(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 2024-06-04 View latest technical analysis
10 day averaged volume of Oil India is 163461
| Date | Daily Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 593.60 | 666.05 | 668.00 | 544.75 | 3.928 times |
| 03 Mon Jun 2024 | 669.65 | 680.05 | 682.20 | 647.50 | 1.145 times |
| 31 Fri May 2024 | 635.40 | 632.55 | 638.85 | 618.40 | 0.703 times |
| 30 Thu May 2024 | 629.65 | 640.00 | 643.95 | 625.30 | 0.48 times |
| 29 Wed May 2024 | 637.05 | 653.75 | 655.40 | 634.00 | 1.245 times |
| 28 Tue May 2024 | 654.55 | 674.95 | 674.95 | 645.45 | 0.788 times |
| 27 Mon May 2024 | 668.20 | 668.00 | 675.50 | 656.25 | 0.833 times |
| 24 Fri May 2024 | 661.45 | 653.55 | 669.90 | 650.45 | 1.288 times |
| 23 Thu May 2024 | 653.55 | 657.25 | 662.00 | 647.00 | 1.334 times |
| 22 Wed May 2024 | 656.70 | 672.60 | 674.50 | 650.65 | 0.715 times |
Stock of Oil India (OilIndia) has showed a significant fall. This could be a good time to exit from this stock.
Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 594, for a target of 618.6 or 639.05
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 |
| Upside Target | 618.40 |
| Upside Target | 663.00 |
| Upside Target | 669.05 |
| Upside Target | 674.50 |
| Upside Target | 675.50 |
| Upside Target | 682.20 |
Intraday share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Intraday Target | 531.5 |
| Downside Intraday Target | 469.4 |
| Upside Intraday Target | 668.95 |
| Upside Intraday Target | 744.3 |
| Upside Intraday Target | 606.85 |
Weekly technical analysis of Oil India (OilIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 04 Tue Jun 2024 | 593.60 | 680.05 | 682.20 | 544.75 | 1.253 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 |
| 18 Sat May 2024 | 646.30 | 616.25 | 663.00 | 589.00 | 0.634 times |
| 10 Fri May 2024 | 619.10 | 634.05 | 651.15 | 598.65 | 1.511 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 |
| 04 Tue Jun 2024 | 593.60 | 680.05 | 682.20 | 544.75 | 0.162 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 down 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 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Oil India in short term and SELL signal is strong!
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 634.58 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 negative.
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 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 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 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Oil India in short term and SELL signal is strong!
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 634.58 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 negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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