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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 2024-11-08 View latest technical analysis

10 day averaged volume of Savita Oil is 39120

Date	Daily Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	535.45	533.00	537.90	523.55	0.804 times
07 Thu Nov 2024	532.20	538.90	544.50	528.80	0.649 times
06 Wed Nov 2024	536.30	522.45	539.15	520.55	0.771 times
05 Tue Nov 2024	521.15	521.70	533.85	516.35	1.035 times
04 Mon Nov 2024	521.75	526.70	533.45	519.55	0.691 times
01 Fri Nov 2024	532.60	535.00	539.65	528.50	0.297 times
31 Thu Oct 2024	534.80	529.10	538.65	525.05	0.468 times
30 Wed Oct 2024	530.00	515.10	540.70	514.60	1.184 times
29 Tue Oct 2024	512.80	513.80	518.70	502.95	0.582 times
28 Mon Oct 2024	511.70	492.85	515.00	492.30	1.06 times

My analysis of stock is bullish for shortterm, and stock might move up till 543.4 or till 562.2. Use a stoploss of 527.75 and if this stock hits its stoploss, then it can fall down till 512.1

Share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Target	482.90
Downside Target	516.35
Downside Target	527.95
Upside Target	550.55
Upside Target	562.45
Upside Target	570.70
Upside Target	573.00
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	519.7
Downside Intraday Target	503.95
Upside Intraday Target	547.85
Upside Intraday Target	560.25
Downside Intraday Target	532.1

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Fri Nov 2024	535.45	526.70	544.50	516.35	1.1 times
01 Fri Nov 2024	532.60	492.85	540.70	492.30	0.457 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

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
08 Fri Nov 2024	535.45	535.00	544.50	516.35	0.129 times
31 Thu Oct 2024	534.80	563.70	573.00	482.90	1.051 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Savita Oil in short term but the buy 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red cloud Prices appear to be moving up

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 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 525.94 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 negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.