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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)

10 day averaged volume of Raj Oil is 2790

Date Daily Closing Price Open High Low Volume
06 Wed Dec 2023 50.00 50.10 50.10 49.05 0.85 times
05 Tue Dec 2023 49.92 49.40 50.38 48.35 0.383 times
04 Mon Dec 2023 49.40 51.05 51.05 49.19 1.22 times
01 Fri Dec 2023 49.89 52.58 52.58 49.01 1.291 times
30 Thu Nov 2023 50.08 49.98 52.10 49.50 0.972 times
29 Wed Nov 2023 51.29 49.22 51.37 49.12 1.47 times
28 Tue Nov 2023 48.93 49.40 50.20 48.50 0.632 times
24 Fri Nov 2023 48.80 51.69 51.69 48.01 1.691 times
23 Thu Nov 2023 49.30 49.50 50.53 48.61 1.387 times
22 Wed Nov 2023 48.13 48.11 48.95 48.06 0.152 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 50.1 as stoploss in an intra day sell trade for a target of 48.92. However, stock will show a bullish move above 50.1.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 39.37
Downside Target 41.70
Downside Target 45.01
Downside Target 46.85
Upside Target 50.50
Upside Target 50.75
Upside Target 50.79
Upside Target 51.05
Upside Target 51.69
Upside Target 52.10
Upside Target 52.58

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 48.55
Downside Intraday Target 47.1
Upside Intraday Target 51.25
Upside Intraday Target 52.5
Downside Intraday Target 49.8

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
06 Wed Dec 2023 50.00 51.05 51.05 48.35 0.562 times
01 Fri Dec 2023 49.89 49.40 52.58 48.50 0.888 times
24 Fri Nov 2023 48.80 48.00 51.69 48.00 0.702 times
17 Fri Nov 2023 48.50 48.00 50.75 46.85 1.636 times
10 Fri Nov 2023 47.44 45.01 48.51 45.01 0.614 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
06 Wed Dec 2023 50.00 52.58 52.58 48.35 0.162 times
30 Thu Nov 2023 50.08 46.19 52.10 45.01 1.001 times
31 Tue Oct 2023 46.19 44.15 50.79 42.52 0.739 times
29 Fri Sep 2023 45.05 42.50 47.43 41.70 0.353 times

Scroll below to view daily charts

Price has moved down 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 term time period is neutral. A longer time frame might give a better analysis.

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

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY 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 49.71 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.

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 term time period is neutral. A longer time frame might give a better analysis.

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

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 green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY 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 49.71 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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