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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 2023-09-13 View latest technical analysis

10 day averaged volume of Raj Oil is 6628

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Sep 2023	43.91	43.16	45.59	43.06	0.377 times
12 Tue Sep 2023	43.99	44.79	45.05	43.25	0.306 times
11 Mon Sep 2023	44.84	45.50	45.50	44.30	0.231 times
08 Fri Sep 2023	44.12	44.69	44.74	43.75	0.313 times
07 Thu Sep 2023	43.68	44.56	45.11	43.02	0.326 times
06 Wed Sep 2023	44.27	47.43	47.43	43.95	0.972 times
05 Tue Sep 2023	45.24	46.45	46.45	45.00	0.662 times
04 Mon Sep 2023	45.67	46.00	46.85	43.64	3.359 times
01 Fri Sep 2023	44.62	42.50	44.62	41.70	3.157 times
31 Thu Aug 2023	42.50	42.45	42.94	41.51	0.24 times

My analysis of stock is bullish for shortterm, and stock might move up till 44.7 or till 46.1. Use a stoploss of 43.42 and if this stock hits its stoploss, then it can fall down till 42.19

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
Upside Target	44.14
Upside Target	44.62
Upside Target	45.59
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	42.78
Downside Intraday Target	41.66
Upside Intraday Target	45.31
Upside Intraday Target	46.72
Upside Intraday Target	44.19

Weekly technical analysis of Raj Oil (RajOil)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Sep 2023	43.91	45.50	45.59	43.06	0.162 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 down 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
13 Wed Sep 2023	43.91	42.50	47.43	41.70	0.26 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 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 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.

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 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 buy signal for Raj Oil in short term but BUY signal is weak.

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 44.84 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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.