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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 2023-09-18 View latest technical analysis

10 day averaged volume of Raj Oil is 4924

Date Daily Closing Price Open High Low Volume
18 Mon Sep 2023 43.66 43.40 44.99 42.50 0.545 times
15 Fri Sep 2023 44.30 44.94 45.50 44.00 0.496 times
14 Thu Sep 2023 44.59 44.45 44.80 43.00 0.692 times
13 Wed Sep 2023 43.91 43.16 45.59 43.06 0.508 times
12 Tue Sep 2023 43.99 44.79 45.05 43.25 0.412 times
11 Mon Sep 2023 44.84 45.50 45.50 44.30 0.311 times
08 Fri Sep 2023 44.12 44.69 44.74 43.75 0.422 times
07 Thu Sep 2023 43.68 44.56 45.11 43.02 0.438 times
06 Wed Sep 2023 44.27 47.43 47.43 43.95 1.308 times
05 Tue Sep 2023 45.24 46.45 46.45 45.00 0.892 times

My analysis of stock is bearish for shortterm, and stock might move down till 42.8 or till 41.6. Use a stoploss of 43.79 and if the stock hits stoploss, then it can shoot up till 44.78

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
Upside Target 44.14
Upside Target 44.99
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 42.44
Downside Intraday Target 41.23
Upside Intraday Target 44.93
Upside Intraday Target 46.21
Upside Intraday Target 43.72

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
18 Mon Sep 2023 43.66 43.40 44.99 42.50 0.226 times
15 Fri Sep 2023 44.30 45.50 45.59 43.00 0.319 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

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
18 Mon Sep 2023 43.66 42.50 47.43 41.70 0.295 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.

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 SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Raj Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.32 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 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 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 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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.

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 SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Raj Oil is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 44.32 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.

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Daily charts

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