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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 2023-06-01 View latest technical analysis

10 day averaged volume of Raj Oil is 2680

Date Daily Closing Price Open High Low Volume
01 Thu Jun 2023 36.80 39.00 39.80 36.10 8.759 times
31 Wed May 2023 38.00 38.58 39.79 37.50 0.802 times
30 Tue May 2023 38.58 42.10 42.10 38.50 1.919 times
29 Mon May 2023 40.45 39.84 41.00 39.39 1.092 times
26 Fri May 2023 39.44 40.44 40.70 39.08 2.8 times
25 Thu May 2023 41.13 42.25 42.26 40.84 0.309 times
24 Wed May 2023 40.25 41.59 41.85 40.25 0.078 times
23 Tue May 2023 41.06 40.00 42.00 39.36 1.589 times
22 Mon May 2023 40.00 40.10 40.69 40.00 1.118 times
19 Fri May 2023 40.96 41.41 41.41 40.96 0.048 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 37.6, for a target of 39.2 or 40.61

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 33.90
Downside Target 36.10
Upside Target 37.36
Upside Target 39.08
Upside Target 42.10
Upside Target 42.99
Upside Target 43.00
Upside Target 44.48
Upside Target 45.10
Upside Target 45.70
Upside Target 64.75

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 34.57
Downside Intraday Target 32.33
Upside Intraday Target 40.57
Upside Intraday Target 44.33
Upside Intraday Target 38.33

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
01 Thu Jun 2023 36.80 39.84 42.10 36.10 2.133 times
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

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
01 Thu Jun 2023 36.80 39.00 39.80 36.10 0.512 times
31 Wed May 2023 38.00 41.64 43.00 37.50 0.811 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

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 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 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 gaining 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

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 38.31 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 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 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 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 gaining 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

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 38.31 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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