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(SMLT) Sarthak Metals complete technical analysis [charts+indicators] | Buy/Sell Sarthak Metals | (SMLT) share price targets

Complete technical analysis of Sarthak Metals (SMLT) by charts plus indicators, forecast predictions and share price targets for Sarthak Metals (SMLT)

Showing technical analysis as on 2024-01-08 View latest technical analysis

10 day averaged volume of Sarthak Metals is 165447

Date	Daily Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	280.70	293.00	293.00	273.75	0.413 times
05 Fri Jan 2024	277.15	272.80	279.45	266.80	0.444 times
04 Thu Jan 2024	271.75	284.90	288.80	268.90	1.018 times
03 Wed Jan 2024	282.55	247.00	295.00	247.00	4.997 times
02 Tue Jan 2024	249.50	253.00	255.85	245.30	0.163 times
01 Mon Jan 2024	254.65	250.00	264.60	250.00	0.403 times
29 Fri Dec 2023	255.25	253.00	260.65	250.55	0.292 times
28 Thu Dec 2023	250.20	258.00	270.00	248.35	1.411 times
27 Wed Dec 2023	253.60	231.00	257.55	231.00	0.923 times
26 Tue Dec 2023	230.85	241.00	241.40	228.95	0.244 times

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 284.5, for a target of 266.7 or 251.8

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	202.00
Downside Target	211.10
Downside Target	223.80
Downside Target	228.95
Downside Target	236.55
Downside Target	243.90
Downside Target	254.85
Downside Target	270.00
Downside Target	273.75
Downside Target	274.00
Upside Target	293.00
Upside Target	295.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	271.97
Downside Intraday Target	263.23
Upside Intraday Target	291.22
Upside Intraday Target	301.73
Upside Intraday Target	282.48

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	280.70	293.00	293.00	273.75	0.059 times
05 Fri Jan 2024	277.15	250.00	295.00	245.30	2.448 times
29 Fri Dec 2023	255.25	241.00	270.00	228.95	3.42 times
22 Fri Dec 2023	236.85	252.00	256.00	223.80	1.235 times
15 Fri Dec 2023	247.95	247.00	254.85	238.20	0.572 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 Sarthak Metals (SMLT)

Date	Monthly Closing Price	Open	High	Low	Volume
08 Mon Jan 2024	280.70	250.00	295.00	245.30	1.275 times
29 Fri Dec 2023	255.25	228.10	270.00	223.80	1.499 times
30 Thu Nov 2023	226.90	235.30	243.90	202.00	1.344 times
31 Tue Oct 2023	240.95	259.00	259.00	211.10	3.196 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 Sarthak Metals (SMLT)

Price action analysis of Sarthak Metals ( (SMLT) ) based on a short 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 Sarthak Metals ( (SMLT) ) 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 Sarthak Metals ( (SMLT) ) 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 Sarthak Metals stock for short term is BUY. Signal strength is Strong and stock is gaining momentum.

MACD generated a BUY signal for Sarthak Metals 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.

Sarthak Metals Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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 Sarthak Metals in short term and BUY signal is strong.

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 Sarthak Metals is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 270.55 and Sarthak Metals (SMLT) 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 Sarthak Metals (SMLT) stock. Volume based technical analysis of Sarthak Metals (SMLT) stock is negative.

Sarthak Metals 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.