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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 2024-01-22 View latest technical analysis

10 day averaged volume of Sarthak Metals is 35356

Date	Daily Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	281.55	255.05	295.00	249.10	5.165 times
19 Fri Jan 2024	253.95	253.95	259.90	250.05	0.603 times
18 Thu Jan 2024	250.20	253.65	265.10	248.00	1.38 times
17 Wed Jan 2024	257.50	264.00	264.45	254.05	0.932 times
16 Tue Jan 2024	261.10	260.95	268.95	255.10	0.748 times
15 Mon Jan 2024	262.55	266.05	273.75	260.85	0.802 times
12 Fri Jan 2024	266.50	272.70	279.95	265.00	1.024 times
11 Thu Jan 2024	272.65	272.00	277.75	262.75	1.228 times
10 Wed Jan 2024	273.05	273.15	280.50	271.00	0.497 times
09 Tue Jan 2024	275.90	280.70	284.00	272.40	0.854 times

Stock of Sarthak Metals (SMLT) has showed a significant upmove. This could be a good time to enter in this stock!

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 276.4, but if it comes below 276.4, then a intra day sell could be more profitable.
If you take a sell trade below 276.4, then use 276.4 as stoploss and 263.06 as target. However if you take a buy trade in stock , then use 276.4 as stoploss and 292.4 as target.

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	259.00
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	255.43
Downside Intraday Target	229.32
Upside Intraday Target	301.33
Upside Intraday Target	321.12
Downside Intraday Target	275.22

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
22 Mon Jan 2024	281.55	255.05	295.00	249.10	1.157 times
19 Fri Jan 2024	253.95	266.05	273.75	248.00	0.807 times
12 Fri Jan 2024	266.50	293.00	293.00	262.75	0.168 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

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
22 Mon Jan 2024	281.55	250.00	295.00	245.30	1.76 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, and volume has increased substantially. This means that the move can 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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Sarthak Metals ( (SMLT) ) 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 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 SELL signal for Sarthak Metals in short term but the sell signal is initial and weak.

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 LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls 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 and the buying is gaining 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 270.35 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.