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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 6033

Date Daily Closing Price Open High Low Volume
07 Fri May 2021 98.85 105.00 105.00 98.20 0.45 times
06 Thu May 2021 102.95 106.00 108.00 102.50 0.707 times
05 Wed May 2021 107.85 114.00 114.90 107.10 0.489 times
04 Tue May 2021 110.60 116.50 116.95 110.00 2.438 times
03 Mon May 2021 111.40 110.70 111.40 110.05 1.037 times
30 Fri Apr 2021 106.10 104.00 106.10 102.05 0.711 times
29 Thu Apr 2021 101.05 100.05 105.05 98.00 0.822 times
28 Wed Apr 2021 100.05 99.75 100.05 96.05 0.689 times
27 Tue Apr 2021 95.30 95.20 95.55 89.20 1.48 times
26 Mon Apr 2021 91.00 85.25 91.40 85.05 0.995 times

My analysis of stock is bullish for shortterm, and stock might move up till 105.6 or till 114.3. Use a stoploss of 98.34 and if this stock hits its stoploss, then it can fall down till 91.1

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 56.75
Downside Target 85.05
Downside Target 91.20
Downside Target 95.00
Downside Target 98.20
Upside Target 101.00
Upside Target 106.10
Upside Target 109.95
Upside Target 116.95
Upside Target 138.35
Upside Target 157.70
Upside Target 201.10

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 92.38
Downside Intraday Target 85.92
Upside Intraday Target 111.13
Upside Intraday Target 123.42
Upside Intraday Target 104.67

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
07 Fri May 2021 98.85 110.70 116.95 98.20 1.09 times
30 Fri Apr 2021 106.10 85.25 106.10 85.05 2.198 times
23 Fri Apr 2021 87.05 95.00 95.00 85.55 0.533 times
16 Fri Apr 2021 93.15 97.00 101.00 91.20 0.74 times
09 Fri Apr 2021 100.95 87.15 109.95 87.10 3.042 times

Price has moved down 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
07 Fri May 2021 98.85 110.70 116.95 98.20 0.308 times
30 Fri Apr 2021 106.10 93.40 109.95 85.05 0.586 times
31 Wed Mar 2021 89.90 119.60 138.35 87.20 0.861 times
26 Fri Feb 2021 113.95 165.55 201.10 98.40 0.187 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)

Indicator Name Indicator Value Indicator Signal
ADX 30, 26, 6 Buy
MACD -1, -2Buy
Stochastics 57None
CCI -21Sell
RSI 58Buy
OBV -25305Sell
VWAP 103Sell
ADL 0Sell
ROC 14Buy
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 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

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.

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. Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

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 103.3 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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