(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 2024-01-22 View latest technical analysis
10 day averaged volume of Raj Oil is 10680
| Date | Daily Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 50.72 | 48.93 | 51.22 | 47.91 | 0.778 times |
| 19 Fri Jan 2024 | 48.79 | 46.65 | 49.45 | 46.65 | 0.518 times |
| 18 Thu Jan 2024 | 48.03 | 50.50 | 50.50 | 47.60 | 0.919 times |
| 17 Wed Jan 2024 | 49.53 | 50.99 | 50.99 | 48.00 | 0.619 times |
| 16 Tue Jan 2024 | 49.30 | 50.75 | 50.75 | 49.22 | 0.092 times |
| 15 Mon Jan 2024 | 49.71 | 49.15 | 50.10 | 49.05 | 0.43 times |
| 12 Fri Jan 2024 | 49.11 | 49.75 | 49.75 | 48.51 | 0.535 times |
| 11 Thu Jan 2024 | 48.77 | 48.10 | 50.62 | 48.10 | 1.627 times |
| 10 Wed Jan 2024 | 48.21 | 48.99 | 49.30 | 48.10 | 0.437 times |
| 09 Tue Jan 2024 | 49.85 | 48.50 | 50.10 | 47.26 | 2.384 times |
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 50.6, for a target of 49.4 or 48.41
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 41.70 |
| Downside Target | 45.01 |
| Downside Target | 46.65 |
| Downside Target | 48.90 |
| Downside Target | 49.35 |
| Downside Target | 50.62 |
| Upside Target | 50.79 |
| Upside Target | 50.99 |
| Upside Target | 51.22 |
| Upside Target | 52.10 |
| Upside Target | 52.58 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 48.68 |
| Downside Intraday Target | 46.64 |
| Upside Intraday Target | 51.99 |
| Upside Intraday Target | 53.26 |
| Downside Intraday Target | 49.95 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 22 Mon Jan 2024 | 50.72 | 48.93 | 51.22 | 47.91 | 0.302 times |
| 19 Fri Jan 2024 | 48.79 | 49.15 | 50.99 | 46.65 | 0.348 times |
| 12 Fri Jan 2024 | 49.11 | 47.70 | 50.62 | 46.70 | 0.741 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 |
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 |
| 22 Mon Jan 2024 | 50.72 | 46.70 | 51.22 | 45.55 | 2.427 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling 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 49.28 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 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 term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) based on a short to mid 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 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 BUY. Signal strength is Weak and stock is losing momentum.
MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
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 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 SELL signal in short term but selling 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 49.28 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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