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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 2024-02-27 View latest technical analysis

10 day averaged volume of Savita Oil is 728972

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	448.05	479.90	479.90	443.00	0.718 times
26 Mon Feb 2024	478.55	448.00	484.95	448.00	2.145 times
23 Fri Feb 2024	445.20	459.35	460.45	442.25	0.402 times
22 Thu Feb 2024	453.65	436.10	474.00	436.10	2.983 times
21 Wed Feb 2024	430.05	419.45	443.10	417.65	1.927 times
20 Tue Feb 2024	416.90	410.00	421.75	408.45	0.306 times
19 Mon Feb 2024	408.50	414.95	415.65	406.00	0.19 times
16 Fri Feb 2024	408.70	409.90	422.55	405.00	0.534 times
15 Thu Feb 2024	406.90	408.20	417.95	404.50	0.411 times
14 Wed Feb 2024	408.05	411.25	424.50	404.95	0.467 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 441.3, but if it comes below 441.3, then a intra day sell could be more profitable.
If you take a sell trade below 441.3, then use 441.3 as stoploss and 420.13 as target. However if you take a buy trade in stock , then use 441.3 as stoploss and 466.8 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	356.80
Downside Target	368.00
Downside Target	383.60
Downside Target	406.00
Downside Target	426.10
Downside Target	441.00
Downside Target	443.00
Downside Target	443.30
Upside Target	474.00
Upside Target	484.95

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	432.38
Downside Intraday Target	416.72
Upside Intraday Target	474.33
Upside Intraday Target	500.62
Upside Intraday Target	458.67

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Feb 2024	448.05	448.00	484.95	443.00	0.493 times
23 Fri Feb 2024	445.20	414.95	474.00	406.00	1.5 times
16 Fri Feb 2024	408.70	405.75	443.30	383.60	2.253 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

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
27 Tue Feb 2024	448.05	419.95	484.95	383.60	2.244 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, and volume has increased substantially. This means that the move can 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 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 445.34 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.