(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 2024-07-16 View latest technical analysis
10 day averaged volume of Raj Oil is 1430
| Date | Daily Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 51.12 | 50.80 | 51.50 | 50.80 | 0.659 times |
| 15 Mon Jul 2024 | 50.95 | 51.66 | 51.66 | 50.65 | 1.499 times |
| 12 Fri Jul 2024 | 51.80 | 51.30 | 52.50 | 50.65 | 0.597 times |
| 11 Thu Jul 2024 | 50.19 | 51.50 | 51.90 | 50.00 | 1.722 times |
| 10 Wed Jul 2024 | 50.85 | 51.71 | 51.71 | 50.85 | 0.089 times |
| 09 Tue Jul 2024 | 51.72 | 51.99 | 52.80 | 51.10 | 1.318 times |
| 08 Mon Jul 2024 | 51.13 | 51.78 | 51.78 | 51.07 | 1.497 times |
| 05 Fri Jul 2024 | 51.78 | 52.25 | 52.25 | 50.79 | 1.464 times |
| 04 Thu Jul 2024 | 51.85 | 52.20 | 52.40 | 51.07 | 0.452 times |
| 03 Wed Jul 2024 | 52.37 | 51.98 | 52.49 | 51.22 | 0.965 times |
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 51 as stoploss in an intra day buy trade for a target of 52.03. However, stock will show a bearish move below 51.
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 | 52.80 |
| Upside Target | 53.00 |
| Upside Target | 54.99 |
| Upside Target | 55.67 |
| 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 | 50.63 |
| Downside Intraday Target | 50.13 |
| Upside Intraday Target | 51.64 |
| Upside Intraday Target | 52.15 |
| Upside Intraday Target | 51.14 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 16 Tue Jul 2024 | 51.12 | 51.66 | 51.66 | 50.65 | 0.413 times |
| 12 Fri Jul 2024 | 51.80 | 51.78 | 52.80 | 50.00 | 1.191 times |
| 05 Fri Jul 2024 | 51.78 | 50.52 | 53.00 | 50.52 | 0.498 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 |
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 |
| 16 Tue Jul 2024 | 51.12 | 50.52 | 53.00 | 50.00 | 0.243 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell 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. 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 moving up
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 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 51.3 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 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
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 Weak and stock is losing momentum.
MACD generated a SELL signal for Raj Oil in short term and the sell 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. 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 moving up
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 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 51.3 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.
Click here for further forecast and predictions for tomorrow