(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 2024-04-24 View latest technical analysis
10 day averaged volume of Oil India is 4853919
Date | Daily Closing Price | Open | High | Low | Volume |
24 Wed Apr 2024 | 608.35 | 594.00 | 613.80 | 589.00 | 0.656 times |
23 Tue Apr 2024 | 590.75 | 601.00 | 602.55 | 588.65 | 0.47 times |
22 Mon Apr 2024 | 596.80 | 606.00 | 616.50 | 595.00 | 0.512 times |
19 Fri Apr 2024 | 599.85 | 604.00 | 616.90 | 596.05 | 0.854 times |
18 Thu Apr 2024 | 603.15 | 623.00 | 629.90 | 600.05 | 0.974 times |
16 Tue Apr 2024 | 622.95 | 614.90 | 634.90 | 611.10 | 0.973 times |
15 Mon Apr 2024 | 621.85 | 611.05 | 636.45 | 595.50 | 1.909 times |
12 Fri Apr 2024 | 611.05 | 632.00 | 637.75 | 607.80 | 1.414 times |
10 Wed Apr 2024 | 631.90 | 631.80 | 648.00 | 626.50 | 1.596 times |
09 Tue Apr 2024 | 629.75 | 628.10 | 636.15 | 618.60 | 0.462 times |
My analysis of stock is bearish for shortterm, and stock might move down till 596.3 or till 577.5. Use a stoploss of 612.01 and if the stock hits stoploss, then it can shoot up till 627.71
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 | 578.75 |
Downside Target | 607.80 |
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 | 592.5 |
Downside Intraday Target | 576.65 |
Upside Intraday Target | 620.35 |
Upside Intraday Target | 632.35 |
Downside Intraday Target | 604.5 |
Weekly technical analysis of Oil India (OIL)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Wed Apr 2024 | 608.35 | 606.00 | 616.50 | 588.65 | 0.348 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 |
28 Thu Mar 2024 | 600.25 | 584.40 | 629.80 | 578.75 | 0.781 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 |
24 Wed Apr 2024 | 608.35 | 606.30 | 669.50 | 582.50 | 0.757 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oil India in short term but BUY signal is weak.
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
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 614.94 and Oil India (OIL) 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 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 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 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 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 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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!
Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up
CCI has generated a buy signal for Oil India in short term but BUY signal is weak.
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
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 614.94 and Oil India (OIL) 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 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 negative.
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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