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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 2024-10-10 View latest technical analysis

10 day averaged volume of Oil India is 5160963

Date	Daily Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	572.50	580.00	594.00	570.20	0.632 times
09 Wed Oct 2024	574.35	563.00	577.00	558.05	0.655 times
08 Tue Oct 2024	565.60	549.45	567.75	540.90	0.738 times
07 Mon Oct 2024	547.35	570.00	575.00	542.30	0.858 times
04 Fri Oct 2024	572.75	544.15	578.00	543.90	2.208 times
03 Thu Oct 2024	538.80	574.40	577.00	534.90	1.49 times
01 Tue Oct 2024	568.75	572.50	583.90	567.90	0.38 times
30 Mon Sep 2024	580.65	586.95	590.00	573.30	0.643 times
27 Fri Sep 2024	586.75	564.00	595.00	558.00	1.135 times
26 Thu Sep 2024	564.20	579.75	579.75	554.80	1.068 times

My analysis of stock is bearish for shortterm, and stock might move down till 559.5 or till 538.4. Use a stoploss of 577.1 and if the stock hits stoploss, then it can shoot up till 594.67

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	479.35
Downside Target	534.90
Upside Target	590.00
Upside Target	594.00
Upside Target	605.00
Upside Target	627.90
Upside Target	645.00
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	544.27
Downside Intraday Target	516.03
Upside Intraday Target	597.37
Upside Intraday Target	622.23
Downside Intraday Target	569.13

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Thu Oct 2024	572.50	570.00	594.00	540.90	0.611 times
04 Fri Oct 2024	572.75	586.95	590.00	534.90	0.997 times
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

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
10 Thu Oct 2024	572.50	572.50	594.00	534.90	0.248 times
30 Mon Sep 2024	580.65	725.35	734.70	553.85	0.526 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

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 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 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 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 mid to longer term time period is neutral. A longer time frame might give a better analysis.

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. Bulls 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 and BUY 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

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 565.98 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 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.