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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 2024-08-08 View latest technical analysis

10 day averaged volume of Raj Oil is 10836

Date Daily Closing Price Open High Low Volume
08 Thu Aug 2024 60.24 63.28 63.45 59.01 1.995 times
07 Wed Aug 2024 64.74 64.59 64.74 62.73 4.656 times
06 Tue Aug 2024 58.86 52.44 58.86 52.25 3.117 times
05 Mon Aug 2024 53.51 56.00 56.00 52.52 0.359 times
02 Fri Aug 2024 55.37 55.03 57.88 53.72 0.831 times
01 Thu Aug 2024 55.69 54.00 55.71 52.00 0.56 times
31 Wed Jul 2024 53.06 51.16 53.50 51.00 0.201 times
30 Tue Jul 2024 51.05 50.00 51.50 49.63 0.086 times
29 Mon Jul 2024 49.80 50.40 50.98 49.39 0.114 times
26 Fri Jul 2024 50.40 49.66 50.40 49.64 0.052 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 61.8, for a target of 56.9 or 52.83

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 42.35
Downside Target 48.65
Downside Target 51.65
Downside Target 52.80
Downside Target 53.50
Downside Target 57.50
Downside Target 57.88
Upside Target 64.74
Upside Target 71.00
Upside Target 82.91

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 53.41
Downside Intraday Target 46.59
Upside Intraday Target 65.9
Upside Intraday Target 71.57
Downside Intraday Target 59.08

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
08 Thu Aug 2024 60.24 56.00 64.74 52.25 5.652 times
02 Fri Aug 2024 55.37 50.40 57.88 49.39 8.11 times
26 Fri Jul 2024 50.40 49.90 50.49 48.65 0.491 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Raj Oil (RajOil)

Date Monthly Closing Price Open High Low Volume
08 Thu Aug 2024 60.24 54.00 64.74 52.00 4.922 times
31 Wed Jul 2024 53.06 50.52 53.50 48.65 0.367 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 60.55 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Raj Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 60.55 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 is giving positive returns over a short term period. Returns for a longer term period have been positive

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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