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(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 2025-01-06 View latest technical analysis

10 day averaged volume of Raj Oil is 18307

Date	Daily Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	59.03	58.95	59.95	56.54	2.446 times
03 Fri Jan 2025	59.04	54.98	60.36	52.62	7.061 times
02 Thu Jan 2025	53.86	52.47	55.00	51.51	0.54 times
01 Wed Jan 2025	52.66	52.66	52.98	51.79	0.089 times
31 Tue Dec 2024	52.66	52.45	53.25	51.41	0.272 times
30 Mon Dec 2024	51.69	51.86	52.98	51.21	0.141 times
27 Fri Dec 2024	51.86	53.88	53.89	51.50	0.33 times
26 Thu Dec 2024	52.59	53.25	54.32	51.52	0.218 times
24 Tue Dec 2024	52.91	52.44	55.00	51.51	0.383 times
23 Mon Dec 2024	51.93	52.15	52.79	51.21	0.423 times

Stock of Raj Oil (ROML) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 57.9, but if it comes below 57.9, then a intra day sell could be more profitable.
If you take a sell trade below 57.9, then use 57.9 as stoploss and 55.13 as target. However if you take a buy trade in stock , then use 57.9 as stoploss and 61.3 as target.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	51.21
Downside Target	54.99
Downside Target	58.52
Downside Target	58.94
Upside Target	59.95
Upside Target	60.00
Upside Target	60.36
Upside Target	62.00
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	57.06
Downside Intraday Target	55.1
Upside Intraday Target	60.47
Upside Intraday Target	61.92
Downside Intraday Target	58.51

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Mon Jan 2025	59.03	58.95	59.95	56.54	0.302 times
03 Fri Jan 2025	59.04	51.86	60.36	51.21	5.982 times
27 Fri Dec 2024	51.86	52.15	55.00	51.21	0.667 times
20 Fri Dec 2024	52.06	56.38	58.94	52.00	0.245 times
13 Fri Dec 2024	55.26	58.74	62.00	54.99	0.363 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
06 Mon Jan 2025	59.03	52.66	60.36	51.51	0.291 times
31 Tue Dec 2024	52.66	56.85	67.15	51.21	6.062 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

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 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 gaining 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 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 buy signal for Raj Oil in short term and BUY signal is strong.

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 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 57.75 and Raj Oil (ROML) 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 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.