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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 2024-08-14 View latest technical analysis

10 day averaged volume of Savita Oil is 134421

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	593.00	580.65	599.00	578.00	1.254 times
13 Tue Aug 2024	578.95	584.50	584.50	577.00	0.657 times
12 Mon Aug 2024	577.00	582.90	585.00	575.00	0.79 times
09 Fri Aug 2024	582.90	581.50	586.10	580.25	0.431 times
08 Thu Aug 2024	578.05	580.00	584.35	575.00	0.593 times
07 Wed Aug 2024	581.85	589.90	593.90	579.00	0.769 times
06 Tue Aug 2024	581.85	584.00	603.75	579.50	1.784 times
05 Mon Aug 2024	574.55	598.05	603.70	570.70	2.722 times
02 Fri Aug 2024	628.75	623.95	633.60	618.75	0.632 times
01 Thu Aug 2024	625.00	627.60	634.85	621.40	0.859 times

My analysis of stock is bearish for shortterm, and stock might move down till 575.1 or till 551.5. Use a stoploss of 594.73 and if the stock hits stoploss, then it can shoot up till 614.38

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	461.55
Downside Target	472.85
Downside Target	548.25
Downside Target	568.30
Downside Target	590.95
Upside Target	614.90
Upside Target	615.00
Upside Target	626.35
Upside Target	630.60
Upside Target	634.85
Upside Target	640.00
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	579
Downside Intraday Target	565
Upside Intraday Target	603
Upside Intraday Target	613
Downside Intraday Target	589

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	593.00	582.90	599.00	575.00	0.429 times
09 Fri Aug 2024	582.90	598.05	603.75	570.70	1.128 times
02 Fri Aug 2024	628.75	639.00	640.00	615.00	1.236 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

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 Wed Aug 2024	593.00	627.60	634.85	570.70	0.231 times
31 Wed Jul 2024	621.40	559.00	655.00	548.25	1.885 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

Price action analysis of Savita Oil ( (SOTL) ) based on a short 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 short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 losing momentum.

MACD generated a SELL signal for Savita Oil in short term but the sell signal is initial and weak.

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 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 above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Savita Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 586.93 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 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.