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(ROML) Raj Oil complete technical analysis [charts+indicators] | Buy/Sell Raj Oil | (ROML) share price targets

Complete technical analysis of Raj Oil (ROML) by charts plus indicators, forecast predictions and share price targets for Raj Oil (ROML)

Showing technical analysis as on 2025-01-10 View latest technical analysis

10 day averaged volume of Raj Oil is 22834

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	53.21	57.14	57.14	52.52	0.644 times
09 Thu Jan 2025	57.14	58.49	58.96	56.22	0.165 times
08 Wed Jan 2025	57.22	58.15	58.80	56.12	0.521 times
07 Tue Jan 2025	58.12	59.44	59.44	56.83	0.591 times
06 Mon Jan 2025	59.03	58.95	59.95	56.54	1.961 times
03 Fri Jan 2025	59.04	54.98	60.36	52.62	5.661 times
02 Thu Jan 2025	53.86	52.47	55.00	51.51	0.433 times
01 Wed Jan 2025	52.66	52.66	52.98	51.79	0.071 times
31 Tue Dec 2024	52.66	52.45	53.25	51.41	0.218 times
30 Mon Dec 2024	51.69	51.86	52.98	51.21	0.113 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 52.3 as stoploss in an intra day buy trade for a target of 54.76. However, stock will show a bearish move below 52.3.

Share price targets for Raj Oil (ROML)

Target Type	Value
Downside Target	46.10
Downside Target	47.76
Downside Target	51.21
Upside Target	54.99
Upside Target	58.52
Upside Target	58.94
Upside Target	59.95
Upside Target	60.00
Upside Target	60.36
Upside Target	62.00
Upside Target	67.15

Intraday share price targets for Raj Oil (ROML)

Target Type	Value
Downside Intraday Target	50.5
Downside Intraday Target	47.8
Upside Intraday Target	57.93
Upside Intraday Target	62.66
Upside Intraday Target	55.23

Weekly technical analysis of Raj Oil (ROML)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	53.21	58.95	59.95	52.52	0.598 times
03 Fri Jan 2025	59.04	51.86	60.36	51.21	5.982 times
27 Fri Dec 2024	51.86	52.15	55.00	51.21	0.667 times
20 Fri Dec 2024	52.06	56.38	58.94	52.00	0.245 times
13 Fri Dec 2024	55.26	58.74	62.00	54.99	0.363 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 Raj Oil (ROML)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	53.21	52.66	60.36	51.51	0.359 times
31 Tue Dec 2024	52.66	56.85	67.15	51.21	6.062 times
29 Fri Nov 2024	54.47	51.49	56.08	47.76	0.265 times
31 Thu Oct 2024	50.47	55.00	58.52	46.10	0.603 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 Raj Oil (ROML)

Price action analysis of Raj Oil ( (ROML) ) 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 Raj Oil ( (ROML) ) based on a short 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 Raj Oil ( (ROML) ) 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 Raj Oil ( (ROML) ) based on a mid to longer 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.

ADX buy sell signal for Raj Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Raj Oil in short term and the buy signal is strong.

Raj Oil 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. Bulls are getting tired and bears are picking up momentum.

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 Raj Oil 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 58.03 and Raj Oil (ROML) 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 Raj Oil (ROML) stock. Volume based technical analysis of Raj Oil (ROML) stock is negative.

Raj Oil 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.