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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)

Showing technical analysis as on 2024-02-19 View latest technical analysis

10 day averaged volume of Oil India is 551653

Date Daily Closing Price Open High Low Volume
19 Mon Feb 2024 594.70 575.30 609.60 574.75 1.38 times
16 Fri Feb 2024 573.75 568.70 616.85 555.95 1.306 times
15 Thu Feb 2024 562.95 506.10 575.45 503.80 2.453 times
14 Wed Feb 2024 498.95 471.70 504.55 459.05 0.678 times
13 Tue Feb 2024 470.35 469.65 476.25 443.90 0.66 times
12 Mon Feb 2024 466.75 519.15 519.15 456.35 0.475 times
09 Fri Feb 2024 515.45 518.75 524.60 502.45 0.419 times
08 Thu Feb 2024 511.30 488.35 519.85 484.20 1.289 times
07 Wed Feb 2024 487.90 486.70 496.75 474.35 0.929 times
06 Tue Feb 2024 481.35 463.80 516.40 446.35 1.296 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 595.8, for a target of 527.1 or 469.79

Share price targets for Oil India (OilIndia)

Target Type Value
Downside Target 289.30
Downside Target 305.30
Downside Target 325.00
Downside Target 339.45
Downside Target 362.25
Downside Target 392.00
Downside Target 404.55
Downside Target 422.80
Downside Target 440.10
Downside Target 524.60
Downside Target 574.75
Upside Target 609.60
Upside Target 616.85

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 576.43
Downside Intraday Target 558.17
Upside Intraday Target 611.28
Upside Intraday Target 627.87
Downside Intraday Target 593.02

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
19 Mon Feb 2024 594.70 575.30 609.60 574.75 0.248 times
16 Fri Feb 2024 573.75 519.15 616.85 443.90 1.258 times
09 Fri Feb 2024 515.45 449.20 524.60 440.10 2.313 times
02 Fri Feb 2024 446.45 405.05 449.50 404.55 1.562 times
25 Thu Jan 2024 402.90 417.70 430.15 392.00 0.346 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 Oil India (OilIndia)

Date Monthly Closing Price Open High Low Volume
19 Mon Feb 2024 594.70 428.45 616.85 422.80 1.427 times
31 Wed Jan 2024 426.40 372.40 443.15 362.25 0.464 times
29 Fri Dec 2023 372.35 306.25 406.00 305.30 3.486 times
30 Thu Nov 2023 305.40 299.40 325.00 293.75 0.836 times

Scroll below to view daily charts

Price has moved up 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 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 Oil India ( (OilIndia) ) based on a short 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 Oil India ( (OilIndia) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Oil India 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.

Oil India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Oil India 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.41 and Oil India (OilIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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.

Price action analysis of Oil India ( (OilIndia) ) based on a short 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 Oil India ( (OilIndia) ) based on a short 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 Oil India ( (OilIndia) ) 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 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Oil India 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.

Oil India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls 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 Oil India 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

Although the stock is in the BUY zone, but buying might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 530.41 and Oil India (OilIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is rising upwards.

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 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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