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NSE Stock RAJOIL Historical charts - Raj Oil Mills Limited

Historical charts for Stock RAJOIL - Share Raj Oil Mills Limited trades in NSE under Edible Oils

Moving Averages for

  • 5Day Average: 1.57
  • 12Day Average: 1.59
  • 20Day Average: 1.67
  • 50Day Average: 2.12
  • 100Day Average: 2.39
  • 150Day Average: 2.08

RAJOIL Indicators & signals

Indicator MACD (12,26,9)

1.63, 1.79, -0.18
Indicator MACD is in negative zone

Indicator ADX (14)

0, 63.64, 63.64
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 53
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of RAJOIL are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
08 Fri Jun 2018 1.55 1.50 to 1.55 3.33% 0.1 times
07 Thu Jun 2018 1.50 1.50 to 1.60 -3.23% 1.24 times
06 Wed Jun 2018 1.55 1.55 to 1.60 -3.13% 1.18 times
05 Tue Jun 2018 1.60 1.60 to 1.70 -3.03% 0.98 times
04 Mon Jun 2018 1.65 1.55 to 1.65 3.12% 2.14 times
01 Fri Jun 2018 1.60 1.60 to 1.60 0% 0 times
31 Thu May 2018 1.60 1.60 to 1.60 -3.03% 0.32 times
30 Wed May 2018 1.65 1.55 to 1.65 3.12% 0.1 times
29 Tue May 2018 1.60 1.60 to 1.65 -3.03% 0.42 times
28 Mon May 2018 1.65 1.55 to 1.65 3.12% 3.03 times
25 Fri May 2018 1.60 1.50 to 1.60 3.23% 0.57 times
24 Thu May 2018 1.55 1.55 to 1.55 -3.13% 0.02 times

Technical analysis forecast for RAJOIL Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT RAJOIL RAJOIL at this time. Stock is falling and might fall more.

It appears as if RAJOIL RAJOIL gave a large move recently.

Stock of RAJOIL (RAJOIL) is trading below an important moving average line, and it has been below this line for quite some time now. This is not a good sign, stock might keep falling and stock might move lower...

My analysis of RAJOIL is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if RAJOIL stays below 1.6, but if it comes above 1.6, then a intra day buy could be more profitable.
If you take a sell trade below 1.6, then use 1.6 as stoploss and 1.4 as target. However if you take a buy trade in RAJOIL, then use 1.6 as stoploss and 1.72 as target.

Tomorrow's movement Prediction of RAJOIL appears strongly Bullish. Although the sellers dominated the stock today, but it showed signs of trend reversal during the latter half, closing Bullish. There's a good chance that this Bullish trend will continue tomorrow as well.

Tomorrow's movement Prediction of RAJOIL is bearish. The stock has broken weekly support. An up move can be expected only after it starts trading above 1.58

Munafa value: 50

If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.

If the Munafa value is near 50, then the stock might show a sideways movement.

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NSE Stock RAJOIL Historical charts - Share Raj Oil Mills Limited

 

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