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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 2024-03-22 View latest technical analysis

10 day averaged volume of Savita Oil is 184426

Date	Daily Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	412.65	410.90	422.50	410.00	0.828 times
21 Thu Mar 2024	408.00	407.15	409.90	404.05	0.346 times
20 Wed Mar 2024	400.30	397.00	418.70	397.00	0.591 times
19 Tue Mar 2024	398.90	400.00	405.85	396.05	0.496 times
18 Mon Mar 2024	403.15	407.50	415.10	399.90	0.549 times
15 Fri Mar 2024	407.60	412.00	418.00	402.50	0.623 times
14 Thu Mar 2024	412.20	396.00	415.00	393.80	0.787 times
13 Wed Mar 2024	398.80	411.90	420.00	390.05	2.244 times
12 Tue Mar 2024	409.90	398.00	433.60	396.10	3.154 times
11 Mon Mar 2024	405.75	424.05	424.85	403.55	0.598 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 402.4 as stoploss in an intra day buy trade for a target of 423.55. However, stock will show a bearish move below 402.4.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	315.00
Downside Target	322.05
Downside Target	340.00
Downside Target	368.00
Downside Target	383.60
Downside Target	406.00
Upside Target	422.50
Upside Target	433.60
Upside Target	456.10
Upside Target	474.00
Upside Target	484.95

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	398.3
Downside Intraday Target	383.95
Upside Intraday Target	424.75
Upside Intraday Target	436.85
Downside Intraday Target	410.4

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Fri Mar 2024	412.65	407.50	422.50	396.05	0.379 times
15 Fri Mar 2024	407.60	424.05	433.60	390.05	2.14 times
07 Thu Mar 2024	424.20	453.85	456.10	411.55	0.214 times
02 Sat Mar 2024	449.40	448.00	484.95	427.70	0.706 times
23 Fri Feb 2024	445.20	414.95	474.00	406.00	1.5 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
22 Fri Mar 2024	412.65	434.90	456.10	390.05	0.243 times
29 Thu Feb 2024	432.40	419.95	484.95	383.60	2.358 times
31 Wed Jan 2024	417.40	352.05	426.10	340.00	1.517 times
29 Fri Dec 2023	352.05	325.40	369.95	322.05	1.644 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 buy signal for Savita Oil in short term and BUY 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

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 405.96 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.