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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.

10 day averaged volume of Savita Oil is 51821

Date	Daily Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	558.60	569.00	574.00	557.05	0.737 times
26 Thu Sep 2024	567.25	564.45	578.45	553.00	1.075 times
25 Wed Sep 2024	563.50	568.70	573.00	559.95	0.566 times
24 Tue Sep 2024	568.70	565.35	572.70	565.35	0.566 times
23 Mon Sep 2024	565.35	568.00	568.00	560.00	0.61 times
20 Fri Sep 2024	562.55	566.85	577.00	555.05	1.345 times
19 Thu Sep 2024	561.45	576.00	580.10	550.55	1.641 times
18 Wed Sep 2024	574.60	583.85	587.45	571.00	0.686 times
17 Tue Sep 2024	583.85	580.95	594.55	580.95	1.217 times
16 Mon Sep 2024	580.95	583.10	587.95	577.00	0.758 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 564.7, but if it comes above 564.7, then a intra day buy could be more profitable.
If you take a sell trade below 564.7, then use 564.7 as stoploss and 547.8 as target. However if you take a buy trade in stock , then use 564.7 as stoploss and 578.84 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	472.85
Downside Target	548.25
Upside Target	570.70
Upside Target	592.50
Upside Target	594.55
Upside Target	598.50
Upside Target	621.45
Upside Target	633.90
Upside Target	634.85
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	548.25
Downside Intraday Target	537.9
Upside Intraday Target	573.7
Upside Intraday Target	588.8
Upside Intraday Target	563.35

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Fri Sep 2024	558.60	568.00	578.45	553.00	0.629 times
20 Fri Sep 2024	562.55	583.10	594.55	550.55	1.115 times
13 Fri Sep 2024	583.10	582.00	592.50	573.35	0.597 times
06 Fri Sep 2024	584.70	612.75	621.45	578.80	0.615 times
30 Fri Aug 2024	608.80	610.00	633.90	590.00	1.709 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
27 Fri Sep 2024	558.60	612.75	621.45	550.55	0.449 times
30 Fri Aug 2024	608.80	627.60	634.85	570.70	0.43 times
31 Wed Jul 2024	621.40	559.00	655.00	548.25	1.885 times
28 Fri Jun 2024	557.60	515.55	590.95	447.00	0.526 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Savita Oil stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Savita Oil in short term and the sell signal is strong.

Savita Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Savita Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Savita Oil is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 568.44 and Savita Oil (SOTL) stock is trading below this level. This means that stock is falling with high volumes. 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.