Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-09-10 View latest technical analysis

10 day averaged volume of Savita Oil is 103881

Date	Daily Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	581.95	580.95	588.50	573.35	0.49 times
09 Mon Sep 2024	579.00	582.00	592.50	575.45	0.521 times
06 Fri Sep 2024	584.70	590.00	591.90	578.80	0.66 times
05 Thu Sep 2024	587.50	600.00	605.00	585.10	1.272 times
04 Wed Sep 2024	605.85	604.00	621.45	597.00	1.053 times
03 Tue Sep 2024	607.70	605.05	617.00	603.70	0.448 times
02 Mon Sep 2024	603.40	612.75	618.45	595.85	0.798 times
30 Fri Aug 2024	608.80	592.00	625.80	590.00	1.393 times
29 Thu Aug 2024	592.85	607.20	609.95	590.60	0.459 times
28 Wed Aug 2024	611.65	624.00	624.55	606.95	0.42 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 582.6, but if it comes above 582.6, then a intra day buy could be more profitable.
If you take a sell trade below 582.6, then use 582.6 as stoploss and 567.5 as target. However if you take a buy trade in stock , then use 582.6 as stoploss and 595.19 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	472.85
Downside Target	548.25
Downside Target	570.70
Upside Target	598.50
Upside Target	599.00
Upside Target	612.95
Upside Target	621.45
Upside Target	633.90
Upside Target	634.85
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	572.7
Downside Intraday Target	563.45
Upside Intraday Target	591.85
Upside Intraday Target	601.75
Upside Intraday Target	582.6

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Tue Sep 2024	581.95	582.00	592.50	573.35	0.239 times
06 Fri Sep 2024	584.70	612.75	621.45	578.80	0.615 times
30 Fri Aug 2024	608.80	610.00	633.90	590.00	1.709 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

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
10 Tue Sep 2024	581.95	612.75	621.45	573.35	0.207 times
30 Fri Aug 2024	608.80	627.60	634.85	570.70	0.43 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

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 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 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 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 red color and prices are below the red 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 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 597.39 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 negative.

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