(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 2022-11-21 View latest technical analysis
10 day averaged volume of Raj Oil is 4618
| Date | Daily Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 59.85 | 58.00 | 59.95 | 57.85 | 0.983 times |
| 18 Fri Nov 2022 | 59.65 | 59.50 | 61.75 | 59.00 | 0.184 times |
| 17 Thu Nov 2022 | 60.20 | 60.50 | 63.00 | 60.15 | 0.84 times |
| 16 Wed Nov 2022 | 62.00 | 58.60 | 62.70 | 58.60 | 1.948 times |
| 15 Tue Nov 2022 | 59.75 | 57.90 | 59.75 | 56.90 | 3.209 times |
| 14 Mon Nov 2022 | 56.95 | 57.35 | 59.95 | 56.50 | 0.788 times |
| 11 Fri Nov 2022 | 57.35 | 57.50 | 60.00 | 56.85 | 0.938 times |
| 10 Thu Nov 2022 | 59.00 | 58.50 | 59.80 | 57.50 | 0.19 times |
| 09 Wed Nov 2022 | 58.60 | 58.35 | 60.00 | 56.90 | 1.414 times |
| 07 Mon Nov 2022 | 58.45 | 58.60 | 58.60 | 57.05 | 0.406 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 59.7, but if it comes below 59.7, then a intra day sell could be more profitable.
If you take a sell trade below 59.7, then use 59.7 as stoploss and 58.35 as target. However if you take a buy trade in stock , then use 59.7 as stoploss and 61.4 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 54.75 |
| Downside Target | 56.50 |
| Downside Target | 59.80 |
| Upside Target | 59.95 |
| 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 | 58.48 |
| Downside Intraday Target | 57.12 |
| Upside Intraday Target | 60.58 |
| Upside Intraday Target | 61.32 |
| Downside Intraday Target | 59.22 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 21 Mon Nov 2022 | 59.85 | 58.00 | 59.95 | 57.85 | 0.141 times |
| 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 |
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 |
| 21 Mon Nov 2022 | 59.85 | 56.15 | 63.00 | 55.15 | 2.513 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 | 14, 15, 3 | Sell |
| MACD | 0, 0 | Buy |
| Stochastics | 52 | None |
| CCI | 4 | Sell |
| RSI | 56 | Buy |
| OBV | 30322 | Sell |
| VWAP | 60 | Buy |
| ADL | 0 | Sell |
| ROC | 4 | Buy |
| Force Index | 0 | Sell |
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 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 moving up
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 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 59.57 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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