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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 2024-04-02 View latest technical analysis

10 day averaged volume of Oil India is 288160

Date Daily Closing Price Open High Low Volume
02 Tue Apr 2024 630.15 594.40 634.95 590.90 1.754 times
01 Mon Apr 2024 593.30 608.55 608.55 582.65 0.466 times
28 Thu Mar 2024 600.10 603.35 611.20 592.20 0.963 times
27 Wed Mar 2024 599.40 609.00 629.75 592.20 0.934 times
26 Tue Mar 2024 611.30 586.70 615.10 578.40 1.292 times
22 Fri Mar 2024 581.75 592.05 595.80 579.15 0.684 times
21 Thu Mar 2024 591.25 568.85 596.45 568.85 0.629 times
20 Wed Mar 2024 565.10 557.45 570.00 544.90 0.981 times
19 Tue Mar 2024 545.80 545.95 559.20 533.80 1.094 times
18 Mon Mar 2024 545.05 549.25 553.35 534.85 0.658 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 623.4, but if it comes below 623.4, then a intra day sell could be more profitable.
If you take a sell trade below 623.4, then use 623.4 as stoploss and 595.34 as target. However if you take a buy trade in stock , then use 623.4 as stoploss and 657 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 533.80
Downside Target 578.40
Downside Target 629.75
Upside Target 634.95
Upside Target 642.80
Upside Target 647.40

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 596.88
Downside Intraday Target 563.62
Upside Intraday Target 649.18
Upside Intraday Target 668.22
Downside Intraday Target 615.92

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
02 Tue Apr 2024 630.15 608.55 634.95 582.65 0.696 times
28 Thu Mar 2024 600.10 586.70 629.75 578.40 0.788 times
22 Fri Mar 2024 581.75 549.25 596.45 533.80 0.495 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

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
02 Tue Apr 2024 630.15 608.55 634.95 582.65 0.09 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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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.

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 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 591.14 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 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.

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 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 591.14 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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