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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 2024-09-06 View latest technical analysis

10 day averaged volume of Raj Oil is 5885

Date Daily Closing Price Open High Low Volume
06 Fri Sep 2024 57.20 58.99 58.99 56.11 1.048 times
05 Thu Sep 2024 57.05 62.00 62.00 55.68 1.79 times
04 Wed Sep 2024 56.77 56.37 60.00 55.00 0.495 times
03 Tue Sep 2024 55.41 55.01 57.84 53.50 1.45 times
02 Mon Sep 2024 55.67 54.15 57.03 54.15 0.404 times
30 Fri Aug 2024 55.25 56.70 56.70 55.23 0.441 times
29 Thu Aug 2024 56.70 55.26 58.00 53.95 0.993 times
28 Wed Aug 2024 55.93 55.08 56.90 53.86 0.592 times
27 Tue Aug 2024 56.20 55.62 57.22 55.55 0.945 times
26 Mon Aug 2024 56.73 56.80 58.00 55.15 1.278 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.9, but if it comes below 56.9, then a intra day sell could be more profitable.
If you take a sell trade below 56.9, then use 56.9 as stoploss and 55.33 as target. However if you take a buy trade in stock , then use 56.9 as stoploss and 58.7 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 48.65
Downside Target 50.00
Downside Target 51.65
Downside Target 53.50
Downside Target 56.81
Upside Target 58.00
Upside Target 59.90
Upside Target 62.00
Upside Target 64.74
Upside Target 71.00

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 53.13
Downside Intraday Target 49.07
Upside Intraday Target 61.63
Upside Intraday Target 66.07
Upside Intraday Target 57.57

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
06 Fri Sep 2024 57.20 54.15 62.00 53.50 1.221 times
30 Fri Aug 2024 55.25 56.80 58.00 53.86 1.056 times
23 Fri Aug 2024 55.64 54.58 56.81 51.98 1.766 times
16 Fri Aug 2024 53.51 56.35 59.90 52.30 0.117 times
09 Fri Aug 2024 56.35 56.00 64.74 52.25 5.896 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
06 Fri Sep 2024 57.20 54.15 62.00 53.50 0.159 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
28 Fri Jun 2024 51.55 56.10 57.50 50.00 0.519 times

Scroll below to view daily charts

Price has moved up 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 getting stronger in this stock.

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

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 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 56.42 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 getting stronger in this stock.

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

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 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 56.42 and Raj Oil (RajOil) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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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