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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.

Showing technical analysis as on 2024-04-15 View latest technical analysis

10 day averaged volume of Oil India is 5992059

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	621.85	611.05	636.45	595.50	1.547 times
12 Fri Apr 2024	611.05	632.00	637.75	607.80	1.145 times
10 Wed Apr 2024	631.90	631.80	648.00	626.50	1.293 times
09 Tue Apr 2024	629.75	628.10	636.15	618.60	0.374 times
08 Mon Apr 2024	624.60	634.50	644.00	618.50	0.677 times
05 Fri Apr 2024	628.40	624.85	648.60	622.20	0.864 times
04 Thu Apr 2024	621.75	639.00	641.60	613.35	0.948 times
03 Wed Apr 2024	635.65	630.10	669.50	625.10	2.24 times
02 Tue Apr 2024	630.10	595.00	635.00	590.15	1.17 times
01 Mon Apr 2024	591.00	606.30	608.50	582.50	0.713 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 628.9 as stoploss in an intra day sell trade for a target of 599.71. However, stock will show a bullish move above 628.9.

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
Downside Target	595.50
Upside Target	629.80
Upside Target	636.45
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	599.42
Downside Intraday Target	576.98
Upside Intraday Target	640.37
Upside Intraday Target	658.88
Downside Intraday Target	617.93

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Apr 2024	621.85	611.05	636.45	595.50	0.443 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
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

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
15 Mon Apr 2024	621.85	606.30	669.50	582.50	0.57 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 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 Oil India ( (OIL) ) based on a short 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 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 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.

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 getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

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

RSI is generating a BUY signal in short term but buying is losing 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 624.54 and Oil India (OIL) stock is trading below this level. This means that stock is falling with high volumes. 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.