(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 2024-05-28 View latest technical analysis
10 day averaged volume of Raj Oil is 5857
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 57.96 | 54.20 | 57.96 | 53.05 | 3.251 times |
| 27 Mon May 2024 | 55.20 | 56.50 | 56.50 | 54.42 | 0.93 times |
| 24 Fri May 2024 | 56.50 | 54.41 | 57.13 | 51.69 | 1.635 times |
| 23 Thu May 2024 | 54.41 | 55.00 | 55.00 | 53.55 | 0.778 times |
| 22 Wed May 2024 | 54.21 | 55.37 | 55.50 | 53.50 | 0.587 times |
| 21 Tue May 2024 | 55.37 | 56.43 | 56.43 | 54.01 | 0.454 times |
| 18 Sat May 2024 | 56.62 | 56.00 | 57.89 | 55.70 | 0.095 times |
| 17 Fri May 2024 | 55.49 | 53.48 | 56.05 | 53.20 | 1.575 times |
| 16 Thu May 2024 | 53.39 | 55.15 | 55.15 | 52.50 | 0.917 times |
| 15 Wed May 2024 | 53.54 | 51.67 | 54.80 | 51.65 | 1.137 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, and stock might move down till 53.3 or till 47.3. Use a stoploss of 58.26 and if the stock hits stoploss, then it can shoot up till 63.26
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 42.35 |
| Downside Target | 45.01 |
| Downside Target | 48.59 |
| Downside Target | 51.65 |
| Downside Target | 53.00 |
| Downside Target | 56.42 |
| Downside Target | 57.96 |
| Upside Target | 64.06 |
| Upside Target | 65.80 |
| Upside Target | 71.00 |
| Upside Target | 81.89 |
| Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 54.69 |
| Downside Intraday Target | 51.41 |
| Upside Intraday Target | 59.6 |
| Upside Intraday Target | 61.23 |
| Downside Intraday Target | 56.32 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Tue May 2024 | 57.96 | 56.50 | 57.96 | 53.05 | 1.211 times |
| 24 Fri May 2024 | 56.50 | 56.43 | 57.13 | 51.69 | 0.538 times |
| 18 Sat May 2024 | 56.62 | 55.57 | 57.89 | 51.65 | 1.083 times |
| 10 Fri May 2024 | 56.70 | 60.95 | 65.80 | 56.42 | 0.584 times |
| 03 Fri May 2024 | 64.12 | 81.89 | 81.89 | 64.06 | 0.219 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 |
| 28 Tue May 2024 | 57.96 | 71.00 | 71.00 | 51.65 | 0.341 times |
| 30 Tue Apr 2024 | 70.97 | 43.86 | 82.91 | 42.35 | 9.967 times |
| 28 Thu Mar 2024 | 43.00 | 47.53 | 48.59 | 38.56 | 0.402 times |
| 29 Thu Feb 2024 | 46.48 | 48.15 | 53.00 | 45.01 | 0.351 times |
Scroll below to view daily charts
Price has moved down 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell 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 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 and the buying is gaining 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 55.82 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 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 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 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 BUY. Signal strength is Weak and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell 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 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 and the buying is gaining 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 55.82 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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