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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 2024-09-20 View latest technical analysis

10 day averaged volume of Oil India is 476970

Date Daily Closing Price Open High Low Volume
20 Fri Sep 2024 562.40 577.70 582.60 560.00 0.779 times
19 Thu Sep 2024 571.60 594.75 602.20 553.90 0.908 times
18 Wed Sep 2024 594.75 626.20 627.75 591.00 1.04 times
17 Tue Sep 2024 615.45 612.75 627.60 597.75 0.829 times
16 Mon Sep 2024 607.55 587.70 609.50 577.70 1.108 times
13 Fri Sep 2024 585.65 578.90 587.80 574.50 0.346 times
12 Thu Sep 2024 578.90 582.60 588.65 565.55 0.986 times
11 Wed Sep 2024 581.70 608.40 608.40 570.00 1.366 times
10 Tue Sep 2024 609.15 640.00 645.65 606.00 0.668 times
09 Mon Sep 2024 634.70 625.50 639.50 606.60 1.443 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 586.8, but if it comes above 586.8, then a intra day buy could be more profitable.
If you take a sell trade below 586.8, then use 586.8 as stoploss and 511.8 as target. However if you take a buy trade in stock , then use 586.8 as stoploss and 649.28 as target.

Share price targets for Oil India (OilIndia)

Target Type Value
Downside Target 479.70
Downside Target 544.75
Upside Target 565.55
Upside Target 589.00
Upside Target 625.20
Upside Target 645.65
Upside Target 669.95
Upside Target 702.60
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 534.95
Downside Intraday Target 507.5
Upside Intraday Target 608.8
Upside Intraday Target 655.2
Upside Intraday Target 581.35

Weekly technical analysis of Oil India (OilIndia)

Date Weekly Closing Price Open High Low Volume
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
06 Fri Sep 2024 627.10 726.90 734.85 625.20 0.628 times
30 Fri Aug 2024 740.35 685.35 767.30 685.35 3.179 times
23 Fri Aug 2024 682.05 690.85 702.60 669.95 0.302 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
20 Fri Sep 2024 562.40 726.90 734.85 553.90 0.519 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
28 Fri Jun 2024 722.75 680.05 743.30 544.75 0.957 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Oil India ( (OilIndia) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 getting stronger in this stock.

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 Oil India in short term and SELL signal is strong!

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 596.42 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Oil India ( (OilIndia) ) based on a short term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 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 getting stronger in this stock.

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 Oil India in short term and SELL signal is strong!

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 596.42 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.

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