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(OilIndia) Oil India complete technical analysis [charts+indicators] | Buy/Sell Oil India | (OilIndia) share price targets

Complete technical analysis of Oil India (OilIndia) by charts plus indicators, forecast predictions and share price targets for Oil India (OilIndia)

10 day averaged volume of Oil India is 248828

Date	Daily Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	700.35	688.00	704.85	685.50	0.495 times
20 Thu Jun 2024	684.75	697.85	701.40	682.00	0.282 times
19 Wed Jun 2024	696.05	692.05	702.00	672.00	0.945 times
18 Tue Jun 2024	690.80	700.05	703.95	684.05	0.822 times
14 Fri Jun 2024	677.40	664.55	686.20	653.75	1.6 times
13 Thu Jun 2024	677.40	664.55	686.20	653.75	1.6 times
12 Wed Jun 2024	661.60	654.00	674.00	645.95	1.386 times
11 Tue Jun 2024	648.75	612.50	658.10	608.10	1.748 times
10 Mon Jun 2024	607.35	621.95	625.55	605.60	0.452 times
07 Fri Jun 2024	614.95	618.20	619.35	606.00	0.497 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 684.3, but if it comes below 684.3, then a intra day sell could be more profitable.
If you take a sell trade below 684.3, then use 684.3 as stoploss and 649.94 as target. However if you take a buy trade in stock , then use 684.3 as stoploss and 725.5 as target.

Share price targets for Oil India (OilIndia)

Target Type	Value
Downside Target	422.80
Downside Target	512.90
Downside Target	544.75
Downside Target	582.65
Downside Target	605.60
Downside Target	618.40
Downside Target	669.05
Downside Target	675.50
Downside Target	682.20
Downside Target	686.20
Upside Target	704.85

Intraday share price targets for Oil India (OilIndia)

Target Type	Value
Downside Intraday Target	679.95
Downside Intraday Target	659.55
Upside Intraday Target	712.8
Upside Intraday Target	725.25
Downside Intraday Target	692.4

Weekly technical analysis of Oil India (OilIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	700.35	700.05	704.85	672.00	0.375 times
14 Fri Jun 2024	677.40	621.95	686.20	605.60	1.051 times
07 Fri Jun 2024	614.95	680.05	682.20	544.75	2.428 times
31 Fri May 2024	635.40	668.00	675.50	618.40	0.843 times
24 Fri May 2024	661.45	659.20	674.50	640.80	0.676 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 Oil India (OilIndia)

Date	Monthly Closing Price	Open	High	Low	Volume
21 Fri Jun 2024	700.35	680.05	704.85	544.75	0.768 times
31 Fri May 2024	635.40	623.00	675.50	589.00	0.667 times
30 Tue Apr 2024	620.30	608.55	669.05	582.65	1.074 times
28 Thu Mar 2024	600.10	555.00	647.40	512.90	0.677 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 Oil India (OilIndia)

Price action analysis of Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) 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 Oil India ( (OilIndia) ) based on a mid to longer 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.

ADX buy sell signal for Oil India stock for short term is BUY. Signal strength is Weak and stock is gaining momentum.

MACD generated a BUY signal for Oil India 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.

Oil India Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 Oil India 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 Oil India is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 667.98 and Oil India (OilIndia) 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 Oil India (OilIndia) stock. Volume based technical analysis of Oil India (OilIndia) stock is negative.

Oil India 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.