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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 2025-02-04 View latest technical analysis

10 day averaged volume of Raj Oil is 9646

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	51.54	51.51	52.72	51.16	0.093 times
03 Mon Feb 2025	51.92	52.10	52.10	51.35	0.09 times
31 Fri Jan 2025	50.58	50.70	52.00	49.70	0.437 times
30 Thu Jan 2025	50.56	50.64	50.88	50.02	0.612 times
29 Wed Jan 2025	49.92	49.48	51.04	48.32	0.883 times
28 Tue Jan 2025	49.48	52.98	53.59	48.51	1.121 times
27 Mon Jan 2025	51.98	55.86	55.86	51.60	1.44 times
24 Fri Jan 2025	54.69	57.20	57.20	54.00	1.361 times
23 Thu Jan 2025	56.06	55.68	56.75	54.32	1.228 times
22 Wed Jan 2025	54.79	57.45	58.80	54.25	2.115 times

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 51.1 as stoploss in an intra day buy trade for a target of 53.41. However, stock will show a bearish move below 51.1.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	50.55
Upside Target	52.52
Upside Target	54.00
Upside Target	55.86
Upside Target	56.08
Upside Target	58.52
Upside Target	58.80
Upside Target	59.51
Upside Target	59.95
Upside Target	60.36
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	50.89
Downside Intraday Target	50.25
Upside Intraday Target	52.45
Upside Intraday Target	53.37
Upside Intraday Target	51.81

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	51.54	52.10	52.72	51.16	0.041 times
31 Fri Jan 2025	50.58	55.86	55.86	48.32	0.78 times
24 Fri Jan 2025	54.69	55.50	58.80	54.00	0.292 times
17 Fri Jan 2025	55.49	53.20	59.51	50.55	2.147 times
10 Fri Jan 2025	53.21	58.95	59.95	52.52	0.598 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 Raj Oil (ROML)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Tue Feb 2025	51.54	52.10	52.72	51.16	0.003 times
31 Fri Jan 2025	50.58	52.66	60.36	48.32	0.813 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Raj Oil ( (ROML) ) based on a short 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 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 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 Weak and stock is gaining momentum.

MACD generated a SELL signal for Raj Oil in short term and the sell signal is strong.

Raj Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Raj Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 52.89 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 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.