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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 2024-01-24 View latest technical analysis

10 day averaged volume of Savita Oil is 112364

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	365.60	340.20	370.00	340.00	0.957 times
23 Tue Jan 2024	345.75	360.00	362.50	342.35	0.689 times
22 Mon Jan 2024	357.85	355.80	364.20	352.65	0.587 times
19 Fri Jan 2024	354.05	360.00	363.00	352.50	0.835 times
18 Thu Jan 2024	358.25	357.30	362.40	352.20	0.649 times
17 Wed Jan 2024	357.30	364.00	364.40	355.00	0.585 times
16 Tue Jan 2024	365.15	373.90	373.90	360.30	0.628 times
15 Mon Jan 2024	368.50	372.35	378.00	367.00	0.625 times
12 Fri Jan 2024	374.30	372.50	377.90	370.55	1.536 times
11 Thu Jan 2024	372.05	373.50	379.70	368.85	2.138 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 368.5 as stoploss in an intra day sell trade for a target of 360.1. However, stock will show a bullish move above 368.5.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	340.00
Upside Target	368.00
Upside Target	369.95
Upside Target	370.00
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	347.07
Downside Intraday Target	328.53
Upside Intraday Target	377.07
Upside Intraday Target	388.53
Downside Intraday Target	358.53

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jan 2024	365.60	355.80	370.00	340.00	0.672 times
19 Fri Jan 2024	354.05	372.35	378.00	352.20	0.44 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

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
24 Wed Jan 2024	365.60	352.05	379.70	340.00	0.777 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Savita Oil ( (SOTL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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.

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 weakening, and bulls are picking up momentum!

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 but BUY signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining 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 364.64 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.