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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 2024-01-15 View latest technical analysis

10 day averaged volume of Savita Oil is 193433

Date	Daily Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	368.50	372.35	378.00	367.00	0.363 times
12 Fri Jan 2024	374.30	372.50	377.90	370.55	0.892 times
11 Thu Jan 2024	372.05	373.50	379.70	368.85	1.242 times
10 Wed Jan 2024	372.70	361.00	376.00	357.80	1.004 times
09 Tue Jan 2024	362.35	352.80	372.00	350.35	0.838 times
08 Mon Jan 2024	351.05	359.05	363.00	350.00	0.412 times
05 Fri Jan 2024	358.50	365.70	366.55	352.10	0.553 times
04 Thu Jan 2024	364.00	370.00	372.90	363.00	0.756 times
03 Wed Jan 2024	369.50	348.20	378.00	348.20	3.52 times
02 Tue Jan 2024	349.10	353.00	353.55	345.40	0.241 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 368.4, but if it comes below 368.4, then a intra day sell could be more profitable.
If you take a sell trade below 368.4, then use 368.4 as stoploss and 356.39 as target. However if you take a buy trade in stock , then use 368.4 as stoploss and 382.9 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	367.00
Downside Target	368.00
Upside 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	364.33
Downside Intraday Target	360.17
Upside Intraday Target	375.33
Upside Intraday Target	382.17
Upside Intraday Target	371.17

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
15 Mon Jan 2024	368.50	372.35	378.00	367.00	0.083 times
12 Fri Jan 2024	374.30	359.05	379.70	350.00	0.782 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

Price has moved down 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
15 Mon Jan 2024	368.50	352.05	379.70	345.40	0.609 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 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 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.

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

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

Savita Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

CCI has generated a SELL signal for Savita Oil in short term but SELL signal is weak.

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 367.62 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.