(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 2024-10-29 View latest technical analysis
10 day averaged volume of Raj Oil is 3597
| Date | Daily Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 50.00 | 51.29 | 51.29 | 50.00 | 0.071 times |
| 28 Mon Oct 2024 | 50.28 | 49.47 | 50.43 | 49.41 | 1.516 times |
| 25 Fri Oct 2024 | 49.46 | 57.99 | 58.40 | 48.73 | 3.738 times |
| 24 Thu Oct 2024 | 53.13 | 48.52 | 53.13 | 47.32 | 1.295 times |
| 23 Wed Oct 2024 | 48.30 | 47.52 | 48.88 | 47.52 | 0.096 times |
| 22 Tue Oct 2024 | 47.25 | 49.07 | 49.07 | 47.20 | 0.22 times |
| 21 Mon Oct 2024 | 48.11 | 50.11 | 51.99 | 48.00 | 1.14 times |
| 18 Fri Oct 2024 | 50.52 | 48.10 | 51.90 | 48.10 | 0.727 times |
| 17 Thu Oct 2024 | 51.28 | 52.29 | 52.29 | 50.77 | 0.137 times |
| 16 Wed Oct 2024 | 51.26 | 52.66 | 52.66 | 51.05 | 0.339 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 49.1 as stoploss in an intra day buy trade for a target of 51.15. However, stock will show a bearish move below 49.1.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 47.20 |
| Upside Target | 51.00 |
| 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 | 49.18 |
| Downside Intraday Target | 48.35 |
| Upside Intraday Target | 51.06 |
| Upside Intraday Target | 52.11 |
| Upside Intraday Target | 50.23 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 29 Tue Oct 2024 | 50.00 | 49.47 | 51.29 | 49.41 | 0.245 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 |
| 29 Tue Oct 2024 | 50.00 | 55.30 | 58.40 | 47.20 | 0.668 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 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 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 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 coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 50.06 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 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 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 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 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 coming down
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
RSI is generating a SELL signal in short term but selling 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 50.06 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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