50 | 0.811 times |
| 28 Fri Apr 2023 | 40.84 | 39.20 | 44.48 | 37.36 | 0.245 times |
| 31 Fri Mar 2023 | 38.65 | 43.00 | 45.70 | 33.90 | 4.03 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)
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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 38.39 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 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 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 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 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 SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
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 red color and prices are below the red 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 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 38.39 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 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.
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