(RajOil) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (RajOil) share price targets
Complete technical analysis of Raj Oil (RajOil) by charts plus indicators, forecast predictions and share price targets for Raj Oil (RajOil)
Showing technical analysis as on 2024-12-23 View latest technical analysis
10 day averaged volume of Raj Oil is 4124
| Date | Daily Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 52.07 | 51.91 | 54.99 | 51.59 | 0.194 times |
| 20 Fri Dec 2024 | 54.93 | 55.20 | 55.20 | 54.76 | 0.153 times |
| 19 Thu Dec 2024 | 55.63 | 48.00 | 56.00 | 48.00 | 0.181 times |
| 18 Wed Dec 2024 | 55.00 | 57.53 | 57.53 | 54.10 | 0.375 times |
| 17 Tue Dec 2024 | 56.40 | 56.40 | 57.74 | 56.40 | 0.059 times |
| 16 Mon Dec 2024 | 57.64 | 56.37 | 59.10 | 56.37 | 0.364 times |
| 13 Fri Dec 2024 | 55.54 | 57.63 | 57.63 | 54.20 | 0.122 times |
| 12 Thu Dec 2024 | 56.50 | 57.33 | 58.43 | 56.50 | 0.787 times |
| 11 Wed Dec 2024 | 58.50 | 59.70 | 59.70 | 56.32 | 0.637 times |
| 10 Tue Dec 2024 | 57.61 | 61.00 | 61.00 | 56.68 | 1.528 times |
My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 53.6, but if it comes above 53.6, then a intra day buy could be more profitable.
If you take a sell trade below 53.6, then use 53.6 as stoploss and 50.9 as target. However if you take a buy trade in stock , then use 53.6 as stoploss and 55.83 as target.
Share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Target | 47.20 |
| Downside Target | 51.00 |
| Upside Target | 53.43 |
| Upside Target | 55.70 |
| Upside Target | 58.40 |
| Upside Target | 59.10 |
| Upside Target | 62.00 |
| Upside Target | 62.29 |
| Upside Target | 64.74 |
| Upside Target | 67.32 |
Intraday share price targets for Raj Oil (RajOil)
| Target Type | Value |
| Downside Intraday Target | 50.78 |
| Downside Intraday Target | 49.48 |
| Upside Intraday Target | 54.18 |
| Upside Intraday Target | 56.28 |
| Upside Intraday Target | 52.88 |
Weekly technical analysis of Raj Oil (RajOil)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 52.07 | 51.91 | 54.99 | 51.59 | 0.172 times |
| 20 Fri Dec 2024 | 54.93 | 56.37 | 59.10 | 48.00 | 0.128 times |
| 13 Fri Dec 2024 | 55.54 | 59.39 | 62.29 | 54.20 | 0.273 times |
| 06 Fri Dec 2024 | 59.18 | 54.87 | 67.32 | 53.43 | 14.875 times |
| 29 Fri Nov 2024 | 54.87 | 49.10 | 55.70 | 48.65 | 3.285 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 Raj Oil (RajOil)
| Date | Monthly Closing Price | Open | High | Low | Volume |
| 23 Mon Dec 2024 | 52.07 | 54.87 | 67.32 | 48.00 | 7.626 times |
| 29 Fri Nov 2024 | 54.87 | 51.68 | 55.70 | 48.01 | 0.45 times |
| 31 Thu Oct 2024 | 50.83 | 55.30 | 58.40 | 47.20 | 0.672 times |
| 30 Mon Sep 2024 | 54.89 | 54.15 | 62.00 | 51.00 | 0.398 times |
Scroll below to view daily charts
Price has moved down this month, and volume has increased substantially. This means that the move can continue in coming months.
Indicators analysis of Raj Oil (RajOil)
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.
Raj Oil 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 Raj Oil 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Raj Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.83 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj Oil Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) 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 Raj Oil ( (RajOil) ) based on a short to mid term time period is neutral. A longer time frame might give a better analysis.
Price action analysis of Raj Oil ( (RajOil) ) 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 Raj Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.
MACD generated a SELL signal for Raj Oil in short term but the sell signal is initial and weak.
Raj Oil 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 Raj Oil 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 positive zone. This is a BUY zone
Although the stock is in the BUY zone, but buying might be slowing down
Stock of Raj Oil is picking up selling momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 56.83 and Raj Oil (RajOil) 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 Raj Oil (RajOil) stock. Volume based technical analysis of Raj Oil (RajOil) stock is negative.
Raj Oil Stock has given negative returns over a short term period. Returns for a longer term period have been positive
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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