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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 2025-01-14 View latest technical analysis

10 day averaged volume of Raj Oil is 25342

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	53.10	52.00	59.33	51.81	2.589 times
13 Mon Jan 2025	52.01	53.20	54.19	50.55	0.749 times
10 Fri Jan 2025	53.21	57.14	57.14	52.52	0.581 times
09 Thu Jan 2025	57.14	58.49	58.96	56.22	0.149 times
08 Wed Jan 2025	57.22	58.15	58.80	56.12	0.47 times
07 Tue Jan 2025	58.12	59.44	59.44	56.83	0.532 times
06 Mon Jan 2025	59.03	58.95	59.95	56.54	1.767 times
03 Fri Jan 2025	59.04	54.98	60.36	52.62	5.101 times
02 Thu Jan 2025	53.86	52.47	55.00	51.51	0.39 times
01 Wed Jan 2025	52.66	52.66	52.98	51.79	0.064 times

Stock of Raj Oil (ROML) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 51.9 as stoploss in an intra day buy trade for a target of 54.38. However, stock will show a bearish move below 51.9.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	50.55
Upside Target	55.00
Upside Target	58.52
Upside Target	58.94
Upside Target	59.33
Upside Target	59.95
Upside Target	60.00
Upside Target	60.36
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	49.32
Downside Intraday Target	45.55
Upside Intraday Target	58.1
Upside Intraday Target	63.11
Upside Intraday Target	54.33

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	53.10	53.20	59.33	50.55	0.954 times
10 Fri Jan 2025	53.21	58.95	59.95	52.52	0.598 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

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
14 Tue Jan 2025	53.10	52.66	60.36	50.55	0.492 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 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 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 SELL signal for Raj Oil in short term but the sell signal is initial and weak.

Raj Oil 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 moving up

CCI has generated a buy signal for Raj Oil in short term but BUY 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 56.77 and Raj Oil (ROML) 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 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.