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

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

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

Showing technical analysis as on 2024-12-10 View latest technical analysis

10 day averaged volume of Raj Oil is 53475

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	57.16	61.09	61.09	56.05	0.497 times
09 Mon Dec 2024	61.09	58.74	62.00	58.10	1.491 times
06 Fri Dec 2024	58.74	57.50	67.15	56.50	7.283 times
05 Thu Dec 2024	55.96	54.33	57.79	54.33	0.2 times
04 Wed Dec 2024	55.32	55.95	56.20	54.00	0.077 times
03 Tue Dec 2024	55.95	56.10	56.70	53.11	0.081 times
02 Mon Dec 2024	55.13	56.85	56.85	52.50	0.162 times
29 Fri Nov 2024	54.47	55.74	56.08	53.27	0.129 times
28 Thu Nov 2024	54.94	52.67	55.55	51.65	0.305 times
27 Wed Nov 2024	52.66	50.92	52.80	50.90	0.17 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 56.5, but if it comes below 56.5, then a intra day sell could be more profitable.
If you take a sell trade below 56.5, then use 56.5 as stoploss and 52.92 as target. However if you take a buy trade in stock , then use 56.5 as stoploss and 60.9 as target.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	50.89
Downside Target	56.05
Downside Target	56.08
Upside Target	58.52
Upside Target	60.00
Upside Target	62.00
Upside Target	64.33
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	54.81
Downside Intraday Target	52.45
Upside Intraday Target	60.76
Upside Intraday Target	64.35
Upside Intraday Target	58.4

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	57.16	58.74	62.00	56.05	0.255 times
06 Fri Dec 2024	58.74	56.85	67.15	52.50	10.383 times
29 Fri Nov 2024	54.47	50.00	56.08	49.05	4.479 times
22 Fri Nov 2024	49.92	48.11	50.89	47.76	0.592 times
14 Thu Nov 2024	48.61	51.00	51.24	48.11	0.428 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 (ROML)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Tue Dec 2024	57.16	56.85	67.15	52.50	4.972 times
29 Fri Nov 2024	54.47	51.49	56.08	47.76	0.265 times
31 Thu Oct 2024	50.47	55.00	58.52	46.10	0.603 times
30 Mon Sep 2024	53.85	56.00	60.00	53.02	0.66 times

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can continue in coming months.

Indicators analysis of Raj Oil (ROML)

Price action analysis of Raj Oil ( (ROML) ) 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 Raj Oil ( (ROML) ) based on a short to mid 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 Raj Oil ( (ROML) ) 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Raj Oil in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying 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 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 58.58 and Raj Oil (ROML) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

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

Raj Oil Stock is giving positive 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.