(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 2024-05-08 View latest technical analysis
10 day averaged volume of Oil India is 482142
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 640.65 | 638.00 | 648.00 | 625.10 | 0.525 times |
| 07 Tue May 2024 | 637.05 | 634.65 | 649.00 | 628.80 | 0.935 times |
| 06 Mon May 2024 | 633.20 | 634.05 | 651.15 | 616.50 | 1.141 times |
| 03 Fri May 2024 | 631.00 | 632.90 | 642.95 | 621.10 | 0.645 times |
| 02 Thu May 2024 | 630.20 | 623.00 | 632.00 | 605.00 | 0.755 times |
| 30 Tue Apr 2024 | 620.30 | 624.85 | 638.50 | 618.20 | 0.752 times |
| 29 Mon Apr 2024 | 621.25 | 633.45 | 634.55 | 617.30 | 0.362 times |
| 26 Fri Apr 2024 | 628.35 | 620.65 | 637.00 | 616.20 | 3.749 times |
| 25 Thu Apr 2024 | 612.15 | 604.45 | 620.40 | 601.75 | 0.758 times |
| 24 Wed Apr 2024 | 608.50 | 591.75 | 613.65 | 589.25 | 0.528 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 633.5, but if it comes below 633.5, then a intra day sell could be more profitable.
If you take a sell trade below 633.5, then use 633.5 as stoploss and 619.77 as target. However if you take a buy trade in stock , then use 633.5 as stoploss and 650 as target.
Share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Target | 362.25 |
| Downside Target | 422.80 |
| Downside Target | 443.15 |
| Downside Target | 512.90 |
| Downside Target | 582.65 |
| Downside Target | 630.00 |
| Downside Target | 637.00 |
| Upside Target | 642.95 |
| Upside Target | 647.40 |
| Upside Target | 647.95 |
| Upside Target | 651.15 |
| Upside Target | 669.05 |
Intraday share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Intraday Target | 621.05 |
| Downside Intraday Target | 601.45 |
| Upside Intraday Target | 655.7 |
| Upside Intraday Target | 670.75 |
| Downside Intraday Target | 636.1 |
Weekly technical analysis of Oil India (OilIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Wed May 2024 | 640.65 | 634.05 | 651.15 | 616.50 | 1.034 times |
| 03 Fri May 2024 | 631.00 | 633.45 | 642.95 | 605.00 | 0.434 times |
| 26 Fri Apr 2024 | 628.35 | 607.45 | 637.00 | 588.80 | 1.829 times |
| 19 Fri Apr 2024 | 600.30 | 600.05 | 636.40 | 595.50 | 2.409 times |
| 12 Fri Apr 2024 | 610.80 | 630.15 | 647.95 | 608.00 | 0.291 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 |
| 08 Wed May 2024 | 640.65 | 623.00 | 651.15 | 605.00 | 0.251 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 |
| 29 Thu Feb 2024 | 546.65 | 428.45 | 630.00 | 422.80 | 2.251 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 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 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 moving up
CCI has generated a SELL signal for Oil India in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 627.55 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.
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 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 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 moving up
CCI has generated a SELL signal for Oil India in short term but SELL signal is weak.
RSI is generating a SELL signal in short term and selling is picking up 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 627.55 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.
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