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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 2024-01-11 View latest technical analysis

10 day averaged volume of Savita Oil is 177633

Date	Daily Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	372.05	373.50	379.70	368.85	1.352 times
10 Wed Jan 2024	372.70	361.00	376.00	357.80	1.093 times
09 Tue Jan 2024	362.35	352.80	372.00	350.35	0.913 times
08 Mon Jan 2024	351.05	359.05	363.00	350.00	0.449 times
05 Fri Jan 2024	358.50	365.70	366.55	352.10	0.602 times
04 Thu Jan 2024	364.00	370.00	372.90	363.00	0.823 times
03 Wed Jan 2024	369.50	348.20	378.00	348.20	3.833 times
02 Tue Jan 2024	349.10	353.00	353.55	345.40	0.263 times
01 Mon Jan 2024	351.15	352.05	355.95	346.10	0.59 times
29 Fri Dec 2023	352.05	354.60	358.80	350.10	0.575 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 365.4, but if it comes below 365.4, then a intra day sell could be more profitable.
If you take a sell trade below 365.4, then use 365.4 as stoploss and 353.64 as target. However if you take a buy trade in stock , then use 365.4 as stoploss and 379.4 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	345.40
Downside Target	359.00
Downside Target	362.70
Downside Target	368.00
Downside Target	369.95
Upside Target	378.00
Upside Target	379.70
Upside Target	389.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	354.8
Downside Intraday Target	337.55
Upside Intraday Target	384.5
Upside Intraday Target	396.95
Downside Intraday Target	367.25

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Thu Jan 2024	372.05	359.05	379.70	350.00	0.623 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
11 Thu Jan 2024	372.05	352.05	379.70	345.40	0.535 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

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 365.19 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 rising upwards.

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 is giving positive 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.