(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.
Showing technical analysis as on 2024-03-21 View latest technical analysis
10 day averaged volume of Oil India is 5914029
Date | Daily Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 590.95 | 568.95 | 596.60 | 568.50 | 0.671 times |
20 Wed Mar 2024 | 565.20 | 555.00 | 570.00 | 544.80 | 0.603 times |
19 Tue Mar 2024 | 545.70 | 545.00 | 559.15 | 533.35 | 0.929 times |
18 Mon Mar 2024 | 545.20 | 548.50 | 554.05 | 534.30 | 0.473 times |
15 Fri Mar 2024 | 555.65 | 579.50 | 588.70 | 513.00 | 2.921 times |
14 Thu Mar 2024 | 573.15 | 573.80 | 590.50 | 562.00 | 0.688 times |
13 Wed Mar 2024 | 573.80 | 618.65 | 619.35 | 563.15 | 0.953 times |
12 Tue Mar 2024 | 612.70 | 621.50 | 627.25 | 603.00 | 0.802 times |
11 Mon Mar 2024 | 615.35 | 632.90 | 643.00 | 610.50 | 0.84 times |
07 Thu Mar 2024 | 630.10 | 636.00 | 643.55 | 627.35 | 0.691 times |
My analysis of stock is bullish for shortterm, and stock might move up till 615.4 or till 650.2. Use a stoploss of 586.48 and if this stock hits its stoploss, then it can fall down till 557.53
Share price targets for Oil India (OIL)
Target Type | Value |
Downside Target | 293.20 |
Downside Target | 305.50 |
Downside Target | 328.30 |
Downside Target | 362.40 |
Downside Target | 406.40 |
Downside Target | 423.05 |
Downside Target | 443.35 |
Downside Target | 513.00 |
Downside Target | 533.35 |
Downside Target | 544.00 |
Downside Target | 572.85 |
Upside Target | 593.90 |
Upside Target | 630.00 |
Upside Target | 643.00 |
Upside Target | 647.00 |
Intraday share price targets for Oil India (OIL)
Target Type | Value |
Downside Intraday Target | 550.67 |
Downside Intraday Target | 510.38 |
Upside Intraday Target | 613.92 |
Upside Intraday Target | 636.88 |
Downside Intraday Target | 573.63 |
Weekly technical analysis of Oil India (OIL)
Date | Weekly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 590.95 | 548.50 | 596.60 | 533.35 | 0.431 times |
15 Fri Mar 2024 | 555.65 | 632.90 | 643.00 | 513.00 | 1.095 times |
07 Thu Mar 2024 | 630.10 | 594.00 | 647.00 | 593.90 | 1.085 times |
02 Sat Mar 2024 | 592.75 | 587.35 | 598.70 | 544.00 | 0.684 times |
23 Fri Feb 2024 | 591.60 | 576.00 | 630.00 | 572.85 | 0.64 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 Oil India (OIL)
Date | Monthly Closing Price | Open | High | Low | Volume |
21 Thu Mar 2024 | 590.95 | 554.35 | 647.00 | 513.00 | 0.511 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 |
29 Fri Dec 2023 | 372.15 | 308.00 | 406.40 | 305.50 | 3.417 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 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 Oil India ( (OIL) ) 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 Oil India ( (OIL) ) 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Oil India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 575.7 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.
Price action analysis of Oil India ( (OIL) ) 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 Oil India ( (OIL) ) 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 Oil India ( (OIL) ) 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 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 Weak and stock is losing momentum.
MACD generated a SELL signal for Oil India in short term but the sell signal is initial and weak.
MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.
Oil India Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up
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 positive zone. This is a BUY 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 575.7 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.
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Daily charts
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