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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 2024-05-08 View latest technical analysis

10 day averaged volume of Savita Oil is 401487

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed May 2024	582.05	584.20	598.50	575.60	1.131 times
07 Tue May 2024	584.60	560.00	593.10	558.05	1.96 times
06 Mon May 2024	558.70	571.00	573.90	545.50	0.594 times
03 Fri May 2024	569.65	582.65	584.90	565.60	0.369 times
02 Thu May 2024	578.70	580.00	586.40	575.00	0.508 times
30 Tue Apr 2024	579.80	593.35	593.60	575.00	0.478 times
29 Mon Apr 2024	591.85	595.00	601.10	582.55	0.689 times
26 Fri Apr 2024	591.75	574.70	609.00	564.40	1.851 times
25 Thu Apr 2024	571.55	570.60	574.60	560.10	0.638 times
24 Wed Apr 2024	568.65	572.40	591.45	561.95	1.051 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 593.4 as stoploss in an intra day sell trade for a target of 552.62. However, stock will show a bullish move above 593.4.

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	474.20
Downside Target	508.50
Downside Target	545.50
Downside Target	565.60
Upside Target	598.50
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	552.2
Downside Intraday Target	522.35
Upside Intraday Target	605.2
Upside Intraday Target	628.35
Downside Intraday Target	575.35

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed May 2024	582.05	571.00	598.50	545.50	1.803 times
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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Savita Oil (SOTL)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Wed May 2024	582.05	580.00	598.50	545.50	0.138 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 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 weakening, and bulls 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 buy signal for Savita Oil in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY 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 580.72 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.