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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 2024-07-30 View latest technical analysis

10 day averaged volume of Savita Oil is 144560

Date	Daily Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	635.70	620.15	639.65	619.90	1.399 times
29 Mon Jul 2024	617.65	639.00	640.00	615.00	1.696 times
26 Fri Jul 2024	601.30	599.50	626.35	597.85	1.121 times
25 Thu Jul 2024	596.55	592.05	608.00	585.80	0.558 times
24 Wed Jul 2024	596.40	576.20	610.00	576.15	1.337 times
23 Tue Jul 2024	577.40	579.35	581.40	555.50	0.603 times
22 Mon Jul 2024	575.90	577.00	588.20	562.60	0.58 times
19 Fri Jul 2024	577.25	595.00	596.40	568.30	0.9 times
18 Thu Jul 2024	593.05	605.10	610.20	590.00	0.747 times
16 Tue Jul 2024	610.45	620.55	630.60	602.00	0.819 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 631.1, but if it comes below 631.1, then a intra day sell could be more profitable.
If you take a sell trade below 631.1, then use 631.1 as stoploss and 607.72 as target. However if you take a buy trade in stock , then use 631.1 as stoploss and 659.2 as target.

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	548.25
Downside Target	568.30
Downside Target	590.95
Downside Target	626.35
Downside Target	630.60
Upside Target	640.00
Upside Target	654.90
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	620.47
Downside Intraday Target	605.23
Upside Intraday Target	645.47
Upside Intraday Target	655.23
Downside Intraday Target	630.23

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
30 Tue Jul 2024	635.70	639.00	640.00	615.00	0.737 times
26 Fri Jul 2024	601.30	577.00	626.35	555.50	1.023 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

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
30 Tue Jul 2024	635.70	559.00	655.00	548.25	1.853 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 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 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 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 losing 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 green color and prices are above the green 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 603.06 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.