Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-12-02 View latest technical analysis

10 day averaged volume of Oil India is 2113828

Date	Daily Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	479.35	485.20	493.25	478.00	1.889 times
29 Fri Nov 2024	490.60	495.10	503.75	488.30	1.757 times
28 Thu Nov 2024	504.75	500.55	511.45	493.10	1.201 times
27 Wed Nov 2024	505.00	507.00	507.50	490.00	0.807 times
26 Tue Nov 2024	504.30	519.50	524.50	502.00	0.685 times
25 Mon Nov 2024	518.75	518.45	529.00	510.05	1.977 times
22 Fri Nov 2024	507.15	487.50	509.55	487.50	0.925 times
21 Thu Nov 2024	486.05	480.00	488.25	475.10	0.572 times
19 Tue Nov 2024	485.45	477.30	491.45	477.00	0.601 times
18 Mon Nov 2024	472.45	475.45	481.85	464.00	0.473 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 478.9 as stoploss in an intra day buy trade for a target of 495.62. However, stock will show a bearish move below 478.9.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	459.05
Downside Target	478.00
Upside Target	488.30
Upside Target	509.55
Upside Target	529.00
Upside Target	535.85
Upside Target	553.85
Upside Target	568.30
Upside Target	594.00
Upside Target	734.70
Upside Target	767.90

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	473.82
Downside Intraday Target	468.28
Upside Intraday Target	489.07
Upside Intraday Target	498.78
Upside Intraday Target	483.53

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Mon Dec 2024	479.35	485.20	493.25	478.00	0.294 times
29 Fri Nov 2024	490.60	518.45	529.00	488.30	2.499 times
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

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
02 Mon Dec 2024	479.35	485.20	493.25	478.00	0.089 times
29 Fri Nov 2024	490.60	471.70	535.85	459.05	0.501 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

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 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 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 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 gaining momentum.

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

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 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 but buying 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 497.35 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 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.