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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 2024-06-04 View latest technical analysis

10 day averaged volume of Savita Oil is 146592

Date	Daily Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	455.95	496.00	501.05	447.00	1.894 times
03 Mon Jun 2024	493.40	515.55	515.55	490.00	1.162 times
31 Fri May 2024	500.05	503.00	509.00	494.70	0.531 times
30 Thu May 2024	498.05	507.00	512.70	495.35	0.536 times
29 Wed May 2024	507.60	496.00	515.50	494.45	0.951 times
28 Tue May 2024	496.65	503.00	510.00	495.15	1.027 times
27 Mon May 2024	502.70	514.70	516.45	500.10	0.738 times
24 Fri May 2024	509.05	507.95	527.30	507.05	1.798 times
23 Thu May 2024	507.70	514.00	516.35	505.65	0.862 times
22 Wed May 2024	513.60	507.85	516.30	502.10	1.119 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 454.7, for a target of 486.6 or 513.23

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	383.60
Downside Target	447.00
Upside Target	461.55
Upside Target	472.85
Upside Target	515.55
Upside Target	516.45
Upside Target	527.30
Upside Target	534.45
Upside Target	545.50
Upside Target	598.50
Upside Target	614.90

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	430.12
Downside Intraday Target	404.28
Upside Intraday Target	498.67
Upside Intraday Target	541.38
Upside Intraday Target	472.83

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Tue Jun 2024	455.95	515.55	515.55	447.00	0.808 times
31 Fri May 2024	500.05	514.70	516.45	494.45	0.748 times
24 Fri May 2024	509.05	508.70	527.30	502.10	0.276 times
18 Sat May 2024	516.45	500.00	534.45	472.85	1.467 times
10 Fri May 2024	559.60	571.00	598.50	545.50	2.228 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
04 Tue Jun 2024	455.95	515.55	515.55	447.00	0.073 times
31 Fri May 2024	500.05	580.00	598.50	472.85	0.464 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

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 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 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 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 SELL. Signal strength is Strong and stock is gaining 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 weakening, and bulls are picking up momentum!

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 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 495.46 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.