Overall Technical outlook

Price Summary

OIL's shares experienced a significant 2.56% boost, indicating a fantastic market performance.
On 2026-04-09, OIL's stock began at 459.0, peaked at 472.0, dipped to 456.4, and closed up 2.56% at 470.75, with a volume of 10891803 shares.
The stock's peak price over the last 52 weeks is 514.75, with the lowest being 0.0.
Analysts predict that the future price will fluctuate between 275.0 and 755.0, with the mean expected price being approximately 503.75.

Technicals

Support and Resistance: The current price of 470.75 is supported at 458.0, with resistance at 479.3. This suggests that the price for OIL might remain between these levels, where 458.0 acts as a floor and 479.3 as a ceiling in the market.
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Support/Resistance for OIL


Aroon: The AROON indicator shows a strong bearish trend for OIL, with Aroon Down moving higher and the Aroon Oscillator remaining depressed. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The low level of the Aroon Oscillator reinforces the expectation of further declines.
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Aroon chart for Oil India Limited


Bol. Bands: The BOLL BANDS is showing a neutral stance, not indicating a clear upward or downward trend for Oil India Limited. This suggests a period of market balance, where neither side is showing dominance.
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Bolinger Bands chart for Oil India Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for OIL.
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Parabolic Stop and Reverse chart for Oil India Limited


Stochastic: The current state of the STOCHASTIC is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
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Stochastic chart for Oil India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for OIL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
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Tripple SMA chart for Oil India Limited


A thorough analysis of a company involves looking at both its fundamentals and technical data. The fundamentals, including revenue, profitability, and management quality, offer insight into the company's long-term value. Additionally, understanding the broader industry context, such as market competition and regulatory challenges, helps to better interpret the company's stock performance. By combining both fundamental and technical analysis, you can derive more meaningful inferences about the company's future prospects.