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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 2024-07-19 View latest technical analysis

10 day averaged volume of Savita Oil is 378366

Date	Daily Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	577.25	595.00	596.40	568.30	0.344 times
18 Thu Jul 2024	593.05	605.10	610.20	590.00	0.285 times
16 Tue Jul 2024	610.45	620.55	630.60	602.00	0.313 times
15 Mon Jul 2024	620.55	614.10	624.00	591.55	0.626 times
12 Fri Jul 2024	613.60	627.20	633.90	612.00	0.33 times
11 Thu Jul 2024	622.50	630.55	638.00	618.50	0.327 times
10 Wed Jul 2024	624.30	644.00	646.75	607.80	0.582 times
09 Tue Jul 2024	641.30	632.00	655.00	622.35	0.802 times
08 Mon Jul 2024	628.50	642.95	644.90	625.35	0.565 times
05 Fri Jul 2024	642.15	635.05	654.90	635.05	1.785 times

My analysis of stock is bearish for shortterm, and stock might move down till 554.9 or till 511.9. Use a stoploss of 590.67 and if the stock hits stoploss, then it can shoot up till 626.46

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	390.05
Downside Target	447.00
Downside Target	461.55
Downside Target	472.85
Downside Target	516.25
Downside Target	548.25
Downside Target	568.30
Upside Target	590.95
Upside Target	607.80
Upside Target	614.90
Upside Target	630.60
Upside Target	654.90
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	553.5
Downside Intraday Target	529.75
Upside Intraday Target	615.8
Upside Intraday Target	654.35
Upside Intraday Target	592.05

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Fri Jul 2024	577.25	614.10	630.60	568.30	0.602 times
12 Fri Jul 2024	613.60	642.95	655.00	607.80	0.293 times
05 Fri Jul 2024	642.15	559.00	654.90	548.25	2.426 times
28 Fri Jun 2024	557.60	525.00	590.95	521.30	2.73 times
21 Fri Jun 2024	531.20	528.40	549.00	516.25	0.891 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
19 Fri Jul 2024	577.25	559.00	655.00	548.25	1.528 times
28 Fri Jun 2024	557.60	515.55	590.95	447.00	0.526 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

Scroll below to view daily charts

Price has moved up this month, and volume has increased substantially. This means that the move can 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 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 SELL. Signal strength is Weak 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 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 green color and prices are in or below 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 626.31 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 positive

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