(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 2022-11-18 View latest technical analysis
10 day averaged volume of Raj Oil is 5482
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 59.65 | 59.50 | 61.75 | 59.00 | 0.155 times |
| 17 Thu Nov 2022 | 60.20 | 60.50 | 63.00 | 60.15 | 0.708 times |
| 16 Wed Nov 2022 | 62.00 | 58.60 | 62.70 | 58.60 | 1.641 times |
| 15 Tue Nov 2022 | 59.75 | 57.90 | 59.75 | 56.90 | 2.703 times |
| 14 Mon Nov 2022 | 56.95 | 57.35 | 59.95 | 56.50 | 0.664 times |
| 11 Fri Nov 2022 | 57.35 | 57.50 | 60.00 | 56.85 | 0.79 times |
| 10 Thu Nov 2022 | 59.00 | 58.50 | 59.80 | 57.50 | 0.16 times |
| 09 Wed Nov 2022 | 58.60 | 58.35 | 60.00 | 56.90 | 1.192 times |
| 07 Mon Nov 2022 | 58.45 | 58.60 | 58.60 | 57.05 | 0.342 times |
| 04 Fri Nov 2022 | 57.80 | 58.95 | 58.95 | 57.05 | 0.071 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.6, but if it comes below 59.6, then a intra day sell could be more profitable.
If you take a sell trade below 59.6, then use 59.6 as stoploss and 58.28 as target. However if you take a buy trade in stock , then use 59.6 as stoploss and 61.2 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 | 59.80 |
| Upside 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 | 56.43 |
| Downside Intraday Target | 53.22 |
| Upside Intraday Target | 62.93 |
| Upside Intraday Target | 66.22 |
| Upside Intraday Target | 59.72 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Fri Nov 2022 | 59.65 | 57.35 | 63.00 | 56.50 | 2.364 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 |
| 18 Fri Nov 2022 | 59.65 | 56.15 | 63.00 | 55.15 | 2.339 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 | 16, 11, 15 | Buy |
| MACD | 0, -0 | Buy |
| Stochastics | 65 | None |
| CCI | 70 | Sell |
| RSI | 58 | Buy |
| OBV | 26660 | Sell |
| VWAP | 60 | Buy |
| ADL | 0 | Sell |
| ROC | 3 | 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 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.
ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is losing 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 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 tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY 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 59.53 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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