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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 2024-11-18 View latest technical analysis

10 day averaged volume of Oil India is 2603825

Date	Daily Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	472.45	475.45	481.85	464.00	0.384 times
14 Thu Nov 2024	475.45	476.00	482.60	464.35	0.812 times
13 Wed Nov 2024	480.85	494.40	501.40	475.00	0.864 times
12 Tue Nov 2024	496.65	506.50	511.85	492.70	0.443 times
11 Mon Nov 2024	506.50	505.00	510.85	492.90	0.46 times
08 Fri Nov 2024	508.55	524.55	524.55	501.80	0.968 times
07 Thu Nov 2024	524.55	528.55	535.85	513.15	1.353 times
06 Wed Nov 2024	525.10	503.00	531.20	495.30	2.301 times
05 Tue Nov 2024	495.60	470.00	498.50	467.15	1.489 times
04 Mon Nov 2024	472.30	473.65	476.60	459.05	1.15 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 473.9, but if it comes above 473.9, then a intra day buy could be more profitable.
If you take a sell trade below 473.9, then use 473.9 as stoploss and 449.9 as target. However if you take a buy trade in stock , then use 473.9 as stoploss and 493.83 as target.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	459.05
Upside Target	479.35
Upside Target	491.95
Upside Target	511.85
Upside Target	534.65
Upside Target	535.85
Upside Target	553.85
Upside Target	568.30
Upside Target	594.00
Upside Target	734.00
Upside Target	734.70
Upside Target	767.90

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	463.68
Downside Intraday Target	454.92
Upside Intraday Target	481.53
Upside Intraday Target	490.62
Upside Intraday Target	472.77

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Mon Nov 2024	472.45	475.45	481.85	464.00	0.149 times
14 Thu Nov 2024	475.45	505.00	511.85	464.35	0.355 times
08 Fri Nov 2024	508.55	473.65	535.85	459.05	1.778 times
01 Fri Nov 2024	473.00	479.60	491.95	462.55	0.754 times
25 Fri Oct 2024	485.35	533.40	534.65	481.95	0.507 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
18 Mon Nov 2024	472.45	471.70	535.85	459.05	0.301 times
31 Thu Oct 2024	471.75	572.50	594.00	462.55	0.621 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

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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Oil India in short term but the buy signal is initial and weak.

Oil India Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears 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 SELL signal for Oil India in short term and SELL signal is strong!

RSI is generating a BUY signal in short term and the buying is gaining 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 501.5 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 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.