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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 2024-07-22 View latest technical analysis

10 day averaged volume of Raj Oil is 1444

Date Daily Closing Price Open High Low Volume
22 Mon Jul 2024 49.50 49.90 49.90 48.65 0.846 times
19 Fri Jul 2024 49.75 50.83 50.90 49.60 1.136 times
18 Thu Jul 2024 50.83 50.81 51.98 50.81 0.105 times
16 Tue Jul 2024 51.12 50.80 51.50 50.80 0.653 times
15 Mon Jul 2024 50.95 51.66 51.66 50.65 1.484 times
12 Fri Jul 2024 51.80 51.30 52.50 50.65 0.591 times
11 Thu Jul 2024 50.19 51.50 51.90 50.00 1.705 times
10 Wed Jul 2024 50.85 51.71 51.71 50.85 0.088 times
09 Tue Jul 2024 51.72 51.99 52.80 51.10 1.305 times
08 Mon Jul 2024 51.13 51.78 51.78 51.07 1.483 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 49.4, for a target of 50.5 or 51.48

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 42.35
Downside Target 48.59
Upside Target 51.65
Upside Target 51.98
Upside Target 52.80
Upside Target 53.00
Upside Target 54.99
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 48.8
Downside Intraday Target 48.1
Upside Intraday Target 50.05
Upside Intraday Target 50.6
Downside Intraday Target 49.35

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
22 Mon Jul 2024 49.50 49.90 49.90 48.65 0.25 times
19 Fri Jul 2024 49.75 51.66 51.98 49.60 0.653 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

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
22 Mon Jul 2024 49.50 50.52 53.00 48.65 0.287 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 gaining momentum.

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

Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 50.73 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 sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 gaining momentum.

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

Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 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 50.73 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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