(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 2024-01-10 View latest technical analysis
10 day averaged volume of Raj Oil is 18395
| Date | Daily Closing Price | Open | High | Low | Volume |
| 10 Wed Jan 2024 | 48.21 | 48.99 | 49.30 | 48.10 | 0.254 times |
| 09 Tue Jan 2024 | 49.85 | 48.50 | 50.10 | 47.26 | 1.384 times |
| 08 Mon Jan 2024 | 47.72 | 47.70 | 48.00 | 46.70 | 1.415 times |
| 05 Fri Jan 2024 | 47.70 | 48.50 | 49.35 | 46.31 | 1.457 times |
| 04 Thu Jan 2024 | 47.47 | 47.00 | 48.93 | 46.85 | 1.171 times |
| 03 Wed Jan 2024 | 48.34 | 48.00 | 48.88 | 45.55 | 1.767 times |
| 02 Tue Jan 2024 | 47.57 | 48.15 | 48.25 | 46.50 | 1.187 times |
| 01 Mon Jan 2024 | 48.05 | 46.70 | 48.59 | 46.70 | 0.235 times |
| 29 Fri Dec 2023 | 47.43 | 46.16 | 47.49 | 45.94 | 0.65 times |
| 28 Thu Dec 2023 | 46.57 | 48.24 | 48.24 | 45.25 | 0.631 times |
My analysis of stock is bearish for shortterm, and stock might move down till 47.3 or till 46.1. Use a stoploss of 48.27 and if the stock hits stoploss, then it can shoot up till 49.25
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 41.70 |
| Downside Target | 45.01 |
| Upside Target | 48.90 |
| Upside 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 | 46.57 |
| Downside Intraday Target | 44.94 |
| Upside Intraday Target | 49.97 |
| Upside Intraday Target | 51.74 |
| Upside Intraday Target | 48.34 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 10 Wed Jan 2024 | 48.21 | 47.70 | 50.10 | 46.70 | 0.525 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 |
| 10 Wed Jan 2024 | 48.21 | 46.70 | 50.10 | 45.55 | 1.783 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil 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 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 48 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 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 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 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 gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy signal is initial and weak.
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 below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Raj Oil 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 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 48 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 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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