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

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

10 day averaged volume of Raj Oil is 6798

Date Daily Closing Price Open High Low Volume
27 Mon Feb 2023 44.85 44.85 44.85 44.85 0.036 times
20 Mon Feb 2023 47.20 47.20 48.00 47.20 1.293 times
13 Mon Feb 2023 49.65 51.80 51.80 49.35 0.831 times
10 Fri Feb 2023 51.80 51.80 51.85 47.15 3.322 times
09 Thu Feb 2023 49.40 49.40 49.40 49.40 0.353 times
08 Wed Feb 2023 64.10 64.10 64.10 64.10 1.001 times
07 Tue Feb 2023 61.05 61.00 61.05 61.00 1.617 times
06 Mon Feb 2023 58.15 53.20 58.15 53.20 1.116 times
03 Fri Feb 2023 55.40 55.90 56.60 55.00 0.353 times
02 Thu Feb 2023 54.70 54.30 55.75 52.85 0.112 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 45.3, for a target of 50.6 or 55.05

Share price targets for Raj Oil (ROML_BE)

Target Type Value
Downside Target 44.85
Upside Target 47.15
Upside Target 49.35
Upside Target 51.80
Upside Target 52.85
Upside Target 56.90
Upside Target 59.70
Upside Target 61.00
Upside Target 62.50
Upside Target 64.00
Upside Target 64.10

Intraday share price targets for Raj Oil (ROML_BE)

Target Type Value
Downside Intraday Target 44.85
Downside Intraday Target 44.85
Downside Intraday Target 44.85
Downside Intraday Target 44.85
Downside Intraday Target 44.85

Weekly technical analysis of Raj Oil (ROML_BE)

Date Weekly Closing Price Open High Low Volume
27 Mon Feb 2023 44.85 44.85 44.85 44.85 0.028 times
20 Mon Feb 2023 47.20 47.20 48.00 47.20 1.557 times
13 Mon Feb 2023 49.65 51.80 51.80 49.35 0.112 times
10 Fri Feb 2023 51.80 53.20 64.10 47.15 9.305 times
03 Fri Feb 2023 55.40 54.50 56.90 52.85 0.806 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_BE)

Date Monthly Closing Price Open High Low Volume
27 Mon Feb 2023 44.85 56.20 64.10 44.85 1.233 times
31 Tue Jan 2023 56.05 59.65 61.00 53.55 0.695 times
30 Fri Dec 2022 59.95 59.95 64.00 55.15 0.757 times
30 Wed Nov 2022 58.95 56.50 62.50 54.10 1.558 times

Scroll below to view daily charts

Price has moved down 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_BE)

Price action analysis of Raj Oil ( (ROML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Oil ( (ROML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Oil ( (ROML_BE) ) 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_BE) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 54.5 and Raj Oil (ROML_BE) 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_BE) stock. Volume based technical analysis of Raj Oil (ROML_BE) 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.

Price action analysis of Raj Oil ( (ROML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Oil ( (ROML_BE) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Raj Oil ( (ROML_BE) ) 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_BE) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Raj Oil stock for short term is SELL. Signal strength is Strong 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 getting stronger in this stock.

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

CCI has generated a SELL signal for Raj Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 54.5 and Raj Oil (ROML_BE) 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_BE) stock. Volume based technical analysis of Raj Oil (ROML_BE) 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.

Click here for Raj Oil charts

Click here for further forecast and predictions for tomorrow

Daily charts

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