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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 7812

Date Daily Closing Price Open High Low Volume
18 Fri Jun 2021 93.95 92.15 95.55 92.15 0.889 times
17 Thu Jun 2021 93.70 95.75 97.90 93.05 0.205 times
16 Wed Jun 2021 93.00 94.05 94.65 92.75 0.61 times
15 Tue Jun 2021 94.85 93.10 98.95 93.10 0.866 times
14 Mon Jun 2021 96.90 97.00 97.75 92.00 0.651 times
11 Fri Jun 2021 96.55 97.75 98.40 90.10 1.335 times
10 Thu Jun 2021 98.00 99.90 99.90 93.50 1.188 times
09 Wed Jun 2021 96.80 100.00 101.00 94.55 0.615 times
08 Tue Jun 2021 98.95 105.00 105.00 98.00 0.646 times
07 Mon Jun 2021 98.00 96.00 99.90 92.00 0.986 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 93.7 as stoploss in an intra day buy trade for a target of 99.71. However, stock will show a bearish move below 93.7.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 85.05
Downside Target 87.20
Downside Target 90.10
Upside Target 98.40
Upside Target 102.60
Upside Target 105.00
Upside Target 106.90
Upside Target 109.95
Upside Target 116.30
Upside Target 116.95
Upside Target 138.35
Upside Target 201.10

Intraday share price targets for Raj Oil (RajOil)

Target Type Value
Downside Intraday Target 90.98
Downside Intraday Target 88.02
Upside Intraday Target 97.93
Upside Intraday Target 101.92
Upside Intraday Target 94.97

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
18 Fri Jun 2021 93.95 97.00 98.95 92.00 0.675 times
11 Fri Jun 2021 96.55 96.00 105.00 90.10 0.816 times
04 Fri Jun 2021 92.00 105.00 106.90 91.40 0.771 times
28 Fri May 2021 108.15 109.00 116.30 102.60 2.676 times
21 Fri May 2021 104.20 96.00 104.20 90.15 1.315 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
18 Fri Jun 2021 93.95 103.45 105.00 90.10 0.718 times
31 Mon May 2021 103.45 110.70 116.95 88.05 1.377 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

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 19, 20, 3 Sell
MACD -3, -3Sell
Stochastics 23Sell
CCI -92Sell
RSI 51Buy
OBV -29670Sell
VWAP 96Sell
ADL 0Sell
ROC 2Buy
Force Index 0Sell

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 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 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

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Weak 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 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 red color and prices are in or above 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 BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL 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 96.37 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 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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Daily charts

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

Daily chart
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