Overall Technical outlook

Price Summary

Oil India Limited's stock started the year at 415.85, climbed to a high of 416.3, fell to 406.0, and closed -1.67% down at 408.9, with 3456275 shares traded on 2025-10-17.
The stock reached its highest price of 533.4 and lowest price of 341.65 over the last 52 weeks.
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 534.7.

Technicals

Support and Resistance: The current price is 408.9, with support at 400.75 and resistance at 423.3. This range suggests that the price might move between these levels, with 400.75 offering support and 423.3 capping further gains for Oil India Limited.
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Support/Resistance for OIL


Aroon: The AROON indicator shows a strong bearish trend, with Aroon Down rising and the Aroon Oscillator staying depressed. This suggests a continuation of the downward trend, indicating that bearish momentum remains strong. The steady low level of the Aroon Oscillator suggests further weakness in the market.
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Aroon chart for Oil India Limited


Bol. Bands: The BOLL BANDS is showing a neutral reading, with no clear direction indicated for upward or downward movement. This neutral position suggests a possible period of consolidation.
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Bolinger Bands chart for Oil India Limited


Parabolic SAR: The PSAR maintains a bearish outlook, setting a key resistance level that could limit further gains. This resistance reinforces the bearish sentiment, indicating that the market may face challenges in pushing higher.
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Parabolic Stop and Reverse chart for Oil India Limited


Stochastic: The STOCHASTIC is currently neutral, showing no clear bias toward a rising or falling trend. This lack of directional clarity suggests that the market may be in a holding pattern, awaiting further developments.
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Stochastic chart for Oil India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently in a neutral position, offering no clear indication of movement up or down. This suggests that the market may be experiencing a period of equilibrium, with no strong trend in play.
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Tripple SMA chart for Oil India Limited


A company's technical data, including stock price and trading volume, can provide valuable insights when considered alongside its fundamentals. These include financial performance, market share, and growth strategy, as well as broader industry dynamics. Examining these factors helps investors or analysts make more informed decisions, as the company's fundamentals offer context for understanding how and why certain technical patterns may emerge in the market.