(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 2024-07-02 View latest technical analysis
10 day averaged volume of Raj Oil is 4414
| Date | Daily Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 51.50 | 51.72 | 52.45 | 51.50 | 0.128 times |
| 01 Mon Jul 2024 | 51.70 | 50.52 | 53.00 | 50.52 | 0.359 times |
| 28 Fri Jun 2024 | 51.55 | 53.14 | 53.20 | 50.01 | 1.227 times |
| 27 Thu Jun 2024 | 52.12 | 53.25 | 53.25 | 52.10 | 0.443 times |
| 26 Wed Jun 2024 | 53.25 | 53.55 | 53.55 | 52.01 | 0.03 times |
| 25 Tue Jun 2024 | 52.50 | 53.05 | 53.70 | 52.50 | 0.651 times |
| 24 Mon Jun 2024 | 53.10 | 53.99 | 54.99 | 53.10 | 0.5 times |
| 21 Fri Jun 2024 | 53.10 | 53.99 | 54.99 | 53.10 | 0.5 times |
| 20 Thu Jun 2024 | 53.83 | 53.02 | 53.90 | 53.02 | 0.176 times |
| 19 Wed Jun 2024 | 54.10 | 54.40 | 55.42 | 53.65 | 0.568 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 51.6, but if it comes above 51.6, then a intra day buy could be more profitable.
If you take a sell trade below 51.6, then use 51.6 as stoploss and 49.9 as target. However if you take a buy trade in stock , then use 51.6 as stoploss and 53 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 42.35 |
| Downside Target | 48.59 |
| Downside Target | 50.00 |
| Upside Target | 53.00 |
| Upside Target | 54.99 |
| Upside Target | 55.67 |
| Upside Target | 56.00 |
| Upside Target | 57.50 |
| Upside Target | 71.00 |
| Upside Target | 82.91 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 50.35 |
| Downside Intraday Target | 49.19 |
| Upside Intraday Target | 52.83 |
| Upside Intraday Target | 54.15 |
| Upside Intraday Target | 51.67 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 02 Tue Jul 2024 | 51.50 | 50.52 | 53.00 | 50.52 | 0.171 times |
| 28 Fri Jun 2024 | 51.55 | 53.99 | 54.99 | 50.01 | 0.42 times |
| 21 Fri Jun 2024 | 53.10 | 53.01 | 55.67 | 51.00 | 1.685 times |
| 14 Fri Jun 2024 | 53.24 | 53.83 | 56.00 | 52.65 | 2.028 times |
| 07 Fri Jun 2024 | 53.84 | 56.10 | 57.50 | 50.00 | 0.27 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 |
| 02 Tue Jul 2024 | 51.50 | 50.52 | 53.00 | 50.52 | 0.031 times |
| 28 Fri Jun 2024 | 51.55 | 56.10 | 57.50 | 50.00 | 0.519 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 |
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 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
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 52.5 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 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 short 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.
Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a buy signal for Raj Oil in short term but BUY signal is weak.
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 52.5 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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