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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 2024-08-27 View latest technical analysis

10 day averaged volume of Savita Oil is 103587

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	616.25	601.15	633.90	601.15	2.984 times
26 Mon Aug 2024	601.10	610.00	622.50	595.05	1.641 times
23 Fri Aug 2024	602.55	609.80	609.80	598.10	0.307 times
22 Thu Aug 2024	605.20	611.00	612.95	597.50	0.666 times
21 Wed Aug 2024	605.30	580.00	607.95	579.05	1.921 times
20 Tue Aug 2024	581.65	582.80	586.05	578.95	0.678 times
19 Mon Aug 2024	578.60	577.85	583.00	577.15	0.468 times
16 Fri Aug 2024	577.85	583.00	587.70	576.25	0.815 times
14 Wed Aug 2024	593.00	580.65	599.00	578.00	1.627 times
13 Tue Aug 2024	578.95	584.50	584.50	577.00	0.852 times

Stock of Savita Oil (SOTL) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 615.9, but if it comes below 615.9, then a intra day sell could be more profitable.
If you take a sell trade below 615.9, then use 615.9 as stoploss and 596.38 as target. However if you take a buy trade in stock , then use 615.9 as stoploss and 639.4 as target.

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	570.70
Downside Target	590.95
Downside Target	612.95
Downside Target	614.90
Downside Target	615.00
Upside Target	633.90
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	596.23
Downside Intraday Target	576.22
Upside Intraday Target	635.08
Upside Intraday Target	653.92
Downside Intraday Target	615.07

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue Aug 2024	616.25	610.00	633.90	595.05	1.145 times
23 Fri Aug 2024	602.55	577.85	612.95	577.15	0.935 times
16 Fri Aug 2024	577.85	582.90	599.00	575.00	0.528 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

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
27 Tue Aug 2024	616.25	627.60	634.85	570.70	0.392 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 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 Strong 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting tired and bears 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 and BUY signal is strong.

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 599.57 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.