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

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

Oil India trades in NSE in Exploration & Production sector.

10 day averaged volume of Oil India is 4358508

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	620.15	624.20	638.80	618.05	0.936 times
29 Mon Apr 2024	621.05	634.40	634.55	617.50	0.68 times
26 Fri Apr 2024	628.35	619.25	636.90	616.20	1.45 times
25 Thu Apr 2024	612.50	604.00	620.50	602.05	0.8 times
24 Wed Apr 2024	608.35	594.00	613.80	589.00	0.731 times
23 Tue Apr 2024	590.75	601.00	602.55	588.65	0.523 times
22 Mon Apr 2024	596.80	606.00	616.50	595.00	0.571 times
19 Fri Apr 2024	599.85	604.00	616.90	596.05	0.951 times
18 Thu Apr 2024	603.15	623.00	629.90	600.05	1.084 times
16 Tue Apr 2024	622.95	614.90	634.90	611.10	1.083 times

My analysis of stock is bullish for shortterm, and stock might move up till 630.1 or till 646.5. Use a stoploss of 616.5 and if this stock hits its stoploss, then it can fall down till 602.87

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	305.50
Downside Target	362.40
Downside Target	406.40
Downside Target	423.05
Downside Target	443.35
Downside Target	513.00
Downside Target	582.50
Downside Target	607.80
Upside Target	630.00
Upside Target	638.80
Upside Target	647.00
Upside Target	648.00
Upside Target	669.50

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	612.17
Downside Intraday Target	604.18
Upside Intraday Target	633.47
Upside Intraday Target	646.78
Upside Intraday Target	625.48

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	620.15	634.40	638.80	617.50	0.396 times
26 Fri Apr 2024	628.35	606.00	636.90	588.65	0.777 times
19 Fri Apr 2024	599.85	611.05	636.45	595.50	1.094 times
12 Fri Apr 2024	611.05	634.50	648.00	607.80	0.588 times
05 Fri Apr 2024	628.40	606.30	669.50	582.50	2.39 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 Oil India (OIL)

Date	Monthly Closing Price	Open	High	Low	Volume
30 Tue Apr 2024	620.15	606.30	669.50	582.50	0.903 times
28 Thu Mar 2024	600.25	554.35	647.00	513.00	0.607 times
29 Thu Feb 2024	546.55	427.90	630.00	423.05	2.014 times
31 Wed Jan 2024	426.50	373.50	443.35	362.40	0.63 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 Oil India (OIL)

Price action analysis of Oil India ( (OIL) ) 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 Oil India ( (OIL) ) 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 Oil India ( (OIL) ) 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 Oil India stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.

Oil India 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 green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a buy signal for Oil India 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 612.7 and Oil India (OIL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Oil India (OIL) stock. Volume based technical analysis of Oil India (OIL) stock is negative.

Oil India Stock has given negative 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.