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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 2024-09-27 View latest technical analysis

10 day averaged volume of Oil India is 6567319

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	586.75	564.00	595.00	558.00	0.892 times
26 Thu Sep 2024	564.20	579.75	579.75	554.80	0.839 times
25 Wed Sep 2024	578.70	594.95	605.00	577.00	0.649 times
24 Tue Sep 2024	592.60	587.00	594.90	581.00	0.578 times
23 Mon Sep 2024	582.05	565.00	586.50	557.15	0.762 times
20 Fri Sep 2024	562.80	580.00	582.50	560.00	1.447 times
19 Thu Sep 2024	571.45	595.00	602.50	553.85	1.385 times
18 Wed Sep 2024	595.00	626.00	627.00	590.85	1.123 times
17 Tue Sep 2024	615.45	612.05	627.90	597.55	1.409 times
16 Mon Sep 2024	607.60	585.00	609.95	577.70	0.98 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 564.9 as stoploss in an intra day buy trade for a target of 613.3. However, stock will show a bearish move below 564.9.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	479.35
Downside Target	545.00
Upside Target	589.05
Upside Target	605.00
Upside Target	625.50
Upside Target	645.00
Upside Target	675.00
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	559.37
Downside Intraday Target	531.98
Upside Intraday Target	609.57
Upside Intraday Target	632.38
Downside Intraday Target	582.18

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	586.75	565.00	605.00	554.80	0.586 times
20 Fri Sep 2024	562.80	585.00	627.90	553.85	1.023 times
13 Fri Sep 2024	585.60	626.10	645.00	565.30	1.175 times
06 Fri Sep 2024	626.95	725.35	734.70	625.50	0.32 times
30 Fri Aug 2024	741.00	687.00	767.90	686.45	5.222 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
27 Fri Sep 2024	586.75	725.35	734.70	553.85	0.514 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Oil India ( (OIL) ) based on a short to mid 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 mid to longer 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.

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

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 getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red 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 SELL signal in short term but selling is losing 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 585.75 and Oil India (OIL) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.