Stock analysis Oil India Limited OIL
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Recent prices of OIL Oil India Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 26 Fri Apr 2024 | 628.35 | 616.20 to 636.90 | 2.59% | 1.29 times |
| 25 Thu Apr 2024 | 612.50 | 602.05 to 620.50 | 0.68% | 0.71 times |
| 24 Wed Apr 2024 | 608.35 | 589.00 to 613.80 | 2.98% | 0.65 times |
| 23 Tue Apr 2024 | 590.75 | 588.65 to 602.55 | -1.01% | 0.47 times |
| 22 Mon Apr 2024 | 596.80 | 595.00 to 616.50 | -0.51% | 0.51 times |
| 19 Fri Apr 2024 | 599.85 | 596.05 to 616.90 | -0.55% | 0.85 times |
| 18 Thu Apr 2024 | 603.15 | 600.05 to 629.90 | -3.18% | 0.97 times |
| 16 Tue Apr 2024 | 622.95 | 611.10 to 634.90 | 0.18% | 0.97 times |
| 15 Mon Apr 2024 | 621.85 | 595.50 to 636.45 | 1.77% | 1.89 times |
| 12 Fri Apr 2024 | 611.05 | 607.80 to 637.75 | -3.3% | 1.4 times |
| 10 Wed Apr 2024 | 631.90 | 626.50 to 648.00 | 0.34% | 1.58 times |
| 09 Tue Apr 2024 | 629.75 | 618.60 to 636.15 | 0.82% | 0.46 times |
Technical analysis forecast of Oil India Limited 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 Oil India Limited OIL at this time. Stock is rising and might rise more.
It appears as if Oil India Limited OIL gave a large move recently.
Stock of Oil India Limited (OIL) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of Oil India Limited is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Oil India Limited stays above 622.7, but if it comes below 622.7, then a intra day sell could be more profitable.
If you take a sell trade below 622.7, then use 622.7 as stoploss and 608.24 as target. However if you take a buy trade in Oil India Limited, then use 622.7 as stoploss and 640 as target.