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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 2024-10-08 View latest technical analysis

10 day averaged volume of Oil India is 260427

Date Daily Closing Price Open High Low Volume
08 Tue Oct 2024 565.55 548.15 568.00 540.35 0.716 times
07 Mon Oct 2024 547.05 570.00 574.85 542.45 0.826 times
03 Thu Oct 2024 538.85 571.10 578.75 535.10 2.085 times
01 Tue Oct 2024 569.25 573.00 583.80 567.25 0.332 times
30 Mon Sep 2024 580.25 586.75 588.80 572.75 0.535 times
27 Fri Sep 2024 585.45 562.65 595.00 558.00 1.862 times
26 Thu Sep 2024 564.20 580.65 580.65 555.00 0.67 times
25 Wed Sep 2024 578.35 593.00 604.90 576.60 0.639 times
24 Tue Sep 2024 592.45 585.05 594.85 581.20 0.667 times
23 Mon Sep 2024 581.90 563.70 586.80 557.15 0.958 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 560 as stoploss in an intra day buy trade for a target of 582.26. However, stock will show a bearish move below 560.

Share price targets for Oil India (OilIndia)

Target Type Value
Downside Target 479.70
Downside Target 535.10
Upside Target 583.80
Upside Target 588.80
Upside Target 604.90
Upside Target 627.75
Upside Target 645.65
Upside Target 734.55
Upside Target 734.85
Upside Target 743.30
Upside Target 767.30

Intraday share price targets for Oil India (OilIndia)

Target Type Value
Downside Intraday Target 545.65
Downside Intraday Target 525.75
Upside Intraday Target 580.15
Upside Intraday Target 594.75
Downside Intraday Target 560.25

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
08 Tue Oct 2024 565.55 570.00 574.85 540.35 0.522 times
03 Thu Oct 2024 538.85 586.75 588.80 535.10 0.616 times
27 Fri Sep 2024 585.45 563.70 604.90 555.00 0.562 times
20 Fri Sep 2024 562.40 587.70 627.75 553.90 0.97 times
13 Fri Sep 2024 585.65 625.50 645.65 565.55 1.156 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 Tue Oct 2024 565.55 573.00 583.80 535.10 0.131 times
30 Mon Sep 2024 580.25 726.90 734.85 553.90 0.63 times
30 Fri Aug 2024 740.35 582.05 767.30 568.05 1.105 times
31 Wed Jul 2024 577.35 734.55 734.55 479.70 2.315 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Oil India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Oil India in short term and the sell 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 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 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 567.28 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. 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 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 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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Oil India stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Oil India in short term and the sell 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 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 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 567.28 and Oil India (OilIndia) stock is trading below this level. This means that stock is falling with high volumes. 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 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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