Overall Technical outlook

Price Summary

Oil India Limited's stock opened at 400.9 on 2025-04-25, surged to a high of 404.55, hit a low of 389.1, and closed up -0.39% at 399.35, with 2819682 shares traded.
During the 52-week span, the stock hit a high of 741.0 and a low of 341.65.
The future price of OIL is anticipated to range from 280.0 to 755.0, with an expected mean price of 555.1053, according to the recommendations of 19 analysts.

Technicals

Support and Resistance: The price for OIL is 399.35, with support at 397.05 and resistance at 420.65. This suggests a range where 397.05 acts as a base, preventing declines, and 420.65 caps gains, defining key trading levels.
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Support/Resistance for OIL


Aroon: The AROON is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for OIL, with no strong trend emerging.
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Aroon chart for Oil India Limited


Bol. Bands: The BOLL BANDS is in a neutral stance, with no clear direction indicated for the market. This lack of clarity suggests that the market may be in a state of equilibrium for OIL, with no strong trend emerging.
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Bolinger Bands chart for Oil India Limited


Parabolic SAR: The PSAR continues to be bullish for OIL, setting a strong support level that could sustain the ongoing upward trend. This level of support indicates that the market is likely to continue its positive trajectory, offering a base for continued bullish movement.
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Parabolic Stop and Reverse chart for Oil India Limited


Stochastic: The stochastic indicator for Oil India Limited shows the K-line below the D-line but still above 80, hinting at the possible onset of a bearish price move. This could indicate that the market's recent strength is waning, with a potential downturn on the horizon. Traders should keep an eye on this development for further signs of weakness.
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Stochastic chart for Oil India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is neutral, showing no definitive signals of a trend either upward or downward. This neutral stance indicates a period of market indecision, where the direction is unclear.
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Tripple SMA chart for Oil India Limited


To derive valuable insights from a company's technical performance, it is essential to first understand its fundamentals. This includes its financial health, business model, and market share. Equally important is the industry context, such as competition, consumer demand, and market trends. By examining these aspects together, investors can gain a more comprehensive view of how the company's stock behaves and whether it's aligned with its underlying value.