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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 2024-10-28 View latest technical analysis

10 day averaged volume of Savita Oil is 62180

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	511.70	492.85	515.00	492.30	0.667 times
25 Fri Oct 2024	492.85	506.90	509.95	482.90	2.053 times
24 Thu Oct 2024	507.40	513.55	520.10	505.20	0.554 times
23 Wed Oct 2024	511.00	517.15	524.20	507.90	0.399 times
22 Tue Oct 2024	517.15	517.65	530.20	503.80	1.038 times
21 Mon Oct 2024	525.00	531.00	538.35	524.05	0.897 times
18 Fri Oct 2024	534.45	538.00	540.00	527.95	0.682 times
17 Thu Oct 2024	540.25	553.70	557.00	538.00	0.575 times
16 Wed Oct 2024	553.70	550.30	557.65	535.05	2.08 times
15 Tue Oct 2024	553.85	555.00	562.45	546.55	0.865 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 517.9, but if it comes above 517.9, then a intra day buy could be more profitable.
If you take a sell trade below 517.9, then use 517.9 as stoploss and 492.4 as target. However if you take a buy trade in stock , then use 517.9 as stoploss and 539.2 as target.

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	447.00
Downside Target	482.90
Upside Target	515.00
Upside Target	527.95
Upside Target	562.45
Upside Target	573.00
Upside Target	573.50
Upside Target	590.95
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	497.67
Downside Intraday Target	483.63
Upside Intraday Target	520.37
Upside Intraday Target	529.03
Downside Intraday Target	506.33

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Oct 2024	511.70	492.85	515.00	492.30	0.135 times
25 Fri Oct 2024	492.85	531.00	538.35	482.90	0.977 times
18 Fri Oct 2024	534.45	546.00	562.45	527.95	0.768 times
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

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
28 Mon Oct 2024	511.70	563.70	573.00	482.90	0.98 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 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 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 losing momentum.

MACD generated a SELL signal for Savita Oil in short term and the sell 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 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 buy signal for Savita Oil in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling 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 525.15 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.