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

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

10 day averaged volume of Nifty Oil is 0

Date Daily Closing Price Open High Low Volume
20 Mon May 2024 11699.00 11691.20 11717.95 11683.50 NAN times
17 Fri May 2024 11644.40 11551.85 11657.80 11521.50 NAN times
16 Thu May 2024 11533.00 11577.15 11607.20 11412.80 NAN times
15 Wed May 2024 11507.25 11485.95 11552.90 11453.00 NAN times
14 Tue May 2024 11439.20 11289.65 11457.40 11260.15 NAN times

My analysis of stock is bullish for shortterm, and stock might move up till 11802.1 or till 12038.5. Use a stoploss of 11605.07 and if this stock hits its stoploss, then it can fall down till 11408.05

Share price targets for Nifty Oil (NIFTY_OIL_AND_GAS)

Target Type Value
Downside Target 9472.40
Downside Target 10654.30
Downside Target 11698.30
Upside Target 11717.95
Upside Target 11862.75
Upside Target 11874.40
Upside Target 12020.90
Upside Target 12035.00
Upside Target 12058.00
Upside Target 12074.30

Intraday share price targets for Nifty Oil (NIFTY_OIL_AND_GAS)

Target Type Value
Downside Intraday Target 11682.35
Downside Intraday Target 11665.7
Upside Intraday Target 11716.8
Upside Intraday Target 11734.6
Upside Intraday Target 11700.15

Weekly technical analysis of Nifty Oil (NIFTY_OIL_AND_GAS)

Date Weekly Closing Price Open High Low Volume
20 Mon May 2024 11699.00 11691.20 11717.95 11683.50 0 times
17 Fri May 2024 11644.40 11374.25 11657.80 11048.25 0 times
10 Fri May 2024 11348.70 11866.40 11874.40 11180.35 0 times
03 Fri May 2024 11807.65 11830.70 12035.00 11698.30 0 times
26 Fri Apr 2024 11785.15 11682.45 11862.75 11564.40 0 times

Price has moved up 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 Nifty Oil (NIFTY_OIL_AND_GAS)

Date Monthly Closing Price Open High Low Volume
20 Mon May 2024 11699.00 11892.15 12035.00 11048.25 0 times
30 Tue Apr 2024 11826.50 11492.80 12020.90 11371.35 0 times
28 Thu Mar 2024 11440.90 11544.25 12058.00 10770.15 0 times
29 Thu Feb 2024 11457.50 10803.95 12074.30 10654.30 0 times

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 Nifty Oil (NIFTY_OIL_AND_GAS)

Indicator Name Indicator Value Indicator Signal
ADX 20, 19, 1 Buy
MACD 32, 23Buy
Stochastics 73Buy
CCI 137Buy
RSI 38Sell
OBV 0Sell
VWAP NANSell
ADL 0Sell
ROC 1Buy
Force Index 0Sell

Price action analysis of Nifty Oil ( (NIFTY_OIL_AND_GAS) ) 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 Nifty Oil ( (NIFTY_OIL_AND_GAS) ) 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 Nifty Oil ( (NIFTY_OIL_AND_GAS) ) 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 Nifty Oil ( (NIFTY_OIL_AND_GAS) ) based on a mid to longer term time period is

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

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Nifty Oil 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 Nifty Oil in short term and BUY signal is strong.

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

MRSI is in negative zone. This is the SELL zone

Stock of Nifty 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 NAN and Nifty Oil (NIFTY_OIL_AND_GAS) 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 Nifty Oil (NIFTY_OIL_AND_GAS) stock. Volume based technical analysis of Nifty Oil (NIFTY_OIL_AND_GAS) stock is negative.

Nifty 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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