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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 2024-09-04 View latest technical analysis

10 day averaged volume of Oil India is 13042027

Date	Daily Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	682.25	723.90	727.30	677.60	0.586 times
03 Tue Sep 2024	729.85	720.00	734.00	711.05	0.451 times
02 Mon Sep 2024	726.25	725.35	734.70	717.25	0.44 times
30 Fri Aug 2024	741.00	735.00	767.90	721.00	6.09 times
29 Thu Aug 2024	733.90	727.90	745.00	707.45	0.52 times
28 Wed Aug 2024	726.40	722.00	729.90	703.50	0.434 times
27 Tue Aug 2024	718.55	710.00	729.80	708.00	0.515 times
26 Mon Aug 2024	702.35	687.00	714.00	686.45	0.748 times
23 Fri Aug 2024	681.75	680.80	686.90	675.30	0.247 times
22 Thu Aug 2024	681.15	677.75	684.70	672.75	0.269 times

My analysis of stock is bearish for shortterm, and stock might move down till 650.6 or till 608. Use a stoploss of 686.14 and if the stock hits stoploss, then it can shoot up till 721.64

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	479.35
Downside Target	545.00
Downside Target	568.30
Downside Target	589.05
Downside Target	630.55
Downside Target	655.90
Downside Target	670.05
Upside Target	702.30
Upside Target	734.00
Upside Target	734.70
Upside Target	743.60
Upside Target	767.90

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	661.67
Downside Intraday Target	641.08
Upside Intraday Target	718.77
Upside Intraday Target	755.28
Upside Intraday Target	698.18

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Wed Sep 2024	682.25	725.35	734.70	677.60	0.178 times
30 Fri Aug 2024	741.00	687.00	767.90	686.45	5.222 times
23 Fri Aug 2024	681.75	690.00	702.30	670.05	0.378 times
16 Fri Aug 2024	677.70	642.50	714.30	630.55	0.877 times
09 Fri Aug 2024	643.95	590.90	655.90	568.30	1.17 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
04 Wed Sep 2024	682.25	725.35	734.70	677.60	0.07 times
30 Fri Aug 2024	741.00	583.40	767.90	568.30	1.342 times
31 Wed Jul 2024	577.55	733.45	734.00	479.35	2.382 times
28 Fri Jun 2024	723.05	689.85	743.60	545.00	1.069 times

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 in or below the green 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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL 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 728.65 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.