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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 2024-10-11 View latest technical analysis

10 day averaged volume of Savita Oil is 63457

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	549.35	557.00	559.90	545.10	0.758 times
10 Thu Oct 2024	556.00	568.05	568.85	552.35	0.724 times
09 Wed Oct 2024	562.45	553.55	573.00	549.65	1.397 times
08 Tue Oct 2024	553.55	518.65	563.20	516.80	1.381 times
07 Mon Oct 2024	526.55	554.35	554.35	501.50	2.194 times
04 Fri Oct 2024	552.95	554.95	567.70	546.50	0.695 times
03 Thu Oct 2024	554.95	560.70	564.95	550.00	0.911 times
01 Tue Oct 2024	566.55	563.70	571.20	560.40	0.45 times
30 Mon Sep 2024	563.70	559.00	573.50	550.85	0.768 times
27 Fri Sep 2024	558.60	569.00	574.00	557.05	0.602 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 550.1, but if it comes above 550.1, then a intra day buy could be more profitable.
If you take a sell trade below 550.1, then use 550.1 as stoploss and 534.9 as target. However if you take a buy trade in stock , then use 550.1 as stoploss and 562.8 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	501.50
Downside Target	546.50
Upside Target	570.70
Upside Target	573.50
Upside Target	578.45
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	509.57
Downside Intraday Target	469.78
Upside Intraday Target	581.07
Upside Intraday Target	612.78
Downside Intraday Target	541.28

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	549.35	554.35	573.00	501.50	2.285 times
04 Fri Oct 2024	552.95	559.00	573.50	546.50	0.973 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

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Savita Oil (SOTL)

Date	Monthly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	549.35	563.70	573.00	501.50	0.44 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 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 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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

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 HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above 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 but selling is losing momentum.

MRSI is in positive zone. This is a BUY 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 550.45 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.