Overall Technical outlook

Price Summary

On 2026-01-30, Oil India Limited's stock opened at 511.55, spiked to 518.0, declined to 500.35, and closed -0.29% down at 510.05, with 12028143 shares traded.
The stock's highest price in the past 52 weeks is 514.75, while its lowest price during the same period is 341.65.
Future price predictions suggest a range between 275.0 and 755.0, with an average expected price of 503.75, as per 20 analysts.

Technicals


Aroon: The current state of the AROON is neutral, providing no clear signals for either an upward or downward movement. This indicates that the market may be in a state of equilibrium, with no strong momentum in either direction.
OIL aroon 165b4e
Aroon chart for Oil India Limited


Bol. Bands: The price remains above the upper Bollinger Band, where it has been since its last upward move. This indicates strong bullish momentum and suggests that the asset could be in an overbought condition. Traders might view this as a sign of continued strength, but the extended period above the band also raises the possibility of an impending correction or pullback.
OIL bbands 165b4e
Bolinger Bands chart for Oil India Limited


Parabolic SAR: The PSAR for OIL maintains its bullish outlook, setting a strong support level that could underpin further gains. This suggests that the market is likely to continue its upward trajectory, with the established support providing a safety net for ongoing bullish momentum.
OIL psar 165b4e
Parabolic Stop and Reverse chart for Oil India Limited


Stochastic: The stochastic indicator shows a bullish sentiment, with the K-line above both the D-line and the 80 level. This configuration indicates strong upward momentum, suggesting that OIL may continue its upward trend. Traders might view this as a sign of sustained strength.
OIL stoch 165b4e
Stochastic chart for Oil India Limited


Tripple Moving Agerage: The alignment of the 20, 50, and 100 moving averages points to a bearish trend, but the slopes of the 20 and 50 SMAs are starting to waver. This weakening of the bearish momentum could indicate that the market is approaching a turning point, with the possibility of a bullish reversal on the horizon. Investors should be alert for signs of a trend change as the current downtrend may be losing steam.
OIL trippleSMA 165b4e
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.