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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 2024-01-31 View latest technical analysis

10 day averaged volume of Sarthak Metals is 121571

Date	Daily Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	322.70	307.45	328.00	297.15	1.123 times
30 Tue Jan 2024	302.90	304.50	309.15	297.20	0.605 times
29 Mon Jan 2024	300.00	318.00	318.00	294.00	1.022 times
25 Thu Jan 2024	307.65	267.50	315.00	267.50	4.324 times
24 Wed Jan 2024	267.50	285.00	285.00	265.00	0.381 times
23 Tue Jan 2024	274.05	293.50	293.90	267.55	1.101 times
22 Mon Jan 2024	281.55	255.05	295.00	249.10	1.502 times
19 Fri Jan 2024	253.95	253.95	259.90	250.05	0.175 times
18 Thu Jan 2024	250.20	253.65	265.10	248.00	0.401 times
17 Wed Jan 2024	257.50	264.00	264.45	254.05	0.271 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 317.2, for a target of 295.3 or 277.1

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	202.00
Downside Target	211.10
Downside Target	223.80
Downside Target	236.55
Downside Target	243.90
Downside Target	259.00
Downside Target	270.00
Downside Target	293.00
Downside Target	294.00
Downside Target	295.00
Downside Target	315.00
Upside Target	328.00

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	301.8
Downside Intraday Target	280.9
Upside Intraday Target	335.8
Upside Intraday Target	348.9
Downside Intraday Target	314.9

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
31 Wed Jan 2024	322.70	318.00	328.00	294.00	0.376 times
25 Thu Jan 2024	307.65	255.05	315.00	249.10	5.626 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

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
31 Wed Jan 2024	322.70	250.00	328.00	245.30	2.837 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 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 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 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 295.61 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.