Stock analysis Raj Oil Mills Limited ROML
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Recent prices of ROML Raj Oil Mills Limited are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 24 Fri Jan 2025 | 54.69 | 54.00 to 57.20 | -2.44% | 0.52 times |
| 23 Thu Jan 2025 | 56.06 | 54.32 to 56.75 | 2.32% | 0.47 times |
| 22 Wed Jan 2025 | 54.79 | 54.25 to 58.80 | -3.21% | 0.81 times |
| 21 Tue Jan 2025 | 56.61 | 54.22 to 58.70 | 3.95% | 0.27 times |
| 20 Mon Jan 2025 | 54.46 | 54.01 to 56.57 | -1.86% | 0.13 times |
| 17 Fri Jan 2025 | 55.49 | 53.81 to 56.00 | 3.16% | 0.72 times |
| 16 Thu Jan 2025 | 53.79 | 53.00 to 59.51 | 0.34% | 2.99 times |
| 15 Wed Jan 2025 | 53.61 | 52.91 to 55.39 | 0.96% | 0.49 times |
| 14 Tue Jan 2025 | 53.10 | 51.81 to 59.33 | 2.1% | 2.61 times |
| 13 Mon Jan 2025 | 52.01 | 50.55 to 54.19 | 0% | 0.75 times |
| 13 Mon Jan 2025 | 52.01 | 50.55 to 54.19 | -2.26% | 0.75 times |
| 10 Fri Jan 2025 | 53.21 | 52.52 to 57.14 | -6.88% | 0.58 times |
Technical analysis forecast for Raj Oil Mills 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 Raj Oil Mills Limited ROML at this time. Stock is falling and might fall more.
It appears as if Raj Oil Mills Limited ROML gave a large move recently.
Stock of Raj Oil Mills Limited (ROML) 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 Raj Oil Mills Limited is bearish for shortterm, and stock might move down till 52.6 or till 49.9. Use a stoploss of 54.77 and if the stock hits stoploss, then it can shoot up till 56.97