(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)
10 day averaged volume of Oil India is 82138
| Date | Daily Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 251.65 | 262.05 | 263.90 | 249.50 | 0.987 times |
| 29 Wed Mar 2023 | 262.45 | 255.95 | 270.00 | 250.20 | 1.539 times |
| 28 Tue Mar 2023 | 257.40 | 251.00 | 259.50 | 248.10 | 1.832 times |
| 27 Mon Mar 2023 | 249.95 | 250.00 | 252.00 | 244.95 | 0.756 times |
| 24 Fri Mar 2023 | 250.75 | 256.80 | 257.70 | 247.35 | 0.381 times |
| 23 Thu Mar 2023 | 256.80 | 250.50 | 258.00 | 249.05 | 0.939 times |
| 22 Wed Mar 2023 | 250.50 | 250.20 | 252.85 | 249.90 | 0.349 times |
| 21 Tue Mar 2023 | 251.10 | 253.00 | 254.70 | 245.80 | 1.133 times |
| 20 Mon Mar 2023 | 250.65 | 250.55 | 255.05 | 248.85 | 0.682 times |
| 17 Fri Mar 2023 | 256.75 | 250.05 | 260.80 | 248.50 | 1.186 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 250.6 as stoploss in an intra day buy trade for a target of 256.24. However, stock will show a bearish move below 250.6.
Share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Target | 191.75 |
| Downside Target | 205.40 |
| Downside Target | 210.20 |
| Downside Target | 218.60 |
| Downside Target | 238.25 |
| Upside Target | 255.95 |
| Upside Target | 258.00 |
| Upside Target | 259.45 |
| Upside Target | 261.25 |
| Upside Target | 264.90 |
| Upside Target | 270.00 |
| Upside Target | 271.45 |
Intraday share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Intraday Target | 241.07 |
| Downside Intraday Target | 230.48 |
| Upside Intraday Target | 266.12 |
| Upside Intraday Target | 280.58 |
| Upside Intraday Target | 255.53 |
Weekly technical analysis of Oil India (OilIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 31 Fri Mar 2023 | 251.65 | 250.00 | 270.00 | 244.95 | 1.467 times |
| 24 Fri Mar 2023 | 250.75 | 250.55 | 258.00 | 245.80 | 0.437 times |
| 17 Fri Mar 2023 | 256.75 | 258.60 | 261.25 | 242.95 | 1.075 times |
| 10 Fri Mar 2023 | 260.55 | 255.95 | 271.45 | 255.95 | 1.066 times |
| 03 Fri Mar 2023 | 256.45 | 243.00 | 259.45 | 238.25 | 0.692 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 |
| 31 Fri Mar 2023 | 251.65 | 246.05 | 271.45 | 242.95 | 0.603 times |
| 28 Tue Feb 2023 | 247.15 | 239.35 | 264.90 | 210.20 | 2.117 times |
| 31 Tue Jan 2023 | 232.80 | 211.90 | 242.50 | 205.40 | 0.928 times |
| 30 Fri Dec 2022 | 208.05 | 206.90 | 218.60 | 195.10 | 1.283 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)
| Indicator Name | Indicator Value | Indicator Signal |
| ADX | 24, 12, 34 | Buy |
| MACD | 6, 7 | Sell |
| Stochastics | 59 | None |
| CCI | 38 | Sell |
| RSI | 54 | Buy |
| OBV | 477875 | Sell |
| VWAP | 255 | Sell |
| ADL | 0 | Sell |
| ROC | 1 | Buy |
| Force Index | 0 | Sell |
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 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 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 but SELL 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
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 255.2 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.
Click here for Oil India charts
Click here for further forecast and predictions for tomorrow