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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 2023-09-11 View latest technical analysis

10 day averaged volume of Raj Oil is 6812

Date Daily Closing Price Open High Low Volume
11 Mon Sep 2023 44.84 45.50 45.50 44.30 0.225 times
08 Fri Sep 2023 44.12 44.69 44.74 43.75 0.305 times
07 Thu Sep 2023 43.68 44.56 45.11 43.02 0.317 times
06 Wed Sep 2023 44.27 47.43 47.43 43.95 0.946 times
05 Tue Sep 2023 45.24 46.45 46.45 45.00 0.644 times
04 Mon Sep 2023 45.67 46.00 46.85 43.64 3.268 times
01 Fri Sep 2023 44.62 42.50 44.62 41.70 3.072 times
31 Thu Aug 2023 42.50 42.45 42.94 41.51 0.234 times
30 Wed Aug 2023 42.47 43.00 43.40 42.06 0.421 times
29 Tue Aug 2023 41.84 42.55 42.55 41.50 0.35 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 44.5, but if it comes below 44.5, then a intra day sell could be more profitable.
If you take a sell trade below 44.5, then use 44.5 as stoploss and 43.26 as target. However if you take a buy trade in stock , then use 44.5 as stoploss and 46 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 36.00
Downside Target 37.10
Downside Target 39.37
Downside Target 41.50
Downside Target 43.00
Downside Target 44.14
Downside Target 44.62
Upside Target 45.50
Upside Target 47.43
Upside Target 48.37
Upside Target 50.50
Upside Target 56.42

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 44.26
Downside Intraday Target 43.68
Upside Intraday Target 45.46
Upside Intraday Target 46.08
Upside Intraday Target 44.88

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
11 Mon Sep 2023 44.84 45.50 45.50 44.30 0.041 times
08 Fri Sep 2023 44.12 46.00 47.43 43.02 1.213 times
01 Fri Sep 2023 44.62 42.44 44.62 41.50 1.552 times
25 Fri Aug 2023 43.31 40.05 44.14 40.05 0.944 times
18 Fri Aug 2023 40.78 43.00 43.00 40.46 0.149 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
11 Mon Sep 2023 44.84 42.50 47.43 41.70 0.242 times
31 Thu Aug 2023 42.50 50.35 50.50 39.37 1.089 times
31 Mon Jul 2023 52.12 41.10 56.42 37.10 1.915 times
30 Fri Jun 2023 41.10 39.00 48.37 36.00 2.587 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy 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 SELL signal in short term and selling is picking up 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 44.69 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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy 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 SELL signal in short term and selling is picking up 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 44.69 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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