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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 2024-01-31 View latest technical analysis

10 day averaged volume of Oil India is 277680

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	426.40	430.65	433.75	418.40	0.751 times
30 Tue Jan 2024	429.50	419.85	443.15	417.05	1.171 times
29 Mon Jan 2024	413.45	405.05	420.85	404.55	0.398 times
25 Thu Jan 2024	402.90	405.25	407.15	400.45	0.191 times
24 Wed Jan 2024	401.65	398.80	406.60	393.45	0.606 times
23 Tue Jan 2024	396.40	424.90	424.90	392.00	1.136 times
22 Mon Jan 2024	420.05	417.70	430.15	414.00	0.502 times
19 Fri Jan 2024	412.25	401.55	419.25	398.25	2.484 times
18 Thu Jan 2024	395.65	379.25	406.40	376.50	1.924 times
17 Wed Jan 2024	381.40	387.65	387.65	378.80	0.303 times

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 434.5, for a target of 412.3 or 393.8

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	371.50
Downside Target	391.50
Downside Target	404.55
Downside Target	406.00
Downside Target	419.25
Upside Target	430.15
Upside Target	443.15

Intraday share price targets for Oil India (OilIndia)

Target Type	Value
Downside Intraday Target	406.25
Downside Intraday Target	386.1
Upside Intraday Target	444.85
Upside Intraday Target	463.3
Downside Intraday Target	424.7

Weekly technical analysis of Oil India (OilIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	426.40	405.05	443.15	404.55	0.953 times
25 Thu Jan 2024	402.90	417.70	430.15	392.00	0.346 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

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
31 Wed Jan 2024	426.40	372.40	443.15	362.25	0.464 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 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 losing 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 coming down

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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 408.84 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.