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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)

10 day averaged volume of Raj Oil is 1706

Date Daily Closing Price Open High Low Volume
15 Tue Oct 2024 51.63 51.15 53.88 51.15 1.669 times
14 Mon Oct 2024 51.60 52.52 53.19 50.89 2.014 times
11 Fri Oct 2024 51.15 51.69 52.49 50.80 0.733 times
10 Thu Oct 2024 50.98 50.47 52.40 50.47 0.345 times
09 Wed Oct 2024 51.15 52.43 52.47 50.82 1.066 times
08 Tue Oct 2024 51.40 50.04 53.13 47.73 0.973 times
07 Mon Oct 2024 50.71 52.42 53.29 49.20 1.045 times
03 Thu Oct 2024 54.86 55.55 55.55 52.22 0.849 times
01 Tue Oct 2024 54.94 55.30 55.30 53.52 1.595 times
30 Mon Sep 2024 54.89 53.41 55.50 51.00 1.106 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.8, but if it comes above 51.8, then a intra day buy could be more profitable.
If you take a sell trade below 51.8, then use 51.8 as stoploss and 49.4 as target. However if you take a buy trade in stock , then use 51.8 as stoploss and 53.82 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 47.73
Downside Target 50.00
Upside Target 53.21
Upside Target 54.10
Upside Target 55.55
Upside Target 57.50
Upside Target 57.90
Upside Target 62.00
Upside Target 64.74

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 50.39
Downside Intraday Target 49.14
Upside Intraday Target 53.38
Upside Intraday Target 55.12
Upside Intraday Target 52.13

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
15 Tue Oct 2024 51.63 52.52 53.88 50.89 0.885 times
11 Fri Oct 2024 51.15 52.42 53.29 47.73 1.172 times
03 Thu Oct 2024 54.86 53.41 55.55 51.00 0.287 times
27 Fri Sep 2024 54.50 53.55 57.90 53.21 1.715 times
20 Fri Sep 2024 55.27 57.00 57.90 54.10 1.185 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
15 Tue Oct 2024 51.63 55.30 55.55 47.73 0.23 times
30 Mon Sep 2024 54.89 54.15 62.00 51.00 0.398 times
30 Fri Aug 2024 55.25 54.00 64.74 51.98 7.559 times
31 Wed Jul 2024 53.06 50.52 53.50 48.65 0.367 times

Scroll below to view daily charts

Price has moved down 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Raj Oil in short term and the sell 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 52.45 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 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 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Raj Oil in short term and the sell 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 52.45 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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Daily chart
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