SOTL ready for good potential upsideA good volume accumulaion is visible in the volume bars on Q-Q basis indicating good business growth
SOTL trade ideas
Chart of the Week and Chart of the Patterngood swing trade for upcoming month. keep your eyes on this stock for good return
SAVITA OIL TECH - Explosive HunchFundamentally Strong + Technically Strong + Early Entry = MULTIBAGGER
Savita Oil Technologies Limited, established in 1961, is a specialty petroleum products company engaged in manufacturing Transformer Oils, Liquid Paraffins, White Oils, Automotive and Industrial Lubricants, Coolants and Greases. A wide range of lubricants, greases, and coolants of the Co are sold to retail customers under the brand SAVSOL
It exports to over 75 countries across the world.
The Co continues a sharp focus on increasing distribution penetration and retailer count with investment in human and technological resources both aligning to achieve these objectives. On the B2B business side, the Co is largely focused on enhancing services and support for OEM accounts and investing in testing and development programs with new OE partners to bring them more efficient solutions.
Intrinsic Value 847 vs Current Market Price 339
EPS 39.4 vs EPS last year 36.2
Market Cap 2,341 Cr.
Promoter holding 71.8 %
Pledged percentage 0%
Stock P/E 8.60
Industry P/E 8.69
Dividend Yield 1.49 %
ROCE 29.4 %
ROE 20.8 %
Debt to equity 0
Free Cash Flow 354 Cr.
Company has delivered good profit growth of 21.5% CAGR over last 5 years
Company has been maintaining a healthy dividend payout of 17.6%
Company's working capital requirements have reduced from 86.2 days to 63.1 days
Technically, a VCP is being formed on the higher timeframe and a breakout is just around the corner certainly.
Daily Bullish Flag Brekout in Savita Oil TechHi,
NSE:SOTL has given a Bullish Flag Breakout on Daily charts with very good volume.
MACD is also on the bullish side on daily, weekly and monthly time frames. RSI is also on the bullish side on daily and weekly time frames.
In the current market scenario I am expecting that the bullish momentum will continue.
Complete price projection like entry, stoploss and targets mentioned on the charts for educational purpose.
Please share your feedback or any queries on the study.
Disclaimer: Please consult your financial advisor before making any investment decision.
Breakout & RetestSAVITA OIL looks a neat Breakout & Retest completed candidate near 385 levels.
If markets are supportive, this could start its upward journey from here to 525+ levels very soon
SOTL - Ichimoku Breakout📈 Stock Name - Savita Oil Technologies Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 543.
🚨Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku #midcap
SOTL - Ichimoku Breakout📈 Stock Name - Savita Oil Technologies Limited
🌐 Ichimoku Cloud Setup:
1️⃣ Today's close is above the Conversion Line.
2️⃣ Future Kumo is Turning Bullish.
3️⃣ Chikou span is slanting upwards.
All these parameters are shouting BULLISH at the Current Market Price and even more bullishness anticipated AFTER crossing 480.
🚨 Disclaimer: This is not a Buy or Sell recommendation. It's for educational purposes and a guiding light to learn trading in the market.
#CloudTrading
#IchimokuCloud
#IchimokuFollowers
#Ichimokuexpert
Excited about this analysis? Share your thoughts in the comments below!
👍 Like, Share, and Subscribe for daily market insights! 🚀
#StockAnalysis #MarketWatch #TradingEducation #ichimoku
SOTL | 5 years range breakout in monthly time frameSOTL | 5 years range breakout in monthly time frame - Looks good for doubling
CMP : 405 (Dip : 350)
SL : 300
There is a Cup & handle pattern aswell.
Savita Oil Technologies LtdSOTL - Short term
Microcap Oil Gas and Consumable Fuels
Fundamentally strong
Breakout with good volume
Buy above – 377 | Tgt 387, 400 and 410 | sl 360
It is my view, to trade on your own analysis
SOTL: Trading near ATH levelsSOTL is looking good on monthly time frame. Stock is trading near all time high level. Keep on radar. Can expect breakout soon.
Exciting Bullish Pattern Alert! 📈 Exciting Bullish Pattern Alert! 🐂
📊 Pattern: Rising Channel on weekly and Daily
📌 Symbol/Asset: SOTL
🔍 Description: Rising channel on weekly and Daily showing huge upside is visible !!
👉 Disclosure: We are not SEBI registered analysts, this is not a buy or sell recommendation. Technical patterns are just one piece of the puzzle. Consider conducting further research, consulting with a financial advisor, and managing your risks appropriately.
SOTL | Ascending Triangle Breakout | Swing TradeSOTL | Ascending Triangle Breakout | Swing Trade
1) Strong breakout given
2) good ascending triangle pattern formation
VCP patternChart -> Savita Oil Daily
VCP pattern breakout with volume.
CMP: 315
Good Range To Buy: 305 to 315
Targets: 340, 380
SL: 290 Daily Close
Disclaimer: This is for educational purposes only, not any recommendations to buy or sell. As I am not SEBI registered, please consult your financial advisor before taking any action.
Ascending Triangle or Cup & Handle pattern 📌Cup & Handle Pattern BO
#SOTL
- Ascending Triangle or Cup & Handle pattern
- Validated with High Volume
- Above Key EMAs
- Bullish RSI
SAVITA OIL TECH - 63% RETURNS!!!BUY - SAVITA OIL TECHNOLOGIES
CMP - Rs. 277
Target - 1: Rs. 372
Target - 2: Rs. 455
.
.
Technicals - Bullis Flag BO
.
This is just a view by an expert analyst, please invest at your own risk.
.
Follow me for more!
SOTLSOTL
BUY : 258
TARGET : 285
DISCLAIMER - We are not a SEBI Registered Advisors. This channel is purely for Educational purposes only. We will not be responsible for your profit and loss.
Savita Oil - Only for educational purpose.Not a recommendation
Stock is from petroleum product sector. Stock bounce back from its support level. Seems to be a movement towards lower level in short run. Expected to break support level.Majority of the shares are holded by promoters. Almost debt free company. Also delivers good profit . Can expect a good movement in long run .
SOTL: Forming descending triangle pattern on daily time frame SOTL is forming descending triangle pattern on daily time frame. Keep on radar for breakout. Momentum can be expected above 305.
Savita correcting its courseSOTL chart has broken out of a symmetrical triangle last week and an INHS pattern BO can also be observed. Tomorrow they are announcing Q1 earnings as well and this is a thinly traded stock so if taking position, be aware of these two points.
From the triangle pattern a target of 1442 can be projected to be achieved by 5th September 2022 and the INHS BO gives a projected target o 1515+
Stop loss may be kept at invalidation of the patterns by price coming back inside the pattern or 1198 as per individual risk appetite.
SOTL is in the transformer oils business. Although performances can vary, Apar Industries, a leader in transformer oils has already announced its Q1 results and one may also go through their segment presentation to form a view of results expectation from Savita.
#SavitaOil cash : Looks good around 1260-1300 in dips#Savita Oil cash -Positional call
04.Aug.2022
Looks good buy around 1260-1300 (Buy dips)
Stoploss 1200
Target 1480-1500/1800
Cmp 1347
Savita oilSavita oil : Head & Shoulder pattern BO. CMP: 1299 SL: 1200(WCB) Target: 1600/1750/open.
Note: Educational post.
