Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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)

10 day averaged volume of Raj Oil is 1958

Date	Daily Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	45.05	43.00	45.30	43.00	1.686 times
28 Thu Sep 2023	44.47	44.21	45.49	44.00	0.8 times
27 Wed Sep 2023	44.84	43.85	45.40	43.85	1.878 times
26 Tue Sep 2023	44.74	44.96	45.59	43.80	0.276 times
25 Mon Sep 2023	44.61	45.11	45.11	44.61	0.444 times
22 Fri Sep 2023	45.07	45.24	45.29	44.00	0.472 times
21 Thu Sep 2023	45.59	44.50	46.00	44.50	0.693 times
20 Wed Sep 2023	44.69	44.85	45.80	44.00	1.077 times
18 Mon Sep 2023	43.66	43.40	44.99	42.50	1.372 times
15 Fri Sep 2023	44.30	44.94	45.50	44.00	1.247 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 45.2 as stoploss in an intra day sell trade for a target of 44.6. However, stock will show a bullish move above 45.2.

Share price targets for Raj Oil (RajOil)

Target Type	Value
Downside Target	36.00
Downside Target	37.10
Downside Target	39.37
Downside Target	41.50
Downside Target	44.62
Upside Target	45.59
Upside Target	46.00
Upside Target	47.43
Upside Target	48.37
Upside Target	50.50
Upside Target	56.42

Intraday share price targets for Raj Oil (RajOil)

Target Type	Value
Downside Intraday Target	43.5
Downside Intraday Target	41.96
Upside Intraday Target	46.09
Upside Intraday Target	47.14
Downside Intraday Target	44.55

Weekly technical analysis of Raj Oil (RajOil)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Fri Sep 2023	45.05	45.11	45.59	43.00	1.407 times
22 Fri Sep 2023	45.07	43.40	46.00	42.50	0.594 times
15 Fri Sep 2023	44.30	45.50	45.59	43.00	0.319 times
08 Fri Sep 2023	44.12	46.00	47.43	43.02	1.213 times
01 Fri Sep 2023	44.62	42.44	44.62	41.50	1.552 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
29 Fri Sep 2023	45.05	42.50	47.43	41.70	0.353 times
31 Thu Aug 2023	42.50	50.35	50.50	39.37	1.089 times
31 Mon Jul 2023	52.12	41.10	56.42	37.10	1.915 times
30 Fri Jun 2023	41.10	39.00	48.37	36.00	2.587 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)

Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 mid to longer 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.

ADX buy sell signal for Raj Oil stock for short term is SELL. 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 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 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 SELL signal for Raj Oil in short term and SELL 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 44.65 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.