Savita Oil Technologies (D): MASSIVE VOLUME BREAKOUT

215
Timeframe: Daily | Scale: Linear

Explosive +12.04% surge today on an exceptional 11.72M volume spike, breaking out of its recent sideways trend! 🔥

Technical Highlights:
✅ Consolidation Breakout: Cleared & closed above short-term horizontal resistance (active since Aug 18).
✅ Trend Resolution: Successfully resolved the sideways action seen since the Aug 6 ATH.
✅ Momentum: Short-term EMAs in positive crossover across Daily, Weekly & Monthly. MACD & RSI rising on all timeframes. 🚀

Key Levels to Watch:
🎯 Target 1: 814.80 (ATH Retest)
🎯 Target 2: 950 (Long-term price discovery)
🛡️ Support / Profit Booking: 725

Watch for a potential challenge of the All-Time High in the coming sessions!

Penafian

Maklumat dan penerbitan adalah tidak bertujuan, dan tidak membentuk, nasihat atau cadangan kewangan, pelaburan, dagangan atau jenis lain yang diberikan atau disahkan oleh TradingView. Baca lebih dalam Terma Penggunaan.