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

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

10 day averaged volume of Indian Oil is 2267160

Date Daily Closing Price Open High Low Volume
30 Tue Apr 2024 168.95 180.00 180.00 168.00 2.158 times
29 Mon Apr 2024 176.80 173.25 178.00 172.30 1.592 times
26 Fri Apr 2024 171.55 170.95 172.50 169.80 0.864 times
25 Thu Apr 2024 170.30 169.45 171.00 169.00 0.577 times
24 Wed Apr 2024 168.75 169.65 170.55 167.60 0.638 times

Stock of Indian Oil (IndianOil) has showed a significant fall. This could be a good time to exit from this stock.

My analysis of stock is bearish for shortterm, and stock might move down till 167.7 or till 164.6. Use a stoploss of 170.17 and if the stock hits stoploss, then it can shoot up till 172.68

Share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Target 110.60
Downside Target 128.50
Downside Target 133.95
Downside Target 147.05
Downside Target 152.15
Downside Target 164.55
Upside Target 173.30
Upside Target 175.00
Upside Target 175.20
Upside Target 178.35
Upside Target 180.00
Upside Target 196.80

Intraday share price targets for Indian Oil (IndianOil)

Target Type Value
Downside Intraday Target 164.63
Downside Intraday Target 160.32
Upside Intraday Target 176.63
Upside Intraday Target 184.32
Upside Intraday Target 172.32

Weekly technical analysis of Indian Oil (IndianOil)

Date Weekly Closing Price Open High Low Volume
30 Tue Apr 2024 168.95 173.25 180.00 168.00 1.112 times
26 Fri Apr 2024 171.55 170.10 173.30 167.60 0.826 times
19 Fri Apr 2024 166.65 156.05 175.00 156.05 1.843 times
12 Fri Apr 2024 170.25 169.30 174.20 168.00 0.688 times
05 Fri Apr 2024 168.00 169.90 175.20 164.55 1.445 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 Indian Oil (IndianOil)

Date Monthly Closing Price Open High Low Volume
30 Tue Apr 2024 168.95 169.90 180.00 156.05 1.016 times
28 Thu Mar 2024 167.75 168.75 178.35 153.60 0.452 times
29 Thu Feb 2024 165.60 149.30 196.80 147.05 1.321 times
31 Wed Jan 2024 146.95 132.05 152.15 128.50 1.202 times

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 Indian Oil (IndianOil)

Indicator Name Indicator Value Indicator Signal
ADX 27, 27, 1 Buy
MACD 2, 2Buy
Stochastics 71Buy
CCI 74Sell
RSI 48Sell
OBV -2476273Sell
VWAP 170Sell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Indian Oil ( (IndianOil) ) 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 Indian Oil ( (IndianOil) ) 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 Indian Oil ( (IndianOil) ) 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 Indian Oil ( (IndianOil) ) 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 Indian Oil stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

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

Indian Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Indian Oil in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Indian 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 170.37 and Indian Oil (IndianOil) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Indian Oil (IndianOil) stock. Volume based technical analysis of Indian Oil (IndianOil) stock is negative.

Indian Oil Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.

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