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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 2024-02-27 View latest technical analysis

10 day averaged volume of Oil India is 644004

Date Daily Closing Price Open High Low Volume
27 Tue Feb 2024 575.15 574.80 583.00 563.00 0.471 times
26 Mon Feb 2024 567.70 582.35 593.00 558.60 0.594 times
23 Fri Feb 2024 591.60 603.25 605.00 585.95 0.441 times
22 Thu Feb 2024 598.60 592.85 609.60 572.75 1.221 times
21 Wed Feb 2024 585.30 605.45 624.10 578.05 0.968 times
20 Tue Feb 2024 604.95 596.20 630.00 573.90 1.229 times
19 Mon Feb 2024 594.70 575.30 609.60 574.75 1.182 times
16 Fri Feb 2024 573.75 568.70 616.85 555.95 1.119 times
15 Thu Feb 2024 562.95 506.10 575.45 503.80 2.101 times
14 Wed Feb 2024 498.95 471.70 504.55 459.05 0.581 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 582.6 as stoploss in an intra day sell trade for a target of 522.76. However, stock will show a bullish move above 582.6.

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 404.55
Downside Target 422.80
Downside Target 440.10
Downside Target 524.60
Downside Target 558.60
Downside Target 572.75
Upside Target 593.00
Upside Target 616.85
Upside Target 630.00

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 558.17
Downside Intraday Target 541.18
Upside Intraday Target 592.57
Upside Intraday Target 609.98
Upside Intraday Target 575.58

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
27 Tue Feb 2024 575.15 582.35 593.00 558.60 0.211 times
23 Fri Feb 2024 591.60 575.30 630.00 572.75 1.056 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

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
27 Tue Feb 2024 575.15 428.45 630.00 422.80 2.104 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, and volume has increased substantially. This means that the move can 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 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 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 gaining momentum.

MACD generated a BUY signal for Oil India in short term and the buy signal is strong.

Oil India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but BUY signal is weak.

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 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 578.13 and Oil India (OilIndia) 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 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 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 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 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 gaining momentum.

MACD generated a BUY signal for Oil India in short term and the buy signal is strong.

Oil India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 but BUY signal is weak.

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 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 578.13 and Oil India (OilIndia) 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 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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