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(OilIndia) Oil India complete technical analysis [charts+indicators] | Buy/Sell Oil India | (OilIndia) share price targets

Complete technical analysis of Oil India (OilIndia) by charts plus indicators, forecast predictions and share price targets for Oil India (OilIndia)

10 day averaged volume of Oil India is 256880

Date Daily Closing Price Open High Low Volume
23 Tue Apr 2024 590.95 600.25 603.20 588.80 0.702 times
22 Mon Apr 2024 596.85 607.45 616.35 595.00 0.731 times
19 Fri Apr 2024 600.30 607.55 616.10 596.85 0.838 times
18 Thu Apr 2024 602.95 626.95 630.75 600.05 1.464 times
16 Tue Apr 2024 622.65 615.75 634.90 610.25 1.398 times
15 Mon Apr 2024 622.30 600.05 636.40 595.50 2.249 times
12 Fri Apr 2024 610.80 633.75 637.70 608.00 0.932 times
10 Wed Apr 2024 631.75 631.25 647.95 627.00 0.668 times
09 Tue Apr 2024 629.65 628.75 635.45 618.80 0.283 times
08 Mon Apr 2024 624.45 630.15 643.60 619.55 0.587 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 595.1, but if it comes above 595.1, then a intra day buy could be more profitable.
If you take a sell trade below 595.1, then use 595.1 as stoploss and 575.8 as target. However if you take a buy trade in stock , then use 595.1 as stoploss and 611.23 as target.

Share price targets for Oil India (OilIndia)

Target Type Value
Downside Target 305.30
Downside Target 362.25
Downside Target 406.00
Downside Target 422.80
Downside Target 443.15
Downside Target 512.90
Downside Target 578.40
Upside Target 608.00
Upside Target 629.75
Upside Target 636.40
Upside Target 647.40
Upside Target 647.95
Upside Target 669.05

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 581.05
Downside Intraday Target 571.15
Upside Intraday Target 608.6
Upside Intraday Target 626.25
Upside Intraday Target 598.7

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
23 Tue Apr 2024 590.95 607.45 616.35 588.80 0.241 times
19 Fri Apr 2024 600.30 600.05 636.40 595.50 2.409 times
12 Fri Apr 2024 610.80 630.15 647.95 608.00 0.291 times
05 Fri Apr 2024 627.70 608.55 669.05 582.65 2.368 times
28 Thu Mar 2024 600.10 586.70 629.75 578.40 0.788 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 Oil India (OilIndia)

Date Monthly Closing Price Open High Low Volume
23 Tue Apr 2024 590.95 608.55 669.05 582.65 0.659 times
28 Thu Mar 2024 600.10 555.00 647.40 512.90 0.677 times
29 Thu Feb 2024 546.65 428.45 630.00 422.80 2.251 times
31 Wed Jan 2024 426.40 372.40 443.15 362.25 0.464 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 Oil India (OilIndia)

Price action analysis of Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) based on a short to mid 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 Oil India ( (OilIndia) ) 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 Oil India stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.

Oil India 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Oil India in short term and SELL 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

Stock of Oil India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 613.37 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Oil India (OilIndia) stock. Volume based technical analysis of Oil India (OilIndia) stock is negative.

Oil India Stock has given negative 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.

Price action analysis of Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) based on a short to mid 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 Oil India ( (OilIndia) ) 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 Oil India stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.

Oil India 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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Oil India in short term and SELL 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

Stock of Oil India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 613.37 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Oil India (OilIndia) stock. Volume based technical analysis of Oil India (OilIndia) stock is negative.

Oil India Stock has given negative 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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