(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 2022-11-17 View latest technical analysis
10 day averaged volume of Raj Oil is 5458
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Nov 2022 | 60.20 | 60.50 | 63.00 | 60.15 | 0.711 times |
| 16 Wed Nov 2022 | 62.00 | 58.60 | 62.70 | 58.60 | 1.648 times |
| 15 Tue Nov 2022 | 59.75 | 57.90 | 59.75 | 56.90 | 2.715 times |
| 14 Mon Nov 2022 | 56.95 | 57.35 | 59.95 | 56.50 | 0.667 times |
| 11 Fri Nov 2022 | 57.35 | 57.50 | 60.00 | 56.85 | 0.794 times |
| 10 Thu Nov 2022 | 59.00 | 58.50 | 59.80 | 57.50 | 0.161 times |
| 09 Wed Nov 2022 | 58.60 | 58.35 | 60.00 | 56.90 | 1.197 times |
| 07 Mon Nov 2022 | 58.45 | 58.60 | 58.60 | 57.05 | 0.344 times |
| 04 Fri Nov 2022 | 57.80 | 58.95 | 58.95 | 57.05 | 0.071 times |
| 03 Thu Nov 2022 | 58.15 | 56.65 | 58.50 | 56.65 | 1.737 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.5, but if it comes below 59.5, then a intra day sell could be more profitable.
If you take a sell trade below 59.5, then use 59.5 as stoploss and 58.22 as target. However if you take a buy trade in stock , then use 59.5 as stoploss and 61.1 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Downside Target | 59.00 |
| Downside Target | 59.80 |
| Downside Target | 60.00 |
| Upside Target | 63.00 |
| Upside Target | 64.15 |
| Upside Target | 65.90 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 56.8 |
| Downside Intraday Target | 53.4 |
| Upside Intraday Target | 63.3 |
| Upside Intraday Target | 66.4 |
| Downside Intraday Target | 59.9 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Nov 2022 | 60.20 | 57.35 | 63.00 | 56.50 | 2.301 times |
| 11 Fri Nov 2022 | 57.35 | 58.60 | 60.00 | 56.85 | 0.777 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 |
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 |
| 17 Thu Nov 2022 | 60.20 | 56.15 | 63.00 | 55.15 | 2.306 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, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Raj Oil (RajOil)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 17, 8, 36 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 81 | Buy |
| CCI | 167 | Buy |
| RSI | 57 | Buy |
| OBV | 27732 | Sell |
| VWAP | 59 | Buy |
| ADL | 0 | Sell |
| ROC | 6 | Buy |
| Force Index | 0 | Sell |
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 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 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 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 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 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 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 59.29 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.
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