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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 2024-07-26 View latest technical analysis

10 day averaged volume of Oil India is 13892300

Date Daily Closing Price Open High Low Volume
26 Fri Jul 2024 560.65 575.00 576.90 557.45 0.495 times
25 Thu Jul 2024 566.90 542.00 594.50 538.40 1.57 times
24 Wed Jul 2024 543.50 549.80 560.80 541.40 0.427 times
23 Tue Jul 2024 548.35 563.10 575.80 512.00 1.032 times
22 Mon Jul 2024 555.25 562.00 565.20 546.05 0.643 times
19 Fri Jul 2024 571.10 580.00 580.00 556.65 0.662 times
18 Thu Jul 2024 584.90 622.00 624.70 580.00 0.905 times
16 Tue Jul 2024 618.50 640.00 640.00 615.00 0.795 times
15 Mon Jul 2024 638.70 598.00 644.50 592.10 1.136 times
12 Fri Jul 2024 614.45 572.00 653.00 562.00 2.087 times

My analysis of stock is bearish for shortterm, and stock might move down till 496.1 or till 414.9. Use a stoploss of 563.74 and if the stock hits stoploss, then it can shoot up till 631.4

Share price targets for Oil India (OIL)

Target Type Value
Downside Target 479.35
Downside Target 490.05
Downside Target 512.00
Downside Target 545.00
Downside Target 556.65
Upside Target 582.50
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 516.93
Downside Intraday Target 473.22
Upside Intraday Target 599.43
Upside Intraday Target 638.22
Downside Intraday Target 555.72

Weekly technical analysis of Oil India (OIL)

Date Weekly Closing Price Open High Low Volume
26 Fri Jul 2024 560.65 562.00 594.50 512.00 1.191 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
26 Fri Jul 2024 560.65 733.45 734.00 479.35 2.094 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Oil India in short term but the buy 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 red color and prices are below the red cloud Prices appear to be coming down

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

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 587.53 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 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 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 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 Weak and stock is losing momentum.

MACD generated a BUY signal for Oil India in short term but the buy 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 red color and prices are below the red cloud Prices appear to be coming down

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

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 587.53 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 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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