(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 2024-07-23 View latest technical analysis
10 day averaged volume of Raj Oil is 1357
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 49.81 | 49.25 | 50.49 | 49.25 | 0.25 times |
| 22 Mon Jul 2024 | 49.50 | 49.90 | 49.90 | 48.65 | 0.9 times |
| 19 Fri Jul 2024 | 49.75 | 50.83 | 50.90 | 49.60 | 1.209 times |
| 18 Thu Jul 2024 | 50.83 | 50.81 | 51.98 | 50.81 | 0.111 times |
| 16 Tue Jul 2024 | 51.12 | 50.80 | 51.50 | 50.80 | 0.695 times |
| 15 Mon Jul 2024 | 50.95 | 51.66 | 51.66 | 50.65 | 1.579 times |
| 12 Fri Jul 2024 | 51.80 | 51.30 | 52.50 | 50.65 | 0.629 times |
| 11 Thu Jul 2024 | 50.19 | 51.50 | 51.90 | 50.00 | 1.814 times |
| 10 Wed Jul 2024 | 50.85 | 51.71 | 51.71 | 50.85 | 0.094 times |
| 09 Tue Jul 2024 | 51.72 | 51.99 | 52.80 | 51.10 | 1.389 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 50.4, but if it comes above 50.4, then a intra day buy could be more profitable.
If you take a sell trade below 50.4, then use 50.4 as stoploss and 49.2 as target. However if you take a buy trade in stock , then use 50.4 as stoploss and 51.31 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 42.35 |
| Downside Target | 48.59 |
| Upside Target | 51.65 |
| Upside Target | 51.98 |
| Upside Target | 52.80 |
| Upside Target | 53.00 |
| Upside Target | 54.99 |
| 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 | 48.81 |
| Downside Intraday Target | 47.81 |
| Upside Intraday Target | 50.65 |
| Upside Intraday Target | 51.49 |
| Downside Intraday Target | 49.65 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Tue Jul 2024 | 49.81 | 49.90 | 50.49 | 48.65 | 0.32 times |
| 19 Fri Jul 2024 | 49.75 | 51.66 | 51.98 | 49.60 | 0.653 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 |
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 |
| 23 Tue Jul 2024 | 49.81 | 50.52 | 53.00 | 48.65 | 0.292 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 losing 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 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 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
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 50.64 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 losing 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 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 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
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 50.64 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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