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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 2024-07-23 View latest technical analysis

10 day averaged volume of Savita Oil is 166347

Date	Daily Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	577.40	579.35	581.40	555.50	0.524 times
22 Mon Jul 2024	575.90	577.00	588.20	562.60	0.504 times
19 Fri Jul 2024	577.25	595.00	596.40	568.30	0.783 times
18 Thu Jul 2024	593.05	605.10	610.20	590.00	0.649 times
16 Tue Jul 2024	610.45	620.55	630.60	602.00	0.712 times
15 Mon Jul 2024	620.55	614.10	624.00	591.55	1.424 times
12 Fri Jul 2024	613.60	627.20	633.90	612.00	0.751 times
11 Thu Jul 2024	622.50	630.55	638.00	618.50	0.745 times
10 Wed Jul 2024	624.30	644.00	646.75	607.80	1.323 times
09 Tue Jul 2024	641.30	632.00	655.00	622.35	1.824 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 564.4 as stoploss in an intra day buy trade for a target of 595.08. However, stock will show a bearish move below 564.4.

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	521.30
Downside Target	548.25
Downside Target	568.30
Upside Target	588.20
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	559.2
Downside Intraday Target	541
Upside Intraday Target	591.9
Upside Intraday Target	606.4
Downside Intraday Target	573.7

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Tue Jul 2024	577.40	577.00	588.20	555.50	0.288 times
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

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
23 Tue Jul 2024	577.40	559.00	655.00	548.25	1.581 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 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 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 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below the green cloud Prices appear to be moving up

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

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 613.52 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.