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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 2024-02-13 View latest technical analysis

10 day averaged volume of Savita Oil is 569349

Date	Daily Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	418.20	430.80	436.25	402.65	0.813 times
12 Mon Feb 2024	425.55	405.75	443.30	383.60	2.335 times
09 Fri Feb 2024	399.30	398.60	411.70	389.10	0.385 times
08 Thu Feb 2024	396.60	399.00	403.40	389.05	0.283 times
07 Wed Feb 2024	398.75	403.10	405.65	396.60	0.228 times
06 Tue Feb 2024	401.45	397.30	410.00	396.35	0.352 times
05 Mon Feb 2024	397.30	423.95	428.90	390.95	0.951 times
02 Fri Feb 2024	423.05	423.85	441.00	415.00	0.6 times
01 Thu Feb 2024	420.35	419.95	436.40	411.60	0.833 times
31 Wed Jan 2024	417.40	417.90	426.10	408.15	1.641 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 413.4, but if it comes below 413.4, then a intra day sell could be more profitable.
If you take a sell trade below 413.4, then use 413.4 as stoploss and 386.56 as target. However if you take a buy trade in stock , then use 413.4 as stoploss and 445.6 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	313.00
Downside Target	322.05
Downside Target	340.00
Downside Target	352.20
Downside Target	368.00
Downside Target	389.00
Downside Target	389.05
Upside Target	426.10
Upside Target	428.90
Upside Target	441.00
Upside Target	443.30

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	386.77
Downside Intraday Target	355.33
Upside Intraday Target	446.47
Upside Intraday Target	474.73
Downside Intraday Target	415.03

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Tue Feb 2024	418.20	405.75	443.30	383.60	1.431 times
09 Fri Feb 2024	399.30	423.95	428.90	389.05	0.393 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

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
13 Tue Feb 2024	418.20	419.95	443.30	383.60	0.773 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 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 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.

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. 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 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 415.46 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.