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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 2024-03-19 View latest technical analysis

10 day averaged volume of Oil India is 446192

Date Daily Closing Price Open High Low Volume
19 Tue Mar 2024 545.80 545.95 559.20 533.80 0.707 times
18 Mon Mar 2024 545.05 549.25 553.35 534.85 0.425 times
15 Fri Mar 2024 555.70 579.75 589.00 512.90 1.485 times
14 Thu Mar 2024 572.70 572.35 590.70 561.70 1.241 times
13 Wed Mar 2024 574.20 618.05 619.00 562.85 1.183 times
12 Tue Mar 2024 613.10 620.45 627.70 603.35 0.542 times
11 Mon Mar 2024 615.20 631.50 642.80 610.65 0.826 times
07 Thu Mar 2024 630.20 636.95 643.75 627.75 0.456 times
06 Wed Mar 2024 633.60 634.75 647.40 618.10 1.424 times
05 Tue Mar 2024 631.65 628.00 638.25 618.75 0.849 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 559.1, but if it comes above 559.1, then a intra day buy could be more profitable.
If you take a sell trade below 559.1, then use 559.1 as stoploss and 524.7 as target. However if you take a buy trade in stock , then use 559.1 as stoploss and 587.8 as target.

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 512.90
Downside Target 533.80
Upside Target 559.20
Upside Target 572.75
Upside Target 593.00
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 533.33
Downside Intraday Target 520.87
Upside Intraday Target 558.73
Upside Intraday Target 571.67
Upside Intraday Target 546.27

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
19 Tue Mar 2024 545.80 549.25 559.20 533.80 0.214 times
15 Fri Mar 2024 555.70 631.50 642.80 512.90 1.228 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

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
19 Tue Mar 2024 545.80 555.00 647.40 512.90 0.527 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 positive zone. This is a BUY 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 590.84 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 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 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 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 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 Strong 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 positive zone. This is a BUY 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 590.84 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 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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