Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(OIL) Oil India complete technical analysis [charts+indicators] | Buy/Sell Oil India | (OIL) share price targets

Complete technical analysis of Oil India (OIL) by charts plus indicators, forecast predictions and share price targets for Oil India (OIL)

Oil India trades in NSE in Exploration & Production sector.

Showing technical analysis as on 2024-03-27 View latest technical analysis

10 day averaged volume of Oil India is 5632922

Date	Daily Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	598.80	611.95	629.80	592.05	1.045 times
26 Tue Mar 2024	611.45	584.40	615.70	578.75	0.985 times
22 Fri Mar 2024	581.75	592.15	595.95	578.75	0.574 times
21 Thu Mar 2024	590.95	568.95	596.60	568.50	0.704 times
20 Wed Mar 2024	565.20	555.00	570.00	544.80	0.633 times
19 Tue Mar 2024	545.70	545.00	559.15	533.35	0.976 times
18 Mon Mar 2024	545.20	548.50	554.05	534.30	0.497 times
15 Fri Mar 2024	555.65	579.50	588.70	513.00	3.067 times
14 Thu Mar 2024	573.15	573.80	590.50	562.00	0.722 times
13 Wed Mar 2024	573.80	618.65	619.35	563.15	1.001 times

My analysis of stock is bullish for shortterm, and stock might move up till 618.4 or till 653.3. Use a stoploss of 589.28 and if this stock hits its stoploss, then it can fall down till 560.16

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	293.20
Downside Target	305.50
Downside Target	328.30
Downside Target	362.40
Downside Target	406.40
Downside Target	423.05
Downside Target	443.35
Downside Target	513.00
Downside Target	533.35
Downside Target	544.00
Downside Target	578.75
Downside Target	593.90
Upside Target	629.80
Upside Target	643.00
Upside Target	647.00

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	575.1
Downside Intraday Target	551.4
Upside Intraday Target	626.15
Upside Intraday Target	653.5
Upside Intraday Target	602.45

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	598.80	584.40	629.80	578.75	0.6 times
22 Fri Mar 2024	581.75	548.50	596.60	533.35	0.519 times
15 Fri Mar 2024	555.65	632.90	643.00	513.00	1.095 times
07 Thu Mar 2024	630.10	594.00	647.00	593.90	1.085 times
02 Sat Mar 2024	592.75	587.35	598.70	544.00	0.684 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 (OIL)

Date	Monthly Closing Price	Open	High	Low	Volume
27 Wed Mar 2024	598.80	554.35	647.00	513.00	0.588 times
29 Thu Feb 2024	546.55	427.90	630.00	423.05	2.014 times
31 Wed Jan 2024	426.50	373.50	443.35	362.40	0.63 times
29 Fri Dec 2023	372.15	308.00	406.40	305.50	3.417 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 (OIL)

Price action analysis of Oil India ( (OIL) ) based on a short 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.

Price action analysis of Oil India ( (OIL) ) 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 ( (OIL) ) 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 gaining momentum.

MACD generated a SELL signal for Oil India in short term but the sell 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Oil India in short term and BUY signal is strong.

RSI is generating a BUY signal in short term but buying is losing 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 571.51 and Oil India (OIL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Oil India (OIL) stock. Volume based technical analysis of Oil India (OIL) stock is negative.

Oil India 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.