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 2024-12-09 View latest technical analysis

10 day averaged volume of Oil India is 2899369

Date	Daily Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	467.85	475.10	476.60	466.05	0.795 times
06 Fri Dec 2024	474.90	476.60	477.80	473.30	0.684 times
05 Thu Dec 2024	473.75	492.00	492.00	470.05	1.509 times
04 Wed Dec 2024	489.10	493.00	502.95	487.05	1.024 times
03 Tue Dec 2024	490.30	484.80	492.55	482.00	0.72 times
02 Mon Dec 2024	479.35	485.20	493.25	478.00	1.377 times
29 Fri Nov 2024	490.60	495.10	503.75	488.30	1.281 times
28 Thu Nov 2024	504.75	500.55	511.45	493.10	0.876 times
27 Wed Nov 2024	505.00	507.00	507.50	490.00	0.588 times
26 Tue Nov 2024	504.30	519.50	524.50	502.00	0.5 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 476.5, but if it comes above 476.5, then a intra day buy could be more profitable.
If you take a sell trade below 476.5, then use 476.5 as stoploss and 459.2 as target. However if you take a buy trade in stock , then use 476.5 as stoploss and 490.89 as target.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	459.05
Upside Target	488.30
Upside Target	502.95
Upside Target	511.85
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	463.73
Downside Intraday Target	459.62
Upside Intraday Target	474.28
Upside Intraday Target	480.72
Upside Intraday Target	470.17

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Mon Dec 2024	467.85	475.10	476.60	466.05	0.15 times
06 Fri Dec 2024	474.90	485.20	502.95	470.05	1.134 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

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
09 Mon Dec 2024	467.85	485.20	502.95	466.05	0.393 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 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 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 SELL signal for Oil India in short term and the sell signal is strong.

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 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 485.92 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.