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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 2025-01-03 View latest technical analysis

10 day averaged volume of Oil India is 3283503

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	481.10	468.00	491.25	466.00	3.677 times
02 Thu Jan 2025	463.30	435.65	467.00	435.55	2.683 times
01 Wed Jan 2025	437.10	434.00	438.45	428.30	0.429 times
31 Tue Dec 2024	430.75	420.75	437.15	417.90	0.955 times
30 Mon Dec 2024	421.30	425.80	433.95	415.20	1.969 times
27 Fri Dec 2024	425.15	428.00	429.55	421.80	0.303 times
26 Thu Dec 2024	427.05	426.35	429.00	422.10	0.347 times
24 Tue Dec 2024	425.60	423.00	428.70	418.55	0.429 times
23 Mon Dec 2024	420.65	422.05	426.90	414.00	0.839 times
20 Fri Dec 2024	421.80	439.00	441.80	417.00	1.019 times

Stock of Oil India (OIL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 467.4, but if it comes below 467.4, then a intra day sell could be more profitable.
If you take a sell trade below 467.4, then use 467.4 as stoploss and 447.32 as target. However if you take a buy trade in stock , then use 467.4 as stoploss and 491.4 as target.

Share price targets for Oil India (OIL)

Target Type	Value
Downside Target	414.00
Downside Target	428.30
Downside Target	451.10
Upside Target	491.25
Upside Target	502.95
Upside Target	535.85
Upside Target	553.85
Upside Target	594.00
Upside Target	734.70

Intraday share price targets for Oil India (OIL)

Target Type	Value
Downside Intraday Target	433.78
Downside Intraday Target	386.47
Upside Intraday Target	509.83
Upside Intraday Target	538.57
Downside Intraday Target	462.52

Weekly technical analysis of Oil India (OIL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri Jan 2025	481.10	425.80	491.25	415.20	5.064 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
03 Fri Jan 2025	481.10	434.00	491.25	428.30	0.419 times
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

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 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 to mid 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 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 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.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

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 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 449.23 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 rising upwards.

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.