Mobile app version of munafa.co.com
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-05 View latest technical analysis

10 day averaged volume of Raj Oil is 1234

Date Daily Closing Price Open High Low Volume
05 Thu Dec 2024 56.10 56.31 57.50 54.35 3.012 times
04 Wed Dec 2024 56.31 55.08 56.34 54.65 0.267 times
03 Tue Dec 2024 55.83 54.00 56.20 54.00 0.3 times
02 Mon Dec 2024 55.11 54.87 56.03 53.43 0.567 times
29 Fri Nov 2024 54.87 55.70 55.70 53.78 0.673 times
28 Thu Nov 2024 54.93 54.50 55.10 51.52 2.852 times
27 Wed Nov 2024 52.57 50.01 52.91 50.01 2.538 times
26 Tue Nov 2024 51.08 50.85 51.12 49.22 0.989 times
25 Mon Nov 2024 49.85 49.10 50.19 48.65 0.236 times
22 Fri Nov 2024 49.78 49.57 50.38 49.20 1.428 times

Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 54.3, but if it comes below 54.3, then a intra day sell could be more profitable.
If you take a sell trade below 54.3, then use 54.3 as stoploss and 51.66 as target. However if you take a buy trade in stock , then use 54.3 as stoploss and 57.6 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 47.20
Downside Target 50.93
Downside Target 53.43
Downside Target 55.70
Upside Target 57.50
Upside Target 58.40
Upside Target 62.00
Upside Target 64.74

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 53.85
Downside Intraday Target 51.61
Upside Intraday Target 57.92
Upside Intraday Target 59.75
Downside Intraday Target 55.68

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
05 Thu Dec 2024 56.10 54.87 57.50 53.43 0.569 times
29 Fri Nov 2024 54.87 49.10 55.70 48.65 3.285 times
22 Fri Nov 2024 49.78 49.68 50.93 48.01 1.003 times
14 Thu Nov 2024 48.71 51.66 51.99 48.50 0.381 times
08 Fri Nov 2024 50.71 51.67 52.97 49.15 0.964 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
05 Thu Dec 2024 56.10 54.87 57.50 53.43 0.222 times
29 Fri Nov 2024 54.87 51.68 55.70 48.01 0.45 times
31 Thu Oct 2024 50.83 55.30 58.40 47.20 0.672 times
30 Mon Sep 2024 54.89 54.15 62.00 51.00 0.398 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Raj Oil in short term and BUY 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 53.83 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Strong and stock is gaining 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 tired and bears are picking up momentum.

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

CCI has generated a buy signal for Raj Oil in short term and BUY 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 53.83 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

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme