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Technicals for Oil India Limited
By MusingTheNews
2025-07-16 20:48
Overall Technical outlook
Price Summary
On 2025-07-15, Oil India Limited's stock began at 443.0, peaked at 447.6, declined to 440.35, and ended the day 0.64% higher at 445.85, with 1690707 shares traded. Over the past 52 weeks, the stock reached a maximum price of 741.0 and a minimum price of 341.65. According to 20 analysts, the price of OIL in the future is projected to be between 315.0 and 755.0, with an average expected price of 543.1.
Technicals
Support and Resistance: At 445.85, the price for OIL is supported at 444.25 and resisted at 474.25. This indicates a trading range where 444.25 serves as a support level, potentially preventing further decline, while 474.25 could limit upward movement. Support/Resistance for OIL
Aroon: The AROON 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. Aroon chart for Oil India Limited
Bol. Bands: The BOLL BANDS is currently in a neutral position for Oil India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. 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. Parabolic Stop and Reverse chart for Oil India Limited
Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward an upward or downward trend. This suggests that the market may be in a phase of indecision or consolidation. Stochastic chart for Oil India Limited
Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position for Oil India Limited, offering no clear guidance on whether the market is likely to move up or down. This neutral stance suggests that further observation may be necessary before a trend becomes apparent. Tripple SMA chart for Oil India Limited
To make the most of a company's technical analysis, it's important to start with an understanding of its fundamentals. These include profitability, cash flow, and competitive positioning. Additionally, the industry in which the company operates plays a critical role, as trends and external factors can influence its market performance. By considering both the company's internal fundamentals and the external industry environment, more meaningful and accurate conclusions can be drawn from the technical data.
DISCLAIMER: We provide information and our musings based on events, but nothing on this site can be considered professional advice of any kind.
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