(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 2024-04-05 View latest technical analysis
10 day averaged volume of Raj Oil is 3165
| Date | Daily Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 50.10 | 49.35 | 51.98 | 49.35 | 2.724 times |
| 04 Thu Apr 2024 | 48.37 | 46.17 | 48.45 | 46.17 | 0.425 times |
| 03 Wed Apr 2024 | 46.17 | 42.35 | 46.71 | 42.35 | 0.572 times |
| 02 Tue Apr 2024 | 46.99 | 46.65 | 47.29 | 46.01 | 1.517 times |
| 01 Mon Apr 2024 | 45.50 | 43.86 | 45.99 | 43.16 | 0.261 times |
| 28 Thu Mar 2024 | 43.00 | 44.00 | 44.35 | 43.00 | 0.281 times |
| 27 Wed Mar 2024 | 43.09 | 41.25 | 44.61 | 41.25 | 0.831 times |
| 26 Tue Mar 2024 | 44.56 | 46.51 | 46.51 | 44.45 | 0.706 times |
| 22 Fri Mar 2024 | 45.60 | 45.35 | 47.72 | 44.55 | 1.012 times |
| 21 Thu Mar 2024 | 43.39 | 45.00 | 45.00 | 43.15 | 0.918 times |
Stock of Raj Oil (RajOil) has showed a significant upmove. This could be a good time to enter in this stock!
Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 49.2, for a target of 46.8 or 44.82
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 38.56 |
| Downside Target | 41.25 |
| Downside Target | 45.00 |
| Downside Target | 46.51 |
| Downside Target | 47.72 |
| Downside Target | 48.59 |
| Upside Target | 51.98 |
| Upside Target | 52.58 |
| Upside Target | 53.00 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 44.31 |
| Downside Intraday Target | 38.51 |
| Upside Intraday Target | 53.94 |
| Upside Intraday Target | 57.77 |
| Downside Intraday Target | 48.14 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 50.10 | 43.86 | 51.98 | 42.35 | 3.023 times |
| 28 Thu Mar 2024 | 43.00 | 46.51 | 46.51 | 41.25 | 0.304 times |
| 22 Fri Mar 2024 | 45.60 | 44.18 | 47.72 | 42.05 | 2.885 times |
| 15 Fri Mar 2024 | 43.31 | 46.84 | 48.29 | 38.56 | 1.206 times |
| 07 Thu Mar 2024 | 45.92 | 47.99 | 48.59 | 45.00 | 0.228 times |
Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.
Monthly technical analysis of Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 05 Fri Apr 2024 | 50.10 | 43.86 | 51.98 | 42.35 | 0.473 times |
| 28 Thu Mar 2024 | 43.00 | 47.53 | 48.59 | 38.56 | 0.402 times |
| 29 Thu Feb 2024 | 46.48 | 48.15 | 53.00 | 45.01 | 0.351 times |
| 31 Wed Jan 2024 | 48.70 | 46.70 | 53.00 | 45.55 | 2.847 times |
Scroll below to view daily charts
Price has moved up 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
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 46.71 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 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 mid to longer term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
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 and the buy signal is strong.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
CCI has generated a buy signal for Raj Oil in short term and BUY signal is strong.
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 46.71 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 rising upwards.
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 is giving positive returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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