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(SOTL) Savita Oil complete technical analysis [charts+indicators] | Buy/Sell Savita Oil | (SOTL) share price targets

Complete technical analysis of Savita Oil (SOTL) by charts plus indicators, forecast predictions and share price targets for Savita Oil (SOTL)

Savita Oil trades in NSE in Refineries sector.

Showing technical analysis as on 2024-01-09 View latest technical analysis

10 day averaged volume of Savita Oil is 190067

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	362.35	352.80	372.00	350.35	0.853 times
08 Mon Jan 2024	351.05	359.05	363.00	350.00	0.42 times
05 Fri Jan 2024	358.50	365.70	366.55	352.10	0.562 times
04 Thu Jan 2024	364.00	370.00	372.90	363.00	0.769 times
03 Wed Jan 2024	369.50	348.20	378.00	348.20	3.583 times
02 Tue Jan 2024	349.10	353.00	353.55	345.40	0.246 times
01 Mon Jan 2024	351.15	352.05	355.95	346.10	0.551 times
29 Fri Dec 2023	352.05	354.60	358.80	350.10	0.537 times
28 Thu Dec 2023	352.85	362.90	363.00	349.00	0.803 times
27 Wed Dec 2023	360.10	366.00	369.95	359.05	1.173 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 361.5, but if it comes below 361.5, then a intra day sell could be more profitable.
If you take a sell trade below 361.5, then use 361.5 as stoploss and 349.12 as target. However if you take a buy trade in stock , then use 361.5 as stoploss and 376.3 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	345.40
Downside Target	359.00
Upside Target	362.70
Upside Target	368.00
Upside Target	369.95
Upside Target	372.00
Upside Target	378.00
Upside Target	389.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	350.9
Downside Intraday Target	339.45
Upside Intraday Target	372.9
Upside Intraday Target	383.45
Downside Intraday Target	361.45

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	362.35	359.05	372.00	350.00	0.223 times
05 Fri Jan 2024	358.50	352.05	378.00	345.40	1.476 times
29 Fri Dec 2023	352.05	353.40	369.95	348.55	0.932 times
22 Fri Dec 2023	353.40	353.45	359.00	322.60	0.755 times
15 Fri Dec 2023	352.65	330.00	362.70	322.95	2.397 times

Price has moved up this week, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming weeks.

Monthly technical analysis of Savita Oil (SOTL)

Date	Monthly Closing Price	Open	High	Low	Volume
09 Tue Jan 2024	362.35	352.05	378.00	345.40	0.403 times
29 Fri Dec 2023	352.05	325.40	369.95	322.05	1.644 times
30 Thu Nov 2023	323.40	362.80	368.00	315.00	0.387 times
31 Tue Oct 2023	363.70	328.00	389.00	313.00	1.914 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Savita Oil (SOTL)

Price action analysis of Savita Oil ( (SOTL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Savita Oil ( (SOTL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Savita Oil ( (SOTL) ) based on a short to mid term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Savita Oil ( (SOTL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Savita Oil stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Savita Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Savita Oil Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Savita Oil in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Savita Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 361.8 and Savita Oil (SOTL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Savita Oil (SOTL) stock. Volume based technical analysis of Savita Oil (SOTL) stock is negative.

Savita Oil Stock has given negative returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.