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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)

Showing technical analysis as on 2022-11-25 View latest technical analysis

10 day averaged volume of Raj Oil is 5822

Date Daily Closing Price Open High Low Volume
25 Fri Nov 2022 58.70 58.45 60.00 57.05 0.262 times
24 Thu Nov 2022 58.90 59.85 61.00 58.35 0.896 times
23 Wed Nov 2022 61.40 60.30 62.00 59.75 1.042 times
22 Tue Nov 2022 59.35 58.10 61.90 58.10 1.011 times
21 Mon Nov 2022 59.85 58.00 59.95 57.85 0.78 times
18 Fri Nov 2022 59.65 59.50 61.75 59.00 0.146 times
17 Thu Nov 2022 60.20 60.50 63.00 60.15 0.667 times
16 Wed Nov 2022 62.00 58.60 62.70 58.60 1.545 times
15 Tue Nov 2022 59.75 57.90 59.75 56.90 2.545 times
14 Mon Nov 2022 56.95 57.35 59.95 56.50 0.625 times

My analysis of stock is bearish for shortterm, and stock might move down till 57.3 or till 55.5. Use a stoploss of 58.71 and if the stock hits stoploss, then it can shoot up till 60.15

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 54.75
Downside Target 56.50
Upside Target 59.00
Upside Target 59.80
Upside Target 60.00
Upside Target 62.00
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 56.5
Downside Intraday Target 54.3
Upside Intraday Target 61.45
Upside Intraday Target 64.2
Upside Intraday Target 59.25

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
25 Fri Nov 2022 58.70 58.00 62.00 57.05 0.722 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 down 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
25 Fri Nov 2022 58.70 56.15 63.00 55.15 3.228 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, 19, 13 Sell
MACD 0, 0Buy
Stochastics 49None
CCI -79Sell
RSI 56Buy
OBV 22873Sell
VWAP 60Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

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

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. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

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

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 60 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 positive

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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