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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 2024-11-22 View latest technical analysis

10 day averaged volume of Oil India is 2222940

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	507.15	487.50	509.55	487.50	0.88 times
21 Thu Nov 2024	486.05	480.00	488.25	475.10	0.544 times
19 Tue Nov 2024	485.45	477.30	491.45	477.00	0.572 times
18 Mon Nov 2024	472.45	475.45	481.85	464.00	0.45 times
14 Thu Nov 2024	475.45	476.00	482.60	464.35	0.951 times
13 Wed Nov 2024	480.85	494.40	501.40	475.00	1.012 times
12 Tue Nov 2024	496.65	506.50	511.85	492.70	0.519 times
11 Mon Nov 2024	506.50	505.00	510.85	492.90	0.538 times
08 Fri Nov 2024	508.55	524.55	524.55	501.80	1.134 times
07 Thu Nov 2024	524.55	528.55	535.85	513.15	1.585 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 507.6 as stoploss in an intra day sell trade for a target of 490.19. However, stock will show a bullish move above 507.6.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	459.05
Downside Target	479.35
Downside Target	491.95
Upside Target	509.55
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	477.58
Downside Intraday Target	448.02
Upside Intraday Target	523.13
Upside Intraday Target	539.12
Downside Intraday Target	493.57

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Nov 2024	507.15	475.45	509.55	464.00	0.81 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 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
22 Fri Nov 2024	507.15	471.70	535.85	459.05	0.35 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 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 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 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 BUY. 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. Bears are weakening, and bulls are picking up momentum!

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 BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 498.25 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.