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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 2024-12-16 View latest technical analysis

10 day averaged volume of Raj Oil is 17034

Date	Daily Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	57.64	56.37	59.10	56.37	0.088 times
13 Fri Dec 2024	55.54	57.63	57.63	54.20	0.03 times
12 Thu Dec 2024	56.50	57.33	58.43	56.50	0.191 times
11 Wed Dec 2024	58.50	59.70	59.70	56.32	0.154 times
10 Tue Dec 2024	57.61	61.00	61.00	56.68	0.37 times
09 Mon Dec 2024	60.83	59.39	62.29	58.45	1.402 times
06 Fri Dec 2024	59.18	57.98	67.32	57.22	7.553 times
05 Thu Dec 2024	56.10	56.31	57.50	54.35	0.218 times
04 Wed Dec 2024	56.31	55.08	56.34	54.65	0.019 times
03 Tue Dec 2024	55.83	54.00	56.20	54.00	0.022 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 58.1 as stoploss in an intra day sell trade for a target of 54.5. However, stock will show a bullish move above 58.1.

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
Downside Target	56.37
Upside Target	58.40
Upside Target	59.10
Upside Target	62.00
Upside Target	62.29
Upside Target	64.74
Upside Target	67.32

Intraday share price targets for Raj Oil (RajOil)

Target Type	Value
Downside Intraday Target	56.31
Downside Intraday Target	54.97
Upside Intraday Target	59.04
Upside Intraday Target	60.43
Upside Intraday Target	57.7

Weekly technical analysis of Raj Oil (RajOil)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Mon Dec 2024	57.64	56.37	59.10	56.37	0.041 times
13 Fri Dec 2024	55.54	59.39	62.29	54.20	0.273 times
06 Fri Dec 2024	59.18	54.87	67.32	53.43	14.875 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

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
16 Mon Dec 2024	57.64	54.87	67.32	53.43	7.454 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, 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 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 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 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 LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

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 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 59.19 and Raj Oil (RajOil) stock is trading below this level. This means that stock is falling with high volumes. 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.