(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 2023-06-08 View latest technical analysis
10 day averaged volume of Raj Oil is 7786
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Jun 2023 | 43.22 | 44.09 | 46.00 | 43.00 | 1.239 times |
| 07 Wed Jun 2023 | 43.98 | 44.50 | 44.50 | 42.56 | 0.806 times |
| 06 Tue Jun 2023 | 42.59 | 42.58 | 42.59 | 42.50 | 0.691 times |
| 05 Mon Jun 2023 | 40.57 | 38.65 | 40.57 | 38.65 | 0.707 times |
| 02 Fri Jun 2023 | 38.64 | 36.10 | 38.64 | 36.00 | 2.399 times |
| 01 Thu Jun 2023 | 36.80 | 39.00 | 39.80 | 36.10 | 3.015 times |
| 31 Wed May 2023 | 38.00 | 38.58 | 39.79 | 37.50 | 0.276 times |
| 30 Tue May 2023 | 38.58 | 42.10 | 42.10 | 38.50 | 0.66 times |
| 29 Mon May 2023 | 40.45 | 39.84 | 41.00 | 39.39 | 0.376 times |
| 26 Fri May 2023 | 39.44 | 40.44 | 40.70 | 39.08 | 0.964 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 42.4, but if it comes below 42.4, then a intra day sell could be more profitable.
If you take a sell trade below 42.4, then use 42.4 as stoploss and 40.65 as target. However if you take a buy trade in stock , then use 42.4 as stoploss and 44.4 as target.
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 | 40.65 |
| Downside Target | 42.10 |
| Downside Target | 43.00 |
| Upside Target | 44.48 |
| Upside Target | 45.10 |
| Upside Target | 45.70 |
| Upside Target | 46.00 |
| Upside Target | 64.75 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 39.25 |
| Downside Intraday Target | 35.27 |
| Upside Intraday Target | 46.6 |
| Upside Intraday Target | 49.97 |
| Downside Intraday Target | 42.62 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Jun 2023 | 43.22 | 38.65 | 46.00 | 38.65 | 0.512 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 |
| 08 Thu Jun 2023 | 43.22 | 39.00 | 46.00 | 36.00 | 1.504 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, and volume has increased substantially. This means that the move can 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
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 BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 39.52 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 positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.
Price action analysis of Raj Oil ( (RajOil) ) based on a short 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.
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 BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
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 39.52 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.
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