(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 2022-11-10 View latest technical analysis
10 day averaged volume of Raj Oil is 2938
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 59.00 | 58.50 | 59.80 | 57.50 | 0.299 times |
| 09 Wed Nov 2022 | 58.60 | 58.35 | 60.00 | 56.90 | 2.223 times |
| 07 Mon Nov 2022 | 58.45 | 58.60 | 58.60 | 57.05 | 0.638 times |
| 04 Fri Nov 2022 | 57.80 | 58.95 | 58.95 | 57.05 | 0.132 times |
| 03 Thu Nov 2022 | 58.15 | 56.65 | 58.50 | 56.65 | 3.227 times |
| 02 Wed Nov 2022 | 56.85 | 58.40 | 58.40 | 55.15 | 1.239 times |
| 01 Tue Nov 2022 | 57.00 | 56.15 | 57.50 | 56.15 | 0.608 times |
| 31 Mon Oct 2022 | 56.80 | 59.00 | 59.00 | 56.80 | 0.758 times |
| 28 Fri Oct 2022 | 57.50 | 58.00 | 58.50 | 57.50 | 0.258 times |
| 27 Thu Oct 2022 | 56.50 | 57.05 | 58.65 | 56.50 | 0.433 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 58.5, but if it comes below 58.5, then a intra day sell could be more profitable.
If you take a sell trade below 58.5, then use 58.5 as stoploss and 57.7 as target. However if you take a buy trade in stock , then use 58.5 as stoploss and 59.6 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Downside Target | 59.00 |
| Upside Target | 59.30 |
| Upside Target | 59.80 |
| Upside Target | 60.00 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 57.27 |
| Downside Intraday Target | 55.53 |
| Upside Intraday Target | 60.37 |
| Upside Intraday Target | 61.73 |
| Downside Intraday Target | 58.63 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Thu Nov 2022 | 59.00 | 58.60 | 60.00 | 56.90 | 0.53 times |
| 04 Fri Nov 2022 | 57.80 | 59.00 | 59.00 | 55.15 | 4.397 times |
| 28 Fri Oct 2022 | 57.50 | 57.05 | 59.80 | 56.50 | 0.846 times |
| 21 Fri Oct 2022 | 58.50 | 56.55 | 59.25 | 56.55 | 0.402 times |
| 14 Fri Oct 2022 | 55.90 | 57.00 | 59.00 | 54.75 | 3.374 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 |
| 10 Thu Nov 2022 | 59.00 | 56.15 | 60.00 | 55.15 | 0.941 times |
| 31 Mon Oct 2022 | 56.80 | 57.30 | 59.80 | 54.75 | 0.343 times |
| 30 Fri Sep 2022 | 57.45 | 60.60 | 65.90 | 57.30 | 1.263 times |
| 30 Tue Aug 2022 | 60.20 | 60.50 | 64.15 | 59.30 | 2.165 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 | 12, 11, 2 | Buy |
| MACD | -0, -1 | Buy |
| Stochastics | 74 | Buy |
| CCI | 140 | Buy |
| RSI | 54 | Buy |
| OBV | 9570 | Sell |
| VWAP | 58 | Buy |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 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 red color and prices are in or above the red 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 57.86 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 falling down
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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