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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 2024-03-13 View latest technical analysis

10 day averaged volume of Oil India is 400874

Date Daily Closing Price Open High Low Volume
13 Wed Mar 2024 574.20 618.05 619.00 562.85 1.317 times
12 Tue Mar 2024 613.10 620.45 627.70 603.35 0.604 times
11 Mon Mar 2024 615.20 631.50 642.80 610.65 0.919 times
07 Thu Mar 2024 630.20 636.95 643.75 627.75 0.508 times
06 Wed Mar 2024 633.60 634.75 647.40 618.10 1.585 times
05 Tue Mar 2024 631.65 628.00 638.25 618.75 0.945 times
04 Mon Mar 2024 624.75 593.00 639.25 593.00 1.746 times
02 Sat Mar 2024 592.50 595.00 599.90 586.05 0.129 times
01 Fri Mar 2024 589.30 555.00 594.35 552.25 1.838 times
29 Thu Feb 2024 546.65 568.05 572.00 543.95 0.916 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 569.1 as stoploss in an intra day buy trade for a target of 593.66. However, stock will show a bearish move below 569.1.

Share price targets for Oil India (OilIndia)

Target Type Value
Downside Target 293.75
Downside Target 305.30
Downside Target 325.00
Downside Target 362.25
Downside Target 406.00
Downside Target 422.80
Downside Target 443.15
Downside Target 543.95
Upside Target 593.00
Upside Target 616.85
Upside Target 630.00
Upside Target 642.80
Upside Target 647.40

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 543.77
Downside Intraday Target 513.33
Upside Intraday Target 623.72
Upside Intraday Target 673.23
Upside Intraday Target 593.28

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
13 Wed Mar 2024 574.20 631.50 642.80 562.85 0.594 times
07 Thu Mar 2024 630.20 593.00 647.40 593.00 0.885 times
02 Sat Mar 2024 592.50 582.35 599.90 543.95 0.667 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

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
13 Wed Mar 2024 574.20 555.00 647.40 552.25 0.364 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
29 Fri Dec 2023 372.35 306.25 406.00 305.30 3.486 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 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 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 losing momentum.

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

Oil India 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 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 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 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 605.72 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 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 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 losing momentum.

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

Oil India 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 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 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 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 605.72 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 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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Click here for further forecast and predictions for tomorrow

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