(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 2024-03-18 View latest technical analysis
10 day averaged volume of Raj Oil is 1207
| Date | Daily Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 42.74 | 44.18 | 44.18 | 42.55 | 0.179 times |
| 15 Fri Mar 2024 | 43.31 | 48.29 | 48.29 | 42.55 | 2.336 times |
| 14 Thu Mar 2024 | 43.90 | 38.56 | 45.50 | 38.56 | 0.496 times |
| 13 Wed Mar 2024 | 42.84 | 45.84 | 45.84 | 42.60 | 1.092 times |
| 12 Tue Mar 2024 | 44.33 | 46.39 | 46.39 | 43.65 | 0.677 times |
| 11 Mon Mar 2024 | 45.08 | 46.84 | 46.84 | 44.86 | 0.838 times |
| 07 Thu Mar 2024 | 45.92 | 47.90 | 48.59 | 45.57 | 1.789 times |
| 06 Wed Mar 2024 | 45.97 | 46.13 | 46.64 | 45.00 | 1.532 times |
| 05 Tue Mar 2024 | 47.07 | 48.14 | 48.14 | 46.63 | 0.562 times |
| 04 Mon Mar 2024 | 47.01 | 47.99 | 47.99 | 46.56 | 0.627 times |
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 42.3, for a target of 44.4 or 46.14
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 42.55 |
| Upside Target | 44.18 |
| Upside Target | 48.29 |
| Upside Target | 48.59 |
| Upside Target | 48.81 |
| Upside Target | 52.10 |
| Upside Target | 52.58 |
| Upside Target | 53.00 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 42.13 |
| Downside Intraday Target | 41.53 |
| Upside Intraday Target | 43.76 |
| Upside Intraday Target | 44.79 |
| Upside Intraday Target | 43.16 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 18 Mon Mar 2024 | 42.74 | 44.18 | 44.18 | 42.55 | 0.033 times |
| 15 Fri Mar 2024 | 43.31 | 46.84 | 48.29 | 38.56 | 1.206 times |
| 07 Thu Mar 2024 | 45.92 | 47.99 | 48.59 | 45.00 | 0.228 times |
| 01 Fri Mar 2024 | 46.81 | 48.58 | 48.81 | 46.31 | 1.634 times |
| 23 Fri Feb 2024 | 47.63 | 48.44 | 53.00 | 45.01 | 0.564 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 Mar 2024 | 42.74 | 47.53 | 48.59 | 38.56 | 0.134 times |
| 29 Thu Feb 2024 | 46.48 | 48.15 | 53.00 | 45.01 | 0.351 times |
| 31 Wed Jan 2024 | 48.70 | 46.70 | 53.00 | 45.55 | 2.847 times |
| 29 Fri Dec 2023 | 47.43 | 52.58 | 52.58 | 45.25 | 1.418 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 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 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 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 Weak and stock is gaining 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 coming down
CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 44.79 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 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 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 Weak and stock is gaining 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 coming down
CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term but selling is losing 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 44.79 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 further forecast and predictions for tomorrow