Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-04-04 View latest technical analysis

10 day averaged volume of Oil India is 5584313

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	621.75	639.00	641.60	613.35	1.018 times
03 Wed Apr 2024	635.65	630.10	669.50	625.10	2.404 times
02 Tue Apr 2024	630.10	595.00	635.00	590.15	1.255 times
01 Mon Apr 2024	591.00	606.30	608.50	582.50	0.765 times
28 Thu Mar 2024	600.25	603.95	611.00	592.20	0.617 times
27 Wed Mar 2024	598.80	611.95	629.80	592.05	1.054 times
26 Tue Mar 2024	611.45	584.40	615.70	578.75	0.993 times
22 Fri Mar 2024	581.75	592.15	595.95	578.75	0.579 times
21 Thu Mar 2024	590.95	568.95	596.60	568.50	0.71 times
20 Wed Mar 2024	565.20	555.00	570.00	544.80	0.638 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 626.4 as stoploss in an intra day sell trade for a target of 597.2. However, stock will show a bullish move above 626.4.

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	533.35
Downside Target	578.75
Upside Target	629.80
Upside Target	643.00
Upside Target	647.00
Upside Target	669.50

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	579.67
Downside Intraday Target	537.58
Upside Intraday Target	666.67
Upside Intraday Target	711.58
Upside Intraday Target	624.58

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	621.75	606.30	669.50	582.50	2.042 times
28 Thu Mar 2024	600.25	584.40	629.80	578.75	0.781 times
22 Fri Mar 2024	581.75	548.50	596.60	533.35	0.519 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Oil India (OIL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	621.75	606.30	669.50	582.50	0.263 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 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 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 losing momentum.

MACD generated a BUY signal for Oil India in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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

CCI has generated a SELL signal for Oil India in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 610.94 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 rising upwards.

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 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.