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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 2803

Date Daily Closing Price Open High Low Volume
07 Thu Dec 2023 49.92 50.00 50.75 48.45 0.556 times
06 Wed Dec 2023 50.00 50.10 50.10 49.05 0.846 times
05 Tue Dec 2023 49.92 49.40 50.38 48.35 0.381 times
04 Mon Dec 2023 49.40 51.05 51.05 49.19 1.214 times
01 Fri Dec 2023 49.89 52.58 52.58 49.01 1.285 times
30 Thu Nov 2023 50.08 49.98 52.10 49.50 0.967 times
29 Wed Nov 2023 51.29 49.22 51.37 49.12 1.463 times
28 Tue Nov 2023 48.93 49.40 50.20 48.50 0.629 times
24 Fri Nov 2023 48.80 51.69 51.69 48.01 1.683 times
23 Thu Nov 2023 49.30 49.50 50.53 48.61 1.38 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 49.07. 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 48.5
Downside Intraday Target 47.07
Upside Intraday Target 51.2
Upside Intraday Target 52.47
Downside Intraday Target 49.77

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
07 Thu Dec 2023 49.92 51.05 51.05 48.35 0.69 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
07 Thu Dec 2023 49.92 52.58 52.58 48.35 0.186 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL signal for Raj Oil in short term but the sell signal is initial and weak.

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 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

Stock of Raj Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.75 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 SELL signal for Raj Oil in short term but the sell signal is initial and weak.

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 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

Stock of Raj Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 49.75 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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Daily chart
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