(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 2024-01-09 View latest technical analysis
10 day averaged volume of Raj Oil is 16280
| Date | Daily Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 49.85 | 48.50 | 50.10 | 47.26 | 1.564 times |
| 08 Mon Jan 2024 | 47.72 | 47.70 | 48.00 | 46.70 | 1.599 times |
| 05 Fri Jan 2024 | 47.70 | 48.50 | 49.35 | 46.31 | 1.646 times |
| 04 Thu Jan 2024 | 47.47 | 47.00 | 48.93 | 46.85 | 1.323 times |
| 03 Wed Jan 2024 | 48.34 | 48.00 | 48.88 | 45.55 | 1.997 times |
| 02 Tue Jan 2024 | 47.57 | 48.15 | 48.25 | 46.50 | 1.341 times |
| 01 Mon Jan 2024 | 48.05 | 46.70 | 48.59 | 46.70 | 0.266 times |
| 29 Fri Dec 2023 | 47.43 | 46.16 | 47.49 | 45.94 | 0.735 times |
| 28 Thu Dec 2023 | 46.57 | 48.24 | 48.24 | 45.25 | 0.713 times |
| 27 Wed Dec 2023 | 47.41 | 48.90 | 48.90 | 46.16 | 0.116 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 49.3, but if it comes below 49.3, then a intra day sell could be more profitable.
If you take a sell trade below 49.3, then use 49.3 as stoploss and 48.3 as target. However if you take a buy trade in stock , then use 49.3 as stoploss and 50.5 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 41.70 |
| Downside Target | 45.01 |
| Downside Target | 48.90 |
| Downside Target | 49.35 |
| Upside Target | 49.97 |
| Upside Target | 50.10 |
| Upside Target | 50.79 |
| 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 | 47.67 |
| Downside Intraday Target | 45.48 |
| Upside Intraday Target | 51.07 |
| Upside Intraday Target | 52.28 |
| Downside Intraday Target | 48.88 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 49.85 | 47.70 | 50.10 | 46.70 | 0.481 times |
| 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 |
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 Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 09 Tue Jan 2024 | 49.85 | 46.70 | 50.10 | 45.55 | 1.732 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, and volume has increased substantially. This means that the move can 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 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 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 Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil 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 red color and prices are in or above 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 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 Raj Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.99 and Raj Oil (RajOil) 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 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 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 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 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 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 Raj Oil stock for short term is SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Raj Oil 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 red color and prices are in or above 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 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 Raj Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 47.99 and Raj Oil (RajOil) 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 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 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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