(RajOil) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (RajOil) share price targets
Complete technical analysis of Raj Oil (RajOil) by charts plus indicators, forecast predictions and share price targets for Raj Oil (RajOil)
Showing technical analysis as on 2024-01-04 View latest technical analysis
10 day averaged volume of Raj Oil is 10229
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Thu Jan 2024 | 47.47 | 47.00 | 48.93 | 46.85 | 2.105 times |
| 03 Wed Jan 2024 | 48.34 | 48.00 | 48.88 | 45.55 | 3.178 times |
| 02 Tue Jan 2024 | 47.57 | 48.15 | 48.25 | 46.50 | 2.134 times |
| 01 Mon Jan 2024 | 48.05 | 46.70 | 48.59 | 46.70 | 0.423 times |
| 29 Fri Dec 2023 | 47.43 | 46.16 | 47.49 | 45.94 | 1.17 times |
| 28 Thu Dec 2023 | 46.57 | 48.24 | 48.24 | 45.25 | 1.135 times |
| 27 Wed Dec 2023 | 47.41 | 48.90 | 48.90 | 46.16 | 0.185 times |
| 26 Tue Dec 2023 | 47.99 | 47.00 | 48.81 | 47.00 | 0.422 times |
| 22 Fri Dec 2023 | 47.96 | 49.20 | 49.20 | 47.95 | 0.773 times |
| 21 Thu Dec 2023 | 48.56 | 49.20 | 49.20 | 45.97 | 0.361 times |
Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from this stock.
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 47.4 as stoploss in an intra day buy trade for a target of 48.55. However, stock will show a bearish move below 47.4.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 41.70 |
| Downside Target | 45.01 |
| Downside Target | 47.43 |
| Upside Target | 48.93 |
| Upside Target | 49.97 |
| Upside Target | 50.79 |
| Upside Target | 51.05 |
| Upside Target | 51.50 |
| Upside Target | 52.10 |
| Upside Target | 52.58 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 45.7 |
| Downside Intraday Target | 43.94 |
| Upside Intraday Target | 49.08 |
| Upside Intraday Target | 50.7 |
| Downside Intraday Target | 47.32 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Thu Jan 2024 | 47.47 | 46.70 | 48.93 | 45.55 | 2.693 times |
| 29 Fri Dec 2023 | 47.43 | 47.00 | 48.90 | 45.25 | 1 times |
| 22 Fri Dec 2023 | 47.96 | 47.15 | 49.97 | 45.97 | 1.782 times |
| 15 Fri Dec 2023 | 49.44 | 49.31 | 51.50 | 48.10 | 1.433 times |
| 08 Fri Dec 2023 | 50.00 | 51.05 | 51.05 | 48.35 | 0.957 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 04 Thu Jan 2024 | 47.47 | 46.70 | 48.93 | 45.55 | 0.876 times |
| 29 Fri Dec 2023 | 47.43 | 52.58 | 52.58 | 45.25 | 1.418 times |
| 30 Thu Nov 2023 | 50.08 | 46.19 | 52.10 | 45.01 | 1.001 times |
| 31 Tue Oct 2023 | 46.19 | 44.15 | 50.79 | 42.52 | 0.739 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 Raj Oil (RajOil)
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
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 Raj Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.73 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil 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 red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
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 Raj Oil is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.73 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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