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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 2024-04-08 View latest technical analysis

10 day averaged volume of Savita Oil is 551665

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	477.70	496.95	500.50	474.20	0.414 times
05 Fri Apr 2024	490.05	484.90	495.00	479.50	0.59 times
04 Thu Apr 2024	481.20	483.10	493.00	477.05	0.466 times
03 Wed Apr 2024	482.80	481.30	489.00	474.80	0.595 times
02 Tue Apr 2024	479.45	471.70	492.00	465.25	1.254 times
01 Mon Apr 2024	470.75	465.20	484.95	465.20	0.897 times
28 Thu Mar 2024	458.80	440.85	478.10	440.00	2.239 times
27 Wed Mar 2024	438.10	433.90	447.15	432.65	0.638 times
26 Tue Mar 2024	432.45	425.90	454.70	419.00	2.928 times
22 Fri Mar 2024	412.65	410.90	422.50	410.00	0.277 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 467.8, but if it comes below 467.8, then a intra day sell could be more profitable.
If you take a sell trade below 467.8, then use 467.8 as stoploss and 434.64 as target. However if you take a buy trade in stock , then use 467.8 as stoploss and 507.7 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	322.05
Downside Target	340.00
Downside Target	369.95
Downside Target	383.60
Downside Target	419.00
Downside Target	465.20
Downside Target	474.20
Upside Target	478.10
Upside Target	484.95
Upside Target	495.00
Upside Target	500.50

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	467.77
Downside Intraday Target	457.83
Upside Intraday Target	494.07
Upside Intraday Target	510.43
Upside Intraday Target	484.13

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Apr 2024	477.70	496.95	500.50	474.20	0.109 times
05 Fri Apr 2024	490.05	465.20	495.00	465.20	0.655 times
28 Thu Mar 2024	458.80	425.90	478.10	419.00	6.179 times
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

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
08 Mon Apr 2024	477.70	465.20	500.50	465.20	0.384 times
28 Thu Mar 2024	458.80	434.90	478.10	390.05	0.514 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

Scroll below to view daily charts

Price has moved up 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! 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 coming down

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

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 457.29 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.