(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 2024-03-20 View latest technical analysis
10 day averaged volume of Oil India is 407720
| Date | Daily Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 565.10 | 557.45 | 570.00 | 544.90 | 0.693 times |
| 19 Tue Mar 2024 | 545.80 | 545.95 | 559.20 | 533.80 | 0.773 times |
| 18 Mon Mar 2024 | 545.05 | 549.25 | 553.35 | 534.85 | 0.465 times |
| 15 Fri Mar 2024 | 555.70 | 579.75 | 589.00 | 512.90 | 1.625 times |
| 14 Thu Mar 2024 | 572.70 | 572.35 | 590.70 | 561.70 | 1.358 times |
| 13 Wed Mar 2024 | 574.20 | 618.05 | 619.00 | 562.85 | 1.295 times |
| 12 Tue Mar 2024 | 613.10 | 620.45 | 627.70 | 603.35 | 0.594 times |
| 11 Mon Mar 2024 | 615.20 | 631.50 | 642.80 | 610.65 | 0.904 times |
| 07 Thu Mar 2024 | 630.20 | 636.95 | 643.75 | 627.75 | 0.499 times |
| 06 Wed Mar 2024 | 633.60 | 634.75 | 647.40 | 618.10 | 1.558 times |
My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 557.7 as stoploss in an intra day buy trade for a target of 586.79. However, stock will show a bearish move below 557.7.
Share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Target | 293.75 |
| Downside Target | 305.30 |
| Downside Target | 325.00 |
| Downside Target | 362.25 |
| Downside Target | 406.00 |
| Downside Target | 422.80 |
| Downside Target | 443.15 |
| Downside Target | 512.90 |
| Downside Target | 533.80 |
| Upside Target | 570.00 |
| Upside Target | 593.00 |
| Upside Target | 630.00 |
| Upside Target | 642.80 |
| Upside Target | 647.40 |
Intraday share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Intraday Target | 542.6 |
| Downside Intraday Target | 520.1 |
| Upside Intraday Target | 578.8 |
| Upside Intraday Target | 592.5 |
| Downside Intraday Target | 556.3 |
Weekly technical analysis of Oil India (OilIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 20 Wed Mar 2024 | 565.10 | 549.25 | 570.00 | 533.80 | 0.334 times |
| 15 Fri Mar 2024 | 555.70 | 631.50 | 642.80 | 512.90 | 1.228 times |
| 07 Thu Mar 2024 | 630.20 | 593.00 | 647.40 | 593.00 | 0.885 times |
| 02 Sat Mar 2024 | 592.50 | 582.35 | 599.90 | 543.95 | 0.667 times |
| 23 Fri Feb 2024 | 591.60 | 575.30 | 630.00 | 572.75 | 1.056 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 |
| 20 Wed Mar 2024 | 565.10 | 555.00 | 647.40 | 512.90 | 0.554 times |
| 29 Thu Feb 2024 | 546.65 | 428.45 | 630.00 | 422.80 | 2.251 times |
| 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 |
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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Oil India ( (OilIndia) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Oil India ( (OilIndia) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.
Oil India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oil India in short term but BUY 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 585.13 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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 Oil India ( (OilIndia) ) based on a short term time period is positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.
Price action analysis of Oil India ( (OilIndia) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
Price action analysis of Oil India ( (OilIndia) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Weak and stock is losing momentum.
MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.
Oil India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oil India in short term but BUY 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 585.13 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
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 has given negative 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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