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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)

Showing technical analysis as on 2024-01-24 View latest technical analysis

10 day averaged volume of Oil India is 277094

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	401.65	398.80	406.60	393.45	0.608 times
23 Tue Jan 2024	396.40	424.90	424.90	392.00	1.138 times
22 Mon Jan 2024	420.05	417.70	430.15	414.00	0.503 times
19 Fri Jan 2024	412.25	401.55	419.25	398.25	2.489 times
18 Thu Jan 2024	395.65	379.25	406.40	376.50	1.928 times
17 Wed Jan 2024	381.40	387.65	387.65	378.80	0.303 times
16 Tue Jan 2024	389.30	401.40	402.75	385.75	1.288 times
15 Mon Jan 2024	396.85	378.85	398.20	378.05	1.04 times
12 Fri Jan 2024	374.80	372.20	376.50	369.20	0.303 times
11 Thu Jan 2024	373.30	367.45	375.65	362.25	0.459 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 399.7, but if it comes below 399.7, then a intra day sell could be more profitable.
If you take a sell trade below 399.7, then use 399.7 as stoploss and 386.01 as target. However if you take a buy trade in stock , then use 399.7 as stoploss and 416.2 as target.

Share price targets for Oil India (OilIndia)

Target Type	Value
Downside Target	269.60
Downside Target	289.30
Downside Target	305.00
Downside Target	325.00
Downside Target	339.45
Downside Target	362.25
Downside Target	369.55
Downside Target	391.50
Downside Target	392.00
Downside Target	393.80
Upside Target	406.00
Upside Target	419.25
Upside Target	430.15

Intraday share price targets for Oil India (OilIndia)

Target Type	Value
Downside Intraday Target	385.72
Downside Intraday Target	369.78
Upside Intraday Target	423.87
Upside Intraday Target	446.08
Upside Intraday Target	407.93

Weekly technical analysis of Oil India (OilIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	401.65	417.70	430.15	392.00	0.319 times
19 Fri Jan 2024	412.25	378.85	419.25	376.50	3.349 times
12 Fri Jan 2024	374.80	380.85	382.00	362.25	0.702 times
05 Fri Jan 2024	380.75	372.40	391.50	371.50	0.39 times
29 Fri Dec 2023	372.35	376.25	393.80	369.55	0.391 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 Oil India (OilIndia)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	401.65	372.40	430.15	362.25	0.395 times
29 Fri Dec 2023	372.35	306.25	406.00	305.30	3.486 times
30 Thu Nov 2023	305.40	299.40	325.00	293.75	0.836 times
31 Tue Oct 2023	298.85	295.00	339.45	289.30	1.106 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Oil India in short term and the buy signal is strong.

Oil India 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. 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 SELL signal for Oil India 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 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 398.66 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.