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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 2024-10-14 View latest technical analysis

10 day averaged volume of Oil India is 4695004

Date	Daily Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	586.30	588.00	590.95	573.20	0.423 times
11 Fri Oct 2024	584.55	575.00	589.00	571.10	0.395 times
10 Thu Oct 2024	572.50	580.00	594.00	570.20	0.694 times
09 Wed Oct 2024	574.35	563.00	577.00	558.05	0.72 times
08 Tue Oct 2024	565.60	549.45	567.75	540.90	0.812 times
07 Mon Oct 2024	547.35	570.00	575.00	542.30	0.943 times
04 Fri Oct 2024	572.75	544.15	578.00	543.90	2.427 times
03 Thu Oct 2024	538.80	574.40	577.00	534.90	1.637 times
01 Tue Oct 2024	568.75	572.50	583.90	567.90	0.417 times
30 Mon Sep 2024	580.65	586.95	590.00	573.30	0.707 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 595.1 as stoploss in an intra day sell trade for a target of 577.41. However, stock will show a bullish move above 595.1.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	479.35
Downside Target	534.90
Downside Target	568.30
Upside Target	590.00
Upside Target	594.00
Upside Target	605.00
Upside Target	627.90
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	576.02
Downside Intraday Target	565.73
Upside Intraday Target	593.77
Upside Intraday Target	601.23
Downside Intraday Target	583.48

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Mon Oct 2024	586.30	588.00	590.95	573.20	0.119 times
11 Fri Oct 2024	584.55	570.00	594.00	540.90	0.687 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

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
14 Mon Oct 2024	586.30	572.50	594.00	534.90	0.275 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 up 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 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 short to mid 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 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 and selling is picking up 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 565.12 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.