(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 2024-08-08 View latest technical analysis
10 day averaged volume of Oil India is 662708
| Date | Daily Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 612.70 | 617.95 | 618.15 | 597.05 | 0.726 times |
| 07 Wed Aug 2024 | 617.95 | 590.00 | 624.65 | 586.05 | 2.14 times |
| 06 Tue Aug 2024 | 571.30 | 570.45 | 591.50 | 569.90 | 0.299 times |
| 05 Mon Aug 2024 | 574.75 | 585.25 | 597.60 | 568.05 | 0.896 times |
| 02 Fri Aug 2024 | 606.10 | 595.25 | 614.40 | 590.00 | 1.252 times |
| 01 Thu Aug 2024 | 599.05 | 582.05 | 615.00 | 582.05 | 0.892 times |
| 31 Wed Jul 2024 | 577.35 | 589.95 | 589.95 | 576.20 | 0.409 times |
| 30 Tue Jul 2024 | 584.25 | 583.90 | 605.00 | 575.25 | 1.024 times |
| 29 Mon Jul 2024 | 580.40 | 569.65 | 592.50 | 557.20 | 0.612 times |
| 26 Fri Jul 2024 | 560.60 | 574.25 | 576.95 | 556.85 | 0.599 times |
My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 610.7, but if it comes below 610.7, then a intra day sell could be more profitable.
If you take a sell trade below 610.7, then use 610.7 as stoploss and 584 as target. However if you take a buy trade in stock , then use 610.7 as stoploss and 642.6 as target.
Share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Target | 479.70 |
| Downside Target | 490.05 |
| Downside Target | 512.20 |
| Downside Target | 544.75 |
| Downside Target | 556.50 |
| Downside Target | 582.65 |
| Upside Target | 615.00 |
| Upside Target | 645.00 |
| Upside Target | 652.50 |
| Upside Target | 669.05 |
| Upside Target | 675.50 |
| Upside Target | 734.55 |
| Upside Target | 743.30 |
Intraday share price targets for Oil India (OilIndia)
| Target Type | Value |
| Downside Intraday Target | 578.95 |
| Downside Intraday Target | 545.2 |
| Upside Intraday Target | 635.55 |
| Upside Intraday Target | 658.4 |
| Downside Intraday Target | 601.8 |
Weekly technical analysis of Oil India (OilIndia)
| Date | Weekly Closing Price | Open | High | Low | Volume |
| 08 Thu Aug 2024 | 612.70 | 585.25 | 624.65 | 568.05 | 0.969 times |
| 02 Fri Aug 2024 | 606.10 | 569.65 | 615.00 | 557.20 | 0.907 times |
| 26 Fri Jul 2024 | 560.60 | 560.10 | 594.40 | 512.20 | 1.049 times |
| 19 Fri Jul 2024 | 571.35 | 600.00 | 645.00 | 556.50 | 1.155 times |
| 12 Fri Jul 2024 | 617.65 | 493.95 | 652.50 | 490.05 | 1.713 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 Thu Aug 2024 | 612.70 | 582.05 | 624.65 | 568.05 | 0.363 times |
| 31 Wed Jul 2024 | 577.35 | 734.55 | 734.55 | 479.70 | 2.315 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 |
Scroll below to view daily charts
Price has moved up 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Oil India in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Oil India in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 595.73 and Oil India (OilIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. 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 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 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 to mid 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 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 BUY. Signal strength is Strong and stock is losing momentum.
MACD generated a BUY signal for Oil India in short term but the buy signal is initial and weak.
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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.
Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Oil India in short term but SELL signal is weak.
RSI is generating a BUY signal in short term and the buying is gaining 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 595.73 and Oil India (OilIndia) stock is trading above this level. This is a good sign for the stock and it could move higher. 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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