(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 2024-01-05 View latest technical analysis
10 day averaged volume of Raj Oil is 12157
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 47.70 | 48.50 | 49.35 | 46.31 | 2.204 times |
| 04 Thu Jan 2024 | 47.47 | 47.00 | 48.93 | 46.85 | 1.771 times |
| 03 Wed Jan 2024 | 48.34 | 48.00 | 48.88 | 45.55 | 2.674 times |
| 02 Tue Jan 2024 | 47.57 | 48.15 | 48.25 | 46.50 | 1.795 times |
| 01 Mon Jan 2024 | 48.05 | 46.70 | 48.59 | 46.70 | 0.356 times |
| 29 Fri Dec 2023 | 47.43 | 46.16 | 47.49 | 45.94 | 0.984 times |
| 28 Thu Dec 2023 | 46.57 | 48.24 | 48.24 | 45.25 | 0.955 times |
| 27 Wed Dec 2023 | 47.41 | 48.90 | 48.90 | 46.16 | 0.155 times |
| 26 Tue Dec 2023 | 47.99 | 47.00 | 48.81 | 47.00 | 0.355 times |
| 22 Fri Dec 2023 | 47.96 | 49.20 | 49.20 | 47.95 | 0.65 times |
Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in 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 47.3 as stoploss in an intra day buy trade for a target of 48.44. However, stock will show a bearish move below 47.3.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 41.70 |
| Downside Target | 45.01 |
| Downside Target | 47.43 |
| Upside Target | 49.35 |
| 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 | 45.72 |
| Downside Intraday Target | 43.73 |
| Upside Intraday Target | 49.52 |
| Upside Intraday Target | 51.33 |
| Downside Intraday Target | 47.53 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Jan 2024 | 47.70 | 46.70 | 49.35 | 45.55 | 3.593 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 |
| 05 Fri Jan 2024 | 47.70 | 46.70 | 49.35 | 45.55 | 1.169 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL 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 47.71 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 has given negative 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 buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.
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 gaining 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 stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up
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 negative zone. This is the SELL 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 47.71 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 has given negative 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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