(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 2024-06-13 View latest technical analysis
10 day averaged volume of Raj Oil is 1719
| Date | Daily Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 53.24 | 55.25 | 55.25 | 53.20 | 3.331 times |
| 12 Wed Jun 2024 | 55.25 | 53.13 | 56.00 | 53.13 | 1.3 times |
| 11 Tue Jun 2024 | 54.21 | 55.50 | 55.50 | 53.90 | 1.702 times |
| 10 Mon Jun 2024 | 54.75 | 53.83 | 54.88 | 52.65 | 0.68 times |
| 07 Fri Jun 2024 | 53.84 | 50.23 | 53.84 | 50.23 | 1.677 times |
| 06 Thu Jun 2024 | 51.28 | 50.00 | 52.39 | 50.00 | 0.447 times |
| 05 Wed Jun 2024 | 50.00 | 51.90 | 53.60 | 50.00 | 0.779 times |
| 04 Tue Jun 2024 | 51.90 | 53.61 | 53.70 | 51.90 | 1.11 times |
| 03 Mon Jun 2024 | 54.60 | 56.10 | 57.50 | 53.02 | 1.088 times |
| 31 Fri May 2024 | 55.00 | 55.71 | 56.00 | 54.25 | 0.508 times |
Stock of Raj Oil (RajOil) has showed a significant fall. This could be a good time to exit from 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 52.7 as stoploss in an intra day buy trade for a target of 54.76. However, stock will show a bearish move below 52.7.
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 | 50.00 |
| Downside Target | 51.65 |
| Upside Target | 56.00 |
| Upside Target | 57.13 |
| Upside Target | 57.50 |
| Upside Target | 57.89 |
| Upside Target | 60.85 |
| Upside Target | 71.00 |
| Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 51.93 |
| Downside Intraday Target | 50.61 |
| Upside Intraday Target | 55.28 |
| Upside Intraday Target | 57.31 |
| Upside Intraday Target | 53.96 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 13 Thu Jun 2024 | 53.24 | 53.83 | 56.00 | 52.65 | 1.375 times |
| 07 Fri Jun 2024 | 53.84 | 56.10 | 57.50 | 50.00 | 0.27 times |
| 31 Fri May 2024 | 55.00 | 56.50 | 60.85 | 53.05 | 1.608 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 |
Price has moved down 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 |
| 13 Thu Jun 2024 | 53.24 | 56.10 | 57.50 | 50.00 | 0.156 times |
| 31 Fri May 2024 | 55.00 | 71.00 | 71.00 | 51.65 | 0.363 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 |
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 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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. Bears 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 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 53.54 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 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 to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 losing 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. Bears 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 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 53.54 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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