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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 2024-06-14 View latest technical analysis

10 day averaged volume of Savita Oil is 128964

Date	Daily Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	524.20	515.00	526.50	509.25	1.006 times
13 Thu Jun 2024	514.30	515.00	519.85	510.30	0.582 times
12 Wed Jun 2024	512.80	516.00	526.25	510.20	0.637 times
11 Tue Jun 2024	522.25	520.75	529.40	516.05	1.236 times
10 Mon Jun 2024	514.35	511.90	520.75	501.85	0.963 times
07 Fri Jun 2024	504.80	492.85	509.70	492.20	0.924 times
06 Thu Jun 2024	492.20	489.95	497.95	487.10	0.682 times
05 Wed Jun 2024	481.80	463.35	487.45	448.75	0.899 times
04 Tue Jun 2024	455.95	496.00	501.05	447.00	2.153 times
03 Mon Jun 2024	493.40	515.55	515.55	490.00	1.321 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 518.7, but if it comes below 518.7, then a intra day sell could be more profitable.
If you take a sell trade below 518.7, then use 518.7 as stoploss and 503.74 as target. However if you take a buy trade in stock , then use 518.7 as stoploss and 536.7 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	383.60
Downside Target	447.00
Downside Target	461.55
Downside Target	472.85
Downside Target	515.55
Downside Target	516.45
Upside Target	527.30
Upside Target	529.40
Upside Target	534.45
Upside Target	598.50
Upside Target	614.90

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	507.57
Downside Intraday Target	490.93
Upside Intraday Target	535.12
Upside Intraday Target	546.03
Downside Intraday Target	518.48

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Fri Jun 2024	524.20	511.90	529.40	501.85	0.74 times
07 Fri Jun 2024	504.80	515.55	515.55	447.00	1.391 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

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
14 Fri Jun 2024	524.20	515.55	529.40	447.00	0.218 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 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 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 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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Savita Oil in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Savita Oil Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 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 496.28 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 negative.

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