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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 4915

Date Daily Closing Price Open High Low Volume
19 Wed Jun 2024 54.10 54.40 55.42 53.65 0.51 times
18 Tue Jun 2024 55.55 53.01 55.67 51.00 4.979 times
14 Fri Jun 2024 53.24 55.25 55.25 53.20 1.165 times
13 Thu Jun 2024 53.24 55.25 55.25 53.20 1.165 times
12 Wed Jun 2024 55.25 53.13 56.00 53.13 0.455 times
11 Tue Jun 2024 54.21 55.50 55.50 53.90 0.595 times
10 Mon Jun 2024 54.75 53.83 54.88 52.65 0.238 times
07 Fri Jun 2024 53.84 50.23 53.84 50.23 0.587 times
06 Thu Jun 2024 51.28 50.00 52.39 50.00 0.156 times
05 Wed Jun 2024 50.00 51.90 53.60 50.00 0.272 times

My analysis of stock is bearish for shortterm, and stock might move down till 52.5 or till 50.1. Use a stoploss of 54.53 and if the stock hits stoploss, then it can shoot up till 56.56

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 42.35
Downside Target 45.01
Downside Target 48.59
Downside Target 50.00
Downside Target 51.00
Upside Target 55.67
Upside Target 57.13
Upside Target 57.50
Upside Target 60.85
Upside Target 71.00
Upside Target 82.91

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 51.51
Downside Intraday Target 48.92
Upside Intraday Target 56.18
Upside Intraday Target 58.26
Downside Intraday Target 53.59

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
19 Wed Jun 2024 54.10 53.01 55.67 51.00 1.517 times
14 Fri Jun 2024 53.24 53.83 56.00 52.65 2.028 times
07 Fri Jun 2024 53.84 56.10 57.50 50.00 0.27 times
31 Fri May 2024 55.00 56.50 60.85 53.05 1.608 times
24 Fri May 2024 56.50 56.43 57.13 51.69 0.538 times

Price has moved up 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
19 Wed Jun 2024 54.10 56.10 57.50 50.00 0.402 times
31 Fri May 2024 55.00 71.00 71.00 51.65 0.363 times
30 Tue Apr 2024 70.97 43.86 82.91 42.35 9.967 times
28 Thu Mar 2024 43.00 47.53 48.59 38.56 0.402 times

Scroll below to view daily charts

Price has moved down 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 54.52 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.

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

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

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. Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

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 and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 54.52 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 negative.

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

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Daily charts

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