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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 2025-05-16 View latest technical analysis

10 day averaged volume of Raj Oil is 5159

Date	Daily Closing Price	Open	High	Low	Volume
16 Fri May 2025	47.39	46.95	47.97	46.51	0.392 times
15 Thu May 2025	46.95	47.65	48.00	46.63	0.829 times
14 Wed May 2025	46.87	47.50	47.50	46.01	0.452 times
13 Tue May 2025	47.44	46.47	47.50	46.00	1.112 times
12 Mon May 2025	45.92	43.54	48.25	43.53	1.656 times
09 Fri May 2025	43.48	44.10	44.10	42.90	0.955 times
08 Thu May 2025	43.42	44.90	46.50	43.20	2.377 times
07 Wed May 2025	44.58	44.54	45.30	43.21	0.542 times
06 Tue May 2025	43.81	44.20	45.17	43.50	0.534 times
05 Mon May 2025	44.14	45.01	45.40	43.72	0.729 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 48.3 as stoploss in an intra day sell trade for a target of 46.21. However, stock will show a bullish move above 48.3.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	41.01
Downside Target	42.90
Downside Target	46.00
Upside Target	48.25
Upside Target	48.32
Upside Target	49.01
Upside Target	51.89
Upside Target	54.00
Upside Target	59.80
Upside Target	60.36

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	44.53
Downside Intraday Target	41.67
Upside Intraday Target	49.25
Upside Intraday Target	51.11
Downside Intraday Target	46.39

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Fri May 2025	47.39	43.54	48.25	43.53	0.865 times
09 Fri May 2025	43.48	45.01	46.50	42.90	0.888 times
02 Fri May 2025	44.13	45.60	47.21	43.49	0.408 times
25 Fri Apr 2025	46.18	50.51	51.89	43.13	0.185 times
17 Thu Apr 2025	50.49	45.51	59.80	44.10	23.212 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
16 Fri May 2025	47.39	43.93	48.25	42.90	0.103 times
30 Wed Apr 2025	43.93	41.70	59.80	41.01	4.622 times
28 Fri Mar 2025	42.31	48.49	49.01	41.16	0.555 times
28 Fri Feb 2025	47.60	52.10	54.00	46.00	0.393 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 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 mid to longer 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.

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 but the buy signal is initial and weak.

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 tired and bears are picking up momentum.

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 and BUY signal is strong.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 45.1 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.