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 for Raj Oil 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 Raj Oil ROML at this time. Stock is falling and might fall more.

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

Stock of Raj Oil (ROML) 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 Raj Oil is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Raj Oil stays below 49, but if it comes above 49, then a intra day buy could be more profitable.
If you take a sell trade below 49, then use 49 as stoploss and 46.1 as target. However if you take a buy trade in Raj Oil, then use 49 as stoploss and 51.36 as target.

ROML Raj Oil is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2025-02-10

Company Announcement Raj Oil Mills Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2025-02-10

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2024 - NEWS as on 2025-02-05

Company Announcement Raj Oil Mills Limited has informed the Exchange about reappointment of Mr. Atikurrehman Daudbhai Mukhi (DIN: 05191543) as the Managing Director of the Company - NEWS as on 2024-11-12

Board Meeting to discuss Financial Results RAJ OIL MILLS LIMITED has informed the Exchange about Board Meeting to be held on 11-Nov-2024 to inter-alia consider and approve the Unaudited Financial results of the Company for the Quarter and half year ended September 30, 2024 - NEWS as on 2024-10-30

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 2024-09-30

More announcements and NEWS

ROML Raj Oil Mills Limited current price & indicator signals

Moving Averages for Raj Oil Mills Limited

  • 5Day Average: 49.35
  • 12Day Average: 50.73
  • 20Day Average: 51.84
  • 50Day Average: 53.57
  • 100Day Average: 52.69
  • 150Day Average: 53.98
  • 200Day Average: 52.2

ROML Indicators & signals

Indicator MACD (12,26,9)

50.51, 51.78, -0.93
Indicator MACD is in negative zone

Indicator ADX (14)

9.73, 17.11, 20.81
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 49
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
14 Fri Feb 2025 47.54 47.01 to 49.99 -3.32% 1.52 times
13 Thu Feb 2025 49.17 49.00 to 52.90 -1.93% 0.62 times
12 Wed Feb 2025 50.14 48.06 to 51.39 -0.5% 1.96 times
11 Tue Feb 2025 50.39 49.00 to 50.98 1.76% 1.55 times
10 Mon Feb 2025 49.52 49.20 to 51.59 -4.12% 1.26 times
07 Fri Feb 2025 51.65 50.78 to 53.96 -1.45% 0.8 times
06 Thu Feb 2025 52.41 52.02 to 54.00 -1.71% 1.06 times
05 Wed Feb 2025 53.32 51.99 to 53.50 3.45% 0.93 times
04 Tue Feb 2025 51.54 51.16 to 52.72 -0.73% 0.27 times
03 Mon Feb 2025 51.92 51.35 to 52.10 2.65% 0.27 times
31 Fri Jan 2025 50.58 49.70 to 52.00 0.04% 1.29 times
30 Thu Jan 2025 50.56 50.02 to 50.88 1.28% 1.81 times

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

 

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