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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 2024-03-01 View latest technical analysis

10 day averaged volume of Savita Oil is 727778

Date	Daily Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	445.70	434.90	450.35	434.90	0.425 times
29 Thu Feb 2024	432.40	434.00	440.35	427.70	0.213 times
28 Wed Feb 2024	433.20	448.95	457.05	428.95	0.567 times
27 Tue Feb 2024	448.05	479.90	479.90	443.00	0.719 times
26 Mon Feb 2024	478.55	448.00	484.95	448.00	2.149 times
23 Fri Feb 2024	445.20	459.35	460.45	442.25	0.403 times
22 Thu Feb 2024	453.65	436.10	474.00	436.10	2.988 times
21 Wed Feb 2024	430.05	419.45	443.10	417.65	1.93 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	0.191 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 444.8, but if it comes below 444.8, then a intra day sell could be more profitable.
If you take a sell trade below 444.8, then use 444.8 as stoploss and 422.65 as target. However if you take a buy trade in stock , then use 444.8 as stoploss and 471.4 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	315.00
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	443.30
Upside Target	450.35
Upside Target	474.00
Upside Target	484.95

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	420.62
Downside Intraday Target	395.53
Upside Intraday Target	477.87
Upside Intraday Target	510.03
Upside Intraday Target	452.78

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
01 Fri Mar 2024	445.70	448.00	484.95	427.70	0.7 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
01 Fri Mar 2024	445.70	434.90	450.35	434.90	0.026 times
29 Thu Feb 2024	432.40	419.95	484.95	383.60	2.358 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

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 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 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 gaining 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 above the green cloud Prices appear to be moving up

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 449.72 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.