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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 2024-07-15 View latest technical analysis

10 day averaged volume of Raj Oil is 1374

Date Daily Closing Price Open High Low Volume
15 Mon Jul 2024 50.95 51.66 51.66 50.65 1.56 times
12 Fri Jul 2024 51.80 51.30 52.50 50.65 0.621 times
11 Thu Jul 2024 50.19 51.50 51.90 50.00 1.792 times
10 Wed Jul 2024 50.85 51.71 51.71 50.85 0.092 times
09 Tue Jul 2024 51.72 51.99 52.80 51.10 1.372 times
08 Mon Jul 2024 51.13 51.78 51.78 51.07 1.558 times
05 Fri Jul 2024 51.78 52.25 52.25 50.79 1.524 times
04 Thu Jul 2024 51.85 52.20 52.40 51.07 0.47 times
03 Wed Jul 2024 52.37 51.98 52.49 51.22 1.004 times
02 Tue Jul 2024 51.50 51.72 52.45 51.50 0.412 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, but if it comes above 51, then a intra day buy could be more profitable.
If you take a sell trade below 51, then use 51 as stoploss and 49.5 as target. However if you take a buy trade in stock , then use 51 as stoploss and 52.25 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 42.35
Downside Target 48.59
Downside Target 50.00
Upside Target 52.80
Upside Target 53.00
Upside Target 54.99
Upside Target 55.67
Upside Target 57.50
Upside Target 71.00
Upside Target 82.91

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 50.51
Downside Intraday Target 50.08
Upside Intraday Target 51.52
Upside Intraday Target 52.1
Upside Intraday Target 51.09

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
15 Mon Jul 2024 50.95 51.66 51.66 50.65 0.287 times
12 Fri Jul 2024 51.80 51.78 52.80 50.00 1.191 times
05 Fri Jul 2024 51.78 50.52 53.00 50.52 0.498 times
28 Fri Jun 2024 51.55 53.99 54.99 50.01 0.42 times
21 Fri Jun 2024 53.10 53.01 55.67 51.00 1.685 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
15 Mon Jul 2024 50.95 50.52 53.00 50.00 0.23 times
28 Fri Jun 2024 51.55 56.10 57.50 50.00 0.519 times
31 Fri May 2024 55.00 71.00 71.00 51.65 0.363 times
30 Tue Apr 2024 70.97 43.86 82.91 42.35 9.967 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 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 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 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 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 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 51.32 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 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 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 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 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 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 51.32 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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