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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 2024-06-10 View latest technical analysis

10 day averaged volume of Oil India is 226864

Date	Daily Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	607.35	621.95	625.55	605.60	0.496 times
07 Fri Jun 2024	614.95	618.20	619.35	606.00	0.546 times
06 Thu Jun 2024	610.75	591.75	616.20	586.40	0.733 times
05 Wed Jun 2024	579.15	605.00	613.85	555.20	2.149 times
04 Tue Jun 2024	593.60	666.05	668.00	544.75	2.83 times
03 Mon Jun 2024	669.65	680.05	682.20	647.50	0.825 times
31 Fri May 2024	635.40	632.55	638.85	618.40	0.507 times
30 Thu May 2024	629.65	640.00	643.95	625.30	0.346 times
29 Wed May 2024	637.05	653.75	655.40	634.00	0.897 times
28 Tue May 2024	654.55	674.95	674.95	645.45	0.568 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 611.1, but if it comes above 611.1, then a intra day buy could be more profitable.
If you take a sell trade below 611.1, then use 611.1 as stoploss and 581.7 as target. However if you take a buy trade in stock , then use 611.1 as stoploss and 635.62 as target.

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
Downside Target	605.60
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	600.12
Downside Intraday Target	592.88
Upside Intraday Target	620.07
Upside Intraday Target	632.78
Upside Intraday Target	612.83

Weekly technical analysis of Oil India (OilIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Mon Jun 2024	607.35	621.95	625.55	605.60	0.07 times
07 Fri Jun 2024	614.95	680.05	682.20	544.75	2.428 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

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
10 Mon Jun 2024	607.35	680.05	682.20	544.75	0.336 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Strong and stock is losing momentum.

MACD generated a SELL signal for Oil India in short term and the sell 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. 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 but selling 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 610.77 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.