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 |
| 10 Fri Jan 2025 | 455.85 | 454.50 to 471.65 | -2.39% | 0.63 times |
| 09 Thu Jan 2025 | 467.00 | 454.00 to 490.00 | -5.02% | 1.62 times |
| 08 Wed Jan 2025 | 491.70 | 473.65 to 494.55 | 3.66% | 1.27 times |
| 07 Tue Jan 2025 | 474.35 | 460.00 to 478.65 | 3.64% | 0.92 times |
| 06 Mon Jan 2025 | 457.70 | 455.55 to 485.55 | -4.86% | 0.49 times |
| 03 Fri Jan 2025 | 481.10 | 466.00 to 491.25 | 3.84% | 2.09 times |
| 02 Thu Jan 2025 | 463.30 | 435.55 to 467.00 | 5.99% | 1.53 times |
| 01 Wed Jan 2025 | 437.10 | 428.30 to 438.45 | 1.47% | 0.24 times |
| 31 Tue Dec 2024 | 430.75 | 417.90 to 437.15 | 2.24% | 0.54 times |
| 30 Mon Dec 2024 | 421.30 | 415.20 to 433.95 | -0.91% | 1.12 times |
| 27 Fri Dec 2024 | 425.15 | 421.80 to 429.55 | -0.44% | 0.17 times |
| 26 Thu Dec 2024 | 427.05 | 422.10 to 429.00 | 0.34% | 0.2 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, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.
My analysis of Oil India Limited is bearish for shortterm, and stock might move down till 436.8 or till 411.8. Use a stoploss of 457.72 and if the stock hits stoploss, then it can shoot up till 478.61