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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 2023-06-05 View latest technical analysis

10 day averaged volume of Raj Oil is 6816

Date Daily Closing Price Open High Low Volume
05 Mon Jun 2023 40.57 38.65 40.57 38.65 0.808 times
02 Fri Jun 2023 38.64 36.10 38.64 36.00 2.741 times
01 Thu Jun 2023 36.80 39.00 39.80 36.10 3.444 times
31 Wed May 2023 38.00 38.58 39.79 37.50 0.315 times
30 Tue May 2023 38.58 42.10 42.10 38.50 0.754 times
29 Mon May 2023 40.45 39.84 41.00 39.39 0.429 times
26 Fri May 2023 39.44 40.44 40.70 39.08 1.101 times
25 Thu May 2023 41.13 42.25 42.26 40.84 0.121 times
24 Wed May 2023 40.25 41.59 41.85 40.25 0.031 times
23 Tue May 2023 41.06 40.00 42.00 39.36 0.625 times

My analysis of stock is bullish for shortterm, and stock might move up till 41.7 or till 43.4. Use a stoploss of 40.37 and if this stock hits its stoploss, then it can fall down till 39.01

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 33.90
Downside Target 36.00
Downside Target 37.36
Downside Target 38.65
Downside Target 40.57
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 39.29
Downside Intraday Target 38.01
Upside Intraday Target 41.21
Upside Intraday Target 41.85
Downside Intraday Target 39.93

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
05 Mon Jun 2023 40.57 38.65 40.57 38.65 0.105 times
02 Fri Jun 2023 38.64 39.84 42.10 36.00 3.316 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

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
05 Mon Jun 2023 40.57 39.00 40.57 36.00 1.04 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 up 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 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Raj Oil stock for short term is BUY. 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.

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 in or above 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 BUY signal in short term and the buying is gaining 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 38.49 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

ADX buy sell signal for Raj Oil stock for short term is BUY. 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.

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 in or above 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 BUY signal in short term and the buying is gaining 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 38.49 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.

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