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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 2024-10-03 View latest technical analysis

10 day averaged volume of Savita Oil is 45184

Date	Daily Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	554.95	560.70	564.95	550.00	1.28 times
01 Tue Oct 2024	566.55	563.70	571.20	560.40	0.632 times
30 Mon Sep 2024	563.70	559.00	573.50	550.85	1.079 times
27 Fri Sep 2024	558.60	569.00	574.00	557.05	0.845 times
26 Thu Sep 2024	567.25	564.45	578.45	553.00	1.233 times
25 Wed Sep 2024	563.50	568.70	573.00	559.95	0.649 times
24 Tue Sep 2024	568.70	565.35	572.70	565.35	0.649 times
23 Mon Sep 2024	565.35	568.00	568.00	560.00	0.7 times
20 Fri Sep 2024	562.55	566.85	577.00	555.05	1.543 times
19 Thu Sep 2024	561.45	576.00	580.10	550.55	1.883 times

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 550.8, for a target of 562.5 or 572.26

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	548.25
Upside Target	570.70
Upside Target	578.80
Upside Target	590.95
Upside Target	592.50
Upside Target	594.55
Upside Target	621.45
Upside Target	634.85
Upside Target	655.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	545.47
Downside Intraday Target	535.98
Upside Intraday Target	568.97
Upside Intraday Target	582.98
Upside Intraday Target	559.48

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Thu Oct 2024	554.95	559.00	573.50	550.00	0.734 times
27 Fri Sep 2024	558.60	568.00	578.45	553.00	0.629 times
20 Fri Sep 2024	562.55	583.10	594.55	550.55	1.115 times
13 Fri Sep 2024	583.10	582.00	592.50	573.35	0.597 times
06 Fri Sep 2024	584.70	612.75	621.45	578.80	0.615 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
03 Thu Oct 2024	554.95	563.70	571.20	550.00	0.07 times
30 Mon Sep 2024	563.70	612.75	621.45	550.55	0.467 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

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Savita Oil stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

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

Savita Oil Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down

CCI has generated a SELL signal for Savita Oil in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up 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 562.65 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.