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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 2024-02-07 View latest technical analysis

10 day averaged volume of Savita Oil is 417945

Date	Daily Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	398.75	403.10	405.65	396.60	0.31 times
06 Tue Feb 2024	401.45	397.30	410.00	396.35	0.48 times
05 Mon Feb 2024	397.30	423.95	428.90	390.95	1.295 times
02 Fri Feb 2024	423.05	423.85	441.00	415.00	0.818 times
01 Thu Feb 2024	420.35	419.95	436.40	411.60	1.134 times
31 Wed Jan 2024	417.40	417.90	426.10	408.15	2.236 times
30 Tue Jan 2024	405.55	361.10	419.00	359.00	3.258 times
29 Mon Jan 2024	359.80	369.45	370.00	356.80	0.175 times
25 Thu Jan 2024	364.00	371.10	372.00	354.50	0.161 times
24 Wed Jan 2024	365.60	340.20	370.00	340.00	0.257 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 402.8 as stoploss in an intra day sell trade for a target of 378.96. However, stock will show a bullish move above 402.8.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	322.05
Downside Target	340.00
Downside Target	350.00
Downside Target	368.00
Downside Target	389.00
Downside Target	390.95
Upside Target	426.10
Upside Target	428.90
Upside Target	441.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	383.5
Downside Intraday Target	368.25
Upside Intraday Target	421.45
Upside Intraday Target	444.15
Upside Intraday Target	406.2

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
07 Wed Feb 2024	398.75	423.95	428.90	390.95	0.274 times
02 Fri Feb 2024	423.05	369.45	441.00	356.80	10.007 times
25 Thu Jan 2024	364.00	355.80	372.00	340.00	0.853 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

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
07 Wed Feb 2024	398.75	419.95	441.00	390.95	0.338 times
31 Wed Jan 2024	417.40	352.05	426.10	340.00	1.517 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

Scroll below to view daily charts

Price has moved down 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears are picking up momentum.

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 but SELL 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 407.31 and Savita Oil (SOTL) stock is trading below this level. This means that stock is falling with high volumes. 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.