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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 2024-01-17 View latest technical analysis

10 day averaged volume of Savita Oil is 192368

Date	Daily Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	357.30	364.00	364.40	355.00	0.342 times
16 Tue Jan 2024	365.15	373.90	373.90	360.30	0.367 times
15 Mon Jan 2024	368.50	372.35	378.00	367.00	0.365 times
12 Fri Jan 2024	374.30	372.50	377.90	370.55	0.897 times
11 Thu Jan 2024	372.05	373.50	379.70	368.85	1.249 times
10 Wed Jan 2024	372.70	361.00	376.00	357.80	1.009 times
09 Tue Jan 2024	362.35	352.80	372.00	350.35	0.843 times
08 Mon Jan 2024	351.05	359.05	363.00	350.00	0.415 times
05 Fri Jan 2024	358.50	365.70	366.55	352.10	0.556 times
04 Thu Jan 2024	364.00	370.00	372.90	363.00	0.76 times

My analysis of stock is bearish for shortterm, and stock might move down till 347.4 or till 334.2. Use a stoploss of 358.42 and if the stock hits stoploss, then it can shoot up till 369.42

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	345.40
Upside Target	359.00
Upside 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	348.87
Downside Intraday Target	340.43
Upside Intraday Target	371.87
Upside Intraday Target	386.43
Upside Intraday Target	363.43

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
17 Wed Jan 2024	357.30	372.35	378.00	355.00	0.243 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
17 Wed Jan 2024	357.30	352.05	379.70	345.40	0.65 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Savita Oil in short term but the sell signal is initial and weak.

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 in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Savita Oil in short term and SELL signal is strong!

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 366.65 and Savita Oil (SOTL) stock is trading below this level. This means that stock is falling with high volumes. 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.