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(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 2024-04-10 View latest technical analysis

10 day averaged volume of Raj Oil is 2586

Date Daily Closing Price Open High Low Volume
10 Wed Apr 2024 49.26 49.54 49.65 49.26 0.028 times
09 Tue Apr 2024 49.90 50.00 50.05 48.50 0.453 times
08 Mon Apr 2024 49.91 51.98 51.98 49.25 0.59 times
05 Fri Apr 2024 50.10 49.35 51.98 49.35 3.333 times
04 Thu Apr 2024 48.37 46.17 48.45 46.17 0.52 times
03 Wed Apr 2024 46.17 42.35 46.71 42.35 0.7 times
02 Tue Apr 2024 46.99 46.65 47.29 46.01 1.857 times
01 Mon Apr 2024 45.50 43.86 45.99 43.16 0.319 times
28 Thu Mar 2024 43.00 44.00 44.35 43.00 0.344 times
27 Wed Mar 2024 43.09 41.25 44.61 41.25 1.017 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 48.1, but if it comes below 48.1, then a intra day sell could be more profitable.
If you take a sell trade below 48.1, then use 48.1 as stoploss and 45.43 as target. However if you take a buy trade in stock , then use 48.1 as stoploss and 51.3 as target.

Share price targets for Raj Oil (RajOil)

Target Type Value
Downside Target 38.56
Downside Target 41.25
Downside Target 45.01
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 47.85
Downside Intraday Target 46.43
Upside Intraday Target 51.33
Upside Intraday Target 53.39
Upside Intraday Target 49.91

Weekly technical analysis of Raj Oil (RajOil)

Date Weekly Closing Price Open High Low Volume
10 Wed Apr 2024 49.26 51.98 51.98 48.50 0.159 times
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

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
10 Wed Apr 2024 49.26 43.86 51.98 42.35 0.549 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is losing 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 coming down

CCI has generated a SELL signal for Raj Oil in short term but SELL 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 47.84 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is losing 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 coming down

CCI has generated a SELL signal for Raj Oil in short term but SELL 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 47.84 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.

Click here for Raj Oil charts

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Daily charts

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