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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 2024-05-03 View latest technical analysis

10 day averaged volume of Savita Oil is 727393

Date	Daily Closing Price	Open	High	Low	Volume
03 Fri May 2024	569.65	582.65	584.90	565.60	0.204 times
02 Thu May 2024	578.70	580.00	586.40	575.00	0.28 times
30 Tue Apr 2024	579.80	593.35	593.60	575.00	0.264 times
29 Mon Apr 2024	591.85	595.00	601.10	582.55	0.38 times
26 Fri Apr 2024	591.75	574.70	609.00	564.40	1.022 times
25 Thu Apr 2024	571.55	570.60	574.60	560.10	0.352 times
24 Wed Apr 2024	568.65	572.40	591.45	561.95	0.58 times
23 Tue Apr 2024	566.35	595.90	595.90	553.10	1.027 times
22 Mon Apr 2024	594.00	596.00	614.90	583.00	1.374 times
19 Fri Apr 2024	592.20	548.55	601.95	545.00	2.302 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 584.6 as stoploss in an intra day sell trade for a target of 539.06. However, stock will show a bullish move above 584.6.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	340.00
Downside Target	383.60
Downside Target	426.10
Downside Target	461.55
Downside Target	495.00
Downside Target	508.50
Downside Target	553.10
Downside Target	565.60
Upside Target	586.40
Upside Target	601.10
Upside Target	601.95
Upside Target	614.90

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	556.47
Downside Intraday Target	543.28
Upside Intraday Target	591.97
Upside Intraday Target	614.28
Upside Intraday Target	578.78

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Fri May 2024	569.65	595.00	601.10	565.60	0.259 times
26 Fri Apr 2024	591.75	596.00	614.90	553.10	0.537 times
19 Fri Apr 2024	592.20	480.00	601.95	461.55	3.62 times
12 Fri Apr 2024	484.50	496.95	508.50	474.20	0.777 times
05 Fri Apr 2024	490.05	465.20	495.00	465.20	0.655 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
03 Fri May 2024	569.65	580.00	586.40	565.60	0.027 times
30 Tue Apr 2024	579.80	465.20	614.90	461.55	2.189 times
28 Thu Mar 2024	458.80	434.90	478.10	390.05	0.514 times
29 Thu Feb 2024	432.40	419.95	484.95	383.60	2.358 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 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 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 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. 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 and SELL signal is strong!

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 584.84 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.