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 Thu Dec 2024 | 427.05 | 422.10 to 429.00 | 0.34% | 0.49 times |
| 24 Tue Dec 2024 | 425.60 | 418.55 to 428.70 | 1.18% | 0.6 times |
| 23 Mon Dec 2024 | 420.65 | 414.00 to 426.90 | -0.27% | 1.18 times |
| 20 Fri Dec 2024 | 421.80 | 417.00 to 441.80 | -3.91% | 1.43 times |
| 19 Thu Dec 2024 | 438.95 | 434.20 to 447.35 | -1.45% | 1.44 times |
| 18 Wed Dec 2024 | 445.40 | 440.20 to 451.00 | 0% | 1.1 times |
| 18 Wed Dec 2024 | 445.40 | 440.20 to 451.00 | 0.13% | 1.1 times |
| 17 Tue Dec 2024 | 444.80 | 444.00 to 461.15 | -3.56% | 0.75 times |
| 16 Mon Dec 2024 | 461.20 | 454.50 to 462.65 | 1.51% | 0.75 times |
| 13 Fri Dec 2024 | 454.35 | 451.10 to 471.40 | -2.54% | 1.22 times |
| 12 Thu Dec 2024 | 466.20 | 465.75 to 472.00 | -0.71% | 0.43 times |
| 11 Wed Dec 2024 | 469.55 | 468.60 to 475.00 | 0.05% | 0.5 times |
Technical analysis forecast for Oil India Limited 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 Oil India Limited OIL at this time. Stock is falling and might fall more.
It appears as if Oil India Limited OIL gave a large move recently.
Stock of Oil India Limited (OIL) 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 Oil India Limited is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if Oil India Limited stays below 431, but if it comes above 431, then a intra day buy could be more profitable.
If you take a sell trade below 431, then use 431 as stoploss and 404.1 as target. However if you take a buy trade in Oil India Limited, then use 431 as stoploss and 453.48 as target.