(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 2023-05-26 View latest technical analysis
10 day averaged volume of Raj Oil is 1614
| Date | Daily Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 39.44 | 40.44 | 40.70 | 39.08 | 4.649 times |
| 25 Thu May 2023 | 41.13 | 42.25 | 42.26 | 40.84 | 0.512 times |
| 24 Wed May 2023 | 40.25 | 41.59 | 41.85 | 40.25 | 0.129 times |
| 23 Tue May 2023 | 41.06 | 40.00 | 42.00 | 39.36 | 2.638 times |
| 22 Mon May 2023 | 40.00 | 40.10 | 40.69 | 40.00 | 1.856 times |
| 19 Fri May 2023 | 40.96 | 41.41 | 41.41 | 40.96 | 0.079 times |
| 18 Thu May 2023 | 41.10 | 41.00 | 41.45 | 41.00 | 0.412 times |
| 17 Wed May 2023 | 41.10 | 43.00 | 43.00 | 41.00 | 0.582 times |
| 16 Tue May 2023 | 41.84 | 41.69 | 42.00 | 41.01 | 2.895 times |
| 15 Mon May 2023 | 41.64 | 41.77 | 42.00 | 41.35 | 0.676 times |
Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 39.7, for a target of 40.5 or 41.23
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 33.90 |
| Downside Target | 37.36 |
| Downside Target | 39.08 |
| Upside Target | 40.00 |
| Upside Target | 42.14 |
| Upside Target | 43.00 |
| Upside Target | 44.48 |
| Upside Target | 45.10 |
| Upside Target | 45.70 |
| Upside Target | 54.00 |
| Upside Target | 61.95 |
| Upside Target | 64.75 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 38.26 |
| Downside Intraday Target | 37.08 |
| Upside Intraday Target | 41.44 |
| Upside Intraday Target | 43.44 |
| Upside Intraday Target | 40.26 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 39.44 | 40.10 | 42.26 | 39.08 | 2.107 times |
| 19 Fri May 2023 | 40.96 | 41.77 | 43.00 | 40.96 | 1.26 times |
| 12 Fri May 2023 | 41.70 | 41.25 | 42.99 | 40.65 | 0.931 times |
| 05 Fri May 2023 | 41.58 | 41.64 | 42.70 | 40.35 | 1.689 times |
| 28 Fri Apr 2023 | 40.84 | 40.89 | 42.14 | 40.00 | 0.149 times |
Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 26 Fri May 2023 | 39.44 | 41.64 | 43.00 | 39.08 | 0.63 times |
| 28 Fri Apr 2023 | 40.84 | 39.20 | 44.48 | 37.36 | 0.245 times |
| 31 Fri Mar 2023 | 38.65 | 43.00 | 45.70 | 33.90 | 4.03 times |
| 27 Mon Feb 2023 | 45.10 | 56.60 | 64.75 | 45.10 | 1.266 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer 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.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 40.58 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) based on a mid to longer 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.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red 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 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 40.58 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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.
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