(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 2024-10-28 View latest technical analysis
10 day averaged volume of Raj Oil is 3395
| Date | Daily Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 50.28 | 49.47 | 50.43 | 49.41 | 1.606 times |
| 25 Fri Oct 2024 | 49.46 | 57.99 | 58.40 | 48.73 | 3.96 times |
| 24 Thu Oct 2024 | 53.13 | 48.52 | 53.13 | 47.32 | 1.372 times |
| 23 Wed Oct 2024 | 48.30 | 47.52 | 48.88 | 47.52 | 0.101 times |
| 22 Tue Oct 2024 | 47.25 | 49.07 | 49.07 | 47.20 | 0.234 times |
| 21 Mon Oct 2024 | 48.11 | 50.11 | 51.99 | 48.00 | 1.208 times |
| 18 Fri Oct 2024 | 50.52 | 48.10 | 51.90 | 48.10 | 0.77 times |
| 17 Thu Oct 2024 | 51.28 | 52.29 | 52.29 | 50.77 | 0.145 times |
| 16 Wed Oct 2024 | 51.26 | 52.66 | 52.66 | 51.05 | 0.359 times |
| 15 Tue Oct 2024 | 51.63 | 51.15 | 53.88 | 51.15 | 0.839 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 49.2 as stoploss in an intra day buy trade for a target of 51.37. However, stock will show a bearish move below 49.2.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 47.20 |
| Upside Target | 53.29 |
| Upside Target | 53.50 |
| Upside Target | 53.88 |
| Upside Target | 55.55 |
| Upside Target | 57.50 |
| Upside Target | 58.40 |
| Upside Target | 62.00 |
| Upside Target | 64.74 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 49.65 |
| Downside Intraday Target | 49.02 |
| Upside Intraday Target | 50.67 |
| Upside Intraday Target | 51.06 |
| Downside Intraday Target | 50.04 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 28 Mon Oct 2024 | 50.28 | 49.47 | 50.43 | 49.41 | 0.234 times |
| 25 Fri Oct 2024 | 49.46 | 50.11 | 58.40 | 47.20 | 2.2 times |
| 18 Fri Oct 2024 | 50.52 | 52.52 | 53.88 | 48.10 | 1.494 times |
| 11 Fri Oct 2024 | 51.15 | 52.42 | 53.29 | 47.73 | 1.172 times |
| 03 Thu Oct 2024 | 54.86 | 53.41 | 55.55 | 51.00 | 0.287 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 Mon Oct 2024 | 50.28 | 55.30 | 58.40 | 47.20 | 0.665 times |
| 30 Mon Sep 2024 | 54.89 | 54.15 | 62.00 | 51.00 | 0.398 times |
| 30 Fri Aug 2024 | 55.25 | 54.00 | 64.74 | 51.98 | 7.559 times |
| 31 Wed Jul 2024 | 53.06 | 50.52 | 53.50 | 48.65 | 0.367 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy 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 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 SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 50.18 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 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 neutral. A longer time frame might give a better analysis.
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 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 BUY. Signal strength is Strong and stock is gaining momentum.
MACD generated a BUY signal for Raj Oil in short term but the buy 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 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 SELL signal for Raj Oil in short term and SELL signal is strong!
RSI is generating a SELL signal in short term and selling is picking up 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 50.18 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 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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