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 2024-07-24 View latest technical analysis

10 day averaged volume of Oil India is 11605355

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	543.50	549.80	560.80	541.40	0.511 times
23 Tue Jul 2024	548.35	563.10	575.80	512.00	1.236 times
22 Mon Jul 2024	555.25	562.00	565.20	546.05	0.77 times
19 Fri Jul 2024	571.10	580.00	580.00	556.65	0.793 times
18 Thu Jul 2024	584.90	622.00	624.70	580.00	1.083 times
16 Tue Jul 2024	618.50	640.00	640.00	615.00	0.952 times
15 Mon Jul 2024	638.70	598.00	644.50	592.10	1.36 times
12 Fri Jul 2024	614.45	572.00	653.00	562.00	2.498 times
11 Thu Jul 2024	551.00	514.70	583.45	513.50	0.888 times
10 Wed Jul 2024	512.85	512.80	515.00	494.05	0.217 times

My analysis of stock is bearish for shortterm, and stock might move down till 498.1 or till 402.7. Use a stoploss of 577.67 and if the stock hits stoploss, then it can shoot up till 657.2

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	479.35
Downside Target	490.05
Downside Target	512.00
Upside Target	545.00
Upside Target	556.65
Upside Target	575.80
Upside Target	644.50
Upside Target	669.50
Upside Target	675.00
Upside Target	691.60
Upside Target	734.00
Upside Target	743.60

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	511.73
Downside Intraday Target	479.97
Upside Intraday Target	575.53
Upside Intraday Target	607.57
Upside Intraday Target	543.77

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	543.50	562.00	575.80	512.00	0.601 times
19 Fri Jul 2024	571.10	598.00	644.50	556.65	0.981 times
12 Fri Jul 2024	614.45	492.90	653.00	490.05	2.041 times
05 Fri Jul 2024	489.50	733.45	734.00	479.35	1.345 times
28 Fri Jun 2024	723.05	704.95	743.60	691.60	1.026 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
24 Wed Jul 2024	543.50	733.45	734.00	479.35	1.761 times
28 Fri Jun 2024	723.05	689.85	743.60	545.00	1.069 times
31 Fri May 2024	635.70	624.20	675.00	589.05	0.773 times
30 Tue Apr 2024	620.15	606.30	669.50	582.50	0.903 times

Scroll below to view daily charts

Price has moved down this month, and volume has increased substantially. This means that the move can 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 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 SELL. Signal strength is Strong and stock is losing momentum.

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

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 red color and prices are below the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 588.12 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 is giving positive 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.