ROML NEWS why is Raj Oil Mills Limited price falling or rising

ROML NEWS reasons for why stock price of Raj Oil Mills Limited is falling or rising

ROML Raj Oil is falling or rising technical reasons

Technical analysis forecast of Raj Oil Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Raj Oil ROML at this time. Stock is rising and might rise more.

It appears as if Raj Oil ROML gave a large move recently.

Stock of Raj Oil (ROML) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!

Although my analysis for Raj Oil is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 75.9, for a target of 64.5 or 55.08

ROML Raj Oil is falling or rising NEWS fundamental reasons

Company Announcement Raj Oil Mills Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-04-18

Company Announcement Raj Oil Mills Limited has informed the Exchange about Certificate under SEBI (Depositories and Participants) Regulations, 2018 - NEWS as on 2024-04-16

Company Announcement - NEWS as on 2024-04-15

Company Announcement Raj Oil Mills Limited has informed the Exchange regarding Resignation of Ms Khushbu Bohra as Company Secretary & Compliance Officer of the company w.e.f. February 15, 2024. - NEWS as on 2024-02-14

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-01-30

Company Announcement Raj Oil Mills Limited has informed the Exchange regarding the Trading Window closure pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-01-01

Company Announcement Raj Oil Mills Limited has informed the Exchange regarding Board meeting held on November 09, 2023. - NEWS as on 2023-11-10

More announcements and NEWS

ROML Raj Oil Mills Limited current price & indicator signals

Moving Averages for Raj Oil Mills Limited

  • 5Day Average: 64.55
  • 12Day Average: 55.73
  • 20Day Average: 52.07
  • 50Day Average: 48.52
  • 100Day Average: 48.68
  • 150Day Average: 48.16
  • 200Day Average: 47.02

ROML Indicators & signals

Indicator MACD (12,26,9)

59.16, 53.39, 2.59
Indicator MACD is in positive zone

Indicator ADX (14)

80.85, 61.45, 6.51
Indicator ADX is indicating that momentum is still strong.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 81
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of ROML Raj Oil Mills Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
26 Fri Apr 2024 79.65 75.65 to 83.20 5.29% 22.67 times
25 Thu Apr 2024 75.65 72.15 to 75.65 19.98% 6.32 times
24 Wed Apr 2024 63.05 51.80 to 63.05 19.98% 2.07 times
23 Tue Apr 2024 52.55 51.50 to 53.20 1.35% 0.31 times
22 Mon Apr 2024 51.85 50.50 to 52.90 1.87% 0.47 times
19 Fri Apr 2024 50.90 50.05 to 51.75 0.1% 0.19 times
18 Thu Apr 2024 50.85 47.50 to 53.45 6.05% 0.37 times
16 Tue Apr 2024 47.95 46.20 to 49.10 0.31% 0.05 times
15 Mon Apr 2024 47.80 47.60 to 50.40 -3.34% 0.09 times
12 Fri Apr 2024 49.45 48.50 to 50.00 0.1% 0.07 times
10 Wed Apr 2024 49.40 49.30 to 51.30 -0.5% 0.05 times
09 Tue Apr 2024 49.65 49.15 to 50.75 -0.1% 0.09 times

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