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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.

10 day averaged volume of Savita Oil is 399706

Date	Daily Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	542.55	489.60	549.00	482.75	5.487 times
15 Mon Apr 2024	489.45	480.00	494.35	461.55	0.677 times
12 Fri Apr 2024	484.50	484.85	489.70	476.85	0.469 times
10 Wed Apr 2024	486.35	494.05	500.00	483.10	0.974 times
09 Tue Apr 2024	492.00	479.05	508.50	475.95	2.06 times
08 Mon Apr 2024	477.70	496.95	500.50	474.20	0.572 times
05 Fri Apr 2024	490.05	484.90	495.00	479.50	0.815 times
04 Thu Apr 2024	481.20	483.10	493.00	477.05	0.644 times
03 Wed Apr 2024	482.80	481.30	489.00	474.80	0.821 times
02 Tue Apr 2024	479.45	471.70	492.00	465.25	1.731 times

Stock of Savita Oil (SOTL) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 544.8, for a target of 496.8 or 456.84

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	461.55
Downside Target	478.10
Downside Target	484.95
Downside Target	495.00
Downside Target	508.50
Upside Target	549.00

Intraday share price targets for Savita Oil (SOTL)

Target Type	Value
Downside Intraday Target	486.4
Downside Intraday Target	430.25
Upside Intraday Target	573.85
Upside Intraday Target	605.15
Downside Intraday Target	517.7

Weekly technical analysis of Savita Oil (SOTL)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Tue Apr 2024	542.55	480.00	549.00	461.55	1.512 times
12 Fri Apr 2024	484.50	496.95	508.50	474.20	0.777 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

Price has moved up 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
16 Tue Apr 2024	542.55	465.20	549.00	461.55	1.022 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 stronger in this stock.

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

CCI has generated a buy signal for Savita Oil in short term and BUY signal is strong.

RSI is generating a BUY signal in short term and the buying is gaining 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 507.48 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.