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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 2024-12-31 View latest technical analysis

10 day averaged volume of Oil India is 2558200

Date	Daily Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	430.75	420.75	437.15	417.90	1.226 times
30 Mon Dec 2024	421.30	425.80	433.95	415.20	2.528 times
27 Fri Dec 2024	425.15	428.00	429.55	421.80	0.389 times
26 Thu Dec 2024	427.05	426.35	429.00	422.10	0.446 times
24 Tue Dec 2024	425.60	423.00	428.70	418.55	0.551 times
23 Mon Dec 2024	420.65	422.05	426.90	414.00	1.077 times
20 Fri Dec 2024	421.80	439.00	441.80	417.00	1.308 times
19 Thu Dec 2024	438.95	436.00	447.35	434.20	1.317 times
18 Wed Dec 2024	445.40	446.80	451.00	440.20	1.004 times
17 Tue Dec 2024	444.80	459.40	461.15	444.00	0.691 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 427.9 as stoploss in an intra day buy trade for a target of 450.9. However, stock will show a bearish move below 427.9.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	414.00
Downside Target	429.55
Upside Target	451.10
Upside Target	502.95
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	418.25
Downside Intraday Target	405.75
Upside Intraday Target	440.2
Upside Intraday Target	449.65
Downside Intraday Target	427.7

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	430.75	425.80	437.15	415.20	1.525 times
27 Fri Dec 2024	425.15	422.05	429.55	414.00	0.491 times
20 Fri Dec 2024	421.80	455.00	462.65	417.00	1.409 times
13 Fri Dec 2024	454.35	475.10	476.60	451.10	0.59 times
06 Fri Dec 2024	474.90	485.20	502.95	470.05	1.134 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Oil India (OIL)

Date	Monthly Closing Price	Open	High	Low	Volume
31 Tue Dec 2024	430.75	485.20	502.95	414.00	1.181 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 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 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 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 losing momentum.

MACD generated a SELL signal for Oil India in short term and the sell signal is strong.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

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

CCI has generated a buy signal for Oil India in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Oil India is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 429.05 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.