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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)

10 day averaged volume of Raj Oil is 5542

Date Daily Closing Price Open High Low Volume
28 Mon Nov 2022 59.15 58.95 60.50 56.85 0.932 times
25 Fri Nov 2022 58.70 58.45 60.00 57.05 0.276 times
24 Thu Nov 2022 58.90 59.85 61.00 58.35 0.941 times
23 Wed Nov 2022 61.40 60.30 62.00 59.75 1.095 times
22 Tue Nov 2022 59.35 58.10 61.90 58.10 1.062 times
21 Mon Nov 2022 59.85 58.00 59.95 57.85 0.819 times
18 Fri Nov 2022 59.65 59.50 61.75 59.00 0.153 times
17 Thu Nov 2022 60.20 60.50 63.00 60.15 0.7 times
16 Wed Nov 2022 62.00 58.60 62.70 58.60 1.623 times
15 Tue Nov 2022 59.75 57.90 59.75 56.90 2.674 times

My analysis of stock is bullish for shortterm, and stock might move up till 60.2 or till 61.9. Use a stoploss of 58.8 and if this stock hits its stoploss, then it can fall down till 57.38

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 54.75
Downside Target 56.50
Downside Target 59.00
Upside Target 60.00
Upside Target 60.50
Upside Target 62.00
Upside Target 63.00
Upside Target 64.15
Upside Target 65.90

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 57.17
Downside Intraday Target 55.18
Upside Intraday Target 60.82
Upside Intraday Target 62.48
Downside Intraday Target 58.83

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
28 Mon Nov 2022 59.15 58.95 60.50 56.85 0.222 times
25 Fri Nov 2022 58.70 58.00 62.00 57.05 0.722 times
18 Fri Nov 2022 59.65 57.35 63.00 56.50 2.364 times
11 Fri Nov 2022 57.35 58.60 60.00 56.85 0.777 times
04 Fri Nov 2022 57.80 59.00 59.00 55.15 4.397 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
28 Mon Nov 2022 59.15 56.15 63.00 55.15 3.426 times
31 Mon Oct 2022 56.80 57.30 59.80 54.75 0.343 times
30 Fri Sep 2022 57.45 60.60 65.90 57.30 1.263 times
30 Tue Aug 2022 60.20 60.50 64.15 59.30 2.165 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)

Indicator Name Indicator Value Indicator Signal
ADX 14, 16, 7 Sell
MACD 0, 0Buy
Stochastics 36None
CCI -77Buy
RSI 55Buy
OBV 29307Sell
VWAP 60Sell
ADL 0Sell
ROC 4Buy
Force Index 0Sell

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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy 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 green color and prices are in or below the green cloud Prices appear to be moving up

CCI has generated a buy signal for Raj Oil in short term but BUY 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 60.12 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.

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Daily charts

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Daily chart

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