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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 2024-10-18 View latest technical analysis

10 day averaged volume of Oil India is 215064

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	533.85	523.30	546.65	522.70	2.129 times
17 Thu Oct 2024	525.30	528.90	533.45	519.80	0.766 times
16 Wed Oct 2024	526.95	559.70	560.15	518.25	1.032 times
15 Tue Oct 2024	559.30	586.10	586.10	552.00	0.874 times
14 Mon Oct 2024	586.10	587.25	590.50	573.25	0.357 times
11 Fri Oct 2024	584.30	575.00	587.00	571.10	1.034 times
10 Thu Oct 2024	573.90	581.85	594.15	570.20	0.748 times
09 Wed Oct 2024	574.25	565.95	577.00	558.35	0.797 times
08 Tue Oct 2024	565.55	548.15	568.00	540.35	0.867 times
07 Mon Oct 2024	547.05	570.00	574.85	542.45	1 times

Stock of Oil India (OilIndia) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 545.1, but if it comes above 545.1, then a intra day buy could be more profitable.
If you take a sell trade below 545.1, then use 545.1 as stoploss and 521.2 as target. However if you take a buy trade in stock , then use 545.1 as stoploss and 565.06 as target.

Share price targets for Oil India (OilIndia)

Target Type	Value
Downside Target	479.70
Downside Target	518.25
Upside Target	535.10
Upside Target	568.05
Upside Target	588.80
Upside Target	594.15
Upside Target	604.90
Upside Target	627.75
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	504.57
Downside Intraday Target	475.28
Upside Intraday Target	576.82
Upside Intraday Target	619.78
Upside Intraday Target	547.53

Weekly technical analysis of Oil India (OilIndia)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	533.85	587.25	590.50	518.25	1.16 times
11 Fri Oct 2024	584.30	570.00	594.15	540.35	1.244 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

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
18 Fri Oct 2024	533.85	573.00	594.15	518.25	0.342 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 getting stronger in this stock.

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

Stock of Oil India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 552.83 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.