Overall Technical outlook

Price Summary

On 2025-08-14, Oil India Limited's stock began at 408.3, peaked at 409.6, bottomed at 396.5, and closed -1.85% down at 400.75, with a volume of 3923096 shares.
The highest price the stock achieved in the past 52 weeks is 741.0, while the lowest price it saw is 341.65.
20 analysts suggest that OIL's future price will lie between 315.0 and 755.0, with an average expected price of roughly 534.7.

Technicals

Support and Resistance: The price for OIL at 400.75 finds support at 400.55 and resistance at 423.3. This suggests a trading range, where 400.55 serves as a support level and 423.3 acts as a resistance point, potentially capping further gains.
OIL supportResistance c74c3b
Support/Resistance for OIL


Aroon: Aroon's bearish trend persists, with Aroon Down remaining at 100. This consistent downward momentum suggests continued declines, but further analysis is necessary using other indicators to fully comprehend the trend's future direction.
OIL aroon c74c3b
Aroon chart for Oil India Limited


Bol. Bands: The price has moved below the lower Bollinger Band, a signal that OIL may be experiencing heightened selling pressure. This move indicates a potential oversold condition, where prices have fallen significantly. Traders often see a break below the lower band as a sign of a bearish trend continuation, but it could also prompt a reversal if buying interest picks up at these lower levels.
OIL bbands c74c3b
Bolinger Bands chart for Oil India Limited


Parabolic SAR: The PSAR remains in a bearish mode, setting a strong resistance level that could impede any upward trends. This resistance indicates that the market may struggle to break higher, reflecting ongoing bearish sentiment for OIL.
OIL psar c74c3b
Parabolic Stop and Reverse chart for Oil India Limited


Stochastic: With the Stochastic K-line below the D-line and under 20, the market shows a mildly bearish trend. This setup suggests possible downward movement, though the bearish sentiment is relatively mild. Traders should keep this in mind and watch for further developments.
OIL stoch c74c3b
Stochastic chart for Oil India Limited


Tripple Moving Agerage: The Tripple MOVING AVG is in a neutral stance for OIL, not indicating a clear upward or downward trend. This suggests a period of market indecision, where neither bulls nor bears have the upper hand.
OIL trippleSMA c74c3b
Tripple SMA chart for Oil India Limited


A comprehensive approach to analyzing a company requires considering both its technical and fundamental aspects. The company's fundamentals, such as its earnings, growth prospects, and financial health, provide a strong foundation for understanding technical indicators. Additionally, examining the industry it operates in helps contextualize the company's position within the broader market. By integrating these factors, one can gain more valuable insights into the company's stock performance and potential investment opportunities.