(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 2024-07-08 View latest technical analysis
10 day averaged volume of Oil India is 244051
Date | Daily Closing Price | Open | High | Low | Volume |
08 Mon Jul 2024 | 500.00 | 493.95 | 517.00 | 490.05 | 1.741 times |
05 Fri Jul 2024 | 489.55 | 495.80 | 495.80 | 487.10 | 0.523 times |
04 Thu Jul 2024 | 492.35 | 499.95 | 505.95 | 489.50 | 0.416 times |
03 Wed Jul 2024 | 494.60 | 493.60 | 499.00 | 479.70 | 0.795 times |
02 Tue Jul 2024 | 485.20 | 481.60 | 510.95 | 481.00 | 3.582 times |
01 Mon Jul 2024 | 714.00 | 734.55 | 734.55 | 705.35 | 0.721 times |
28 Fri Jun 2024 | 722.75 | 712.00 | 743.30 | 710.05 | 2.092 times |
27 Thu Jun 2024 | 707.60 | 708.55 | 714.30 | 697.60 | 0.688 times |
26 Wed Jun 2024 | 702.40 | 704.95 | 707.00 | 694.00 | 0.185 times |
25 Tue Jun 2024 | 698.70 | 704.95 | 711.25 | 691.55 | 0.493 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 550.2, but if it comes above 550.2, then a intra day buy could be more profitable.
If you take a sell trade below 550.2, then use 550.2 as stoploss and 445.4 as target. However if you take a buy trade in stock , then use 550.2 as stoploss and 637.6 as target.
Share price targets for Oil India (OilIndia)
Target Type | Value |
Downside Target | 479.70 |
Downside Target | 490.05 |
Upside Target | 512.90 |
Upside Target | 544.75 |
Upside Target | 582.65 |
Upside Target | 605.60 |
Upside Target | 647.40 |
Upside Target | 669.05 |
Upside Target | 686.20 |
Upside Target | 704.85 |
Upside Target | 734.55 |
Upside Target | 743.30 |
Intraday share price targets for Oil India (OilIndia)
Target Type | Value |
Downside Intraday Target | 487.7 |
Downside Intraday Target | 475.4 |
Upside Intraday Target | 514.65 |
Upside Intraday Target | 529.3 |
Upside Intraday Target | 502.35 |
Weekly technical analysis of Oil India (OilIndia)
Date | Weekly Closing Price | Open | High | Low | Volume |
08 Mon Jul 2024 | 500.00 | 493.95 | 517.00 | 490.05 | 0.288 times |
05 Fri Jul 2024 | 489.55 | 734.55 | 734.55 | 479.70 | 1.524 times |
28 Fri Jun 2024 | 722.75 | 688.00 | 743.30 | 685.50 | 1.528 times |
21 Fri Jun 2024 | 700.35 | 700.05 | 704.85 | 672.00 | 0.375 times |
14 Fri Jun 2024 | 677.40 | 621.95 | 686.20 | 605.60 | 1.051 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 Mon Jul 2024 | 500.00 | 734.55 | 734.55 | 479.70 | 0.388 times |
28 Fri Jun 2024 | 722.75 | 680.05 | 743.30 | 544.75 | 0.957 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 |
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 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 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 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 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 red color and prices are below the red 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 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 574.09 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 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 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 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 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 red color and prices are below the red 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 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 574.09 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.
Click here for Oil India charts
Click here for further forecast and predictions for tomorrow