(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 2024-10-17 View latest technical analysis
10 day averaged volume of Raj Oil is 1877
| Date | Daily Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 51.28 | 52.29 | 52.29 | 50.77 | 0.263 times |
| 16 Wed Oct 2024 | 51.26 | 52.66 | 52.66 | 51.05 | 0.649 times |
| 15 Tue Oct 2024 | 51.63 | 51.15 | 53.88 | 51.15 | 1.517 times |
| 14 Mon Oct 2024 | 51.60 | 52.52 | 53.19 | 50.89 | 1.831 times |
| 11 Fri Oct 2024 | 51.15 | 51.69 | 52.49 | 50.80 | 0.666 times |
| 10 Thu Oct 2024 | 50.98 | 50.47 | 52.40 | 50.47 | 0.314 times |
| 09 Wed Oct 2024 | 51.15 | 52.43 | 52.47 | 50.82 | 0.969 times |
| 08 Tue Oct 2024 | 51.40 | 50.04 | 53.13 | 47.73 | 0.884 times |
| 07 Mon Oct 2024 | 50.71 | 52.42 | 53.29 | 49.20 | 0.949 times |
| 03 Thu Oct 2024 | 54.86 | 55.55 | 55.55 | 52.22 | 0.771 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.3, but if it comes above 51.3, then a intra day buy could be more profitable.
If you take a sell trade below 51.3, then use 51.3 as stoploss and 48.9 as target. However if you take a buy trade in stock , then use 51.3 as stoploss and 53.36 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 47.73 |
| Downside Target | 50.00 |
| Upside Target | 53.21 |
| Upside Target | 54.10 |
| Upside Target | 55.55 |
| Upside Target | 57.50 |
| Upside Target | 57.90 |
| Upside Target | 62.00 |
| Upside Target | 64.74 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 50.07 |
| Downside Intraday Target | 48.87 |
| Upside Intraday Target | 53.18 |
| Upside Intraday Target | 55.09 |
| Upside Intraday Target | 51.98 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 17 Thu Oct 2024 | 51.28 | 52.52 | 53.88 | 50.77 | 1.126 times |
| 11 Fri Oct 2024 | 51.15 | 52.42 | 53.29 | 47.73 | 1.172 times |
| 03 Thu Oct 2024 | 54.86 | 53.41 | 55.55 | 51.00 | 0.287 times |
| 27 Fri Sep 2024 | 54.50 | 53.55 | 57.90 | 53.21 | 1.715 times |
| 20 Fri Sep 2024 | 55.27 | 57.00 | 57.90 | 54.10 | 1.185 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 |
| 17 Thu Oct 2024 | 51.28 | 55.30 | 55.55 | 47.73 | 0.253 times |
| 30 Mon Sep 2024 | 54.89 | 54.15 | 62.00 | 51.00 | 0.398 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 |
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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 51.63 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 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 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 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 red color and prices are below the red cloud Prices appear to be moving up
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 and selling is picking up momentum.
MRSI is in positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying 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 51.63 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.
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