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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 2023-03-21 View latest technical analysis

10 day averaged volume of Raj Oil is 12255

Date Daily Closing Price Open High Low Volume
21 Tue Mar 2023 37.80 37.80 37.80 36.70 2.682 times
20 Mon Mar 2023 36.00 33.90 36.45 33.90 1.664 times
17 Fri Mar 2023 34.72 35.51 35.55 34.17 2.989 times
16 Thu Mar 2023 35.96 35.76 36.64 35.25 0.538 times
15 Wed Mar 2023 36.49 36.98 37.25 34.11 0.783 times
14 Tue Mar 2023 35.86 36.76 36.81 35.86 0.229 times
13 Mon Mar 2023 37.74 39.80 39.80 37.74 0.526 times
10 Fri Mar 2023 39.72 38.51 40.74 38.51 0.147 times
09 Thu Mar 2023 40.01 38.98 40.85 38.01 1.01 times
08 Wed Mar 2023 38.91 38.50 38.98 37.00 0.786 times

Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 34.8 as stoploss in an intra day buy trade for a target of 42.05. However, stock will show a bearish move below 34.8.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 33.90
Downside Target 36.75
Downside Target 37.80
Upside Target 38.68
Upside Target 39.80
Upside Target 40.85
Upside Target 43.00
Upside Target 45.10
Upside Target 47.45
Upside Target 54.00
Upside Target 55.15
Upside Target 56.75
Upside Target 61.95
Upside Target 63.00
Upside Target 64.15
Upside Target 64.75

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 35.2
Downside Intraday Target 32.6
Upside Intraday Target 39.1
Upside Intraday Target 40.4
Downside Intraday Target 36.5

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
21 Tue Mar 2023 37.80 33.90 37.80 33.90 0.858 times
17 Fri Mar 2023 34.72 39.80 39.80 34.11 1.549 times
10 Fri Mar 2023 39.72 36.75 40.85 36.75 2.059 times
03 Fri Mar 2023 38.68 45.10 45.10 38.68 5.129 times
20 Mon Feb 2023 47.45 47.45 47.45 47.45 0.553 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 Tue Mar 2023 37.80 43.00 43.00 33.90 3.052 times
27 Mon Feb 2023 45.10 56.60 64.75 45.10 1.266 times
31 Tue Jan 2023 56.10 60.45 61.95 54.00 0.43 times
30 Fri Dec 2022 60.45 59.95 64.15 56.75 1.143 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 Strong and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 36.8 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raj Oil ( (RajOil) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 Strong and stock is losing momentum.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 36.8 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 negative.

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

Click here for further forecast and predictions for tomorrow

Daily charts

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