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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 2024-02-06 View latest technical analysis

10 day averaged volume of Sarthak Metals is 145128

Date	Daily Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	391.45	339.90	397.65	333.50	4.437 times
05 Mon Feb 2024	331.40	359.90	361.25	326.00	0.666 times
02 Fri Feb 2024	325.75	327.95	331.20	319.85	0.292 times
01 Thu Feb 2024	323.10	328.00	329.90	317.25	0.617 times
31 Wed Jan 2024	322.70	307.45	328.00	297.15	0.941 times
30 Tue Jan 2024	302.90	304.50	309.15	297.20	0.507 times
29 Mon Jan 2024	300.00	318.00	318.00	294.00	0.856 times
25 Thu Jan 2024	307.65	267.50	315.00	267.50	3.622 times
24 Wed Jan 2024	267.50	285.00	285.00	265.00	0.319 times
23 Tue Jan 2024	274.05	293.50	293.90	267.55	0.922 times

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

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 365.8, for a target of 324.5 or 290.07

Share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Target	202.00
Downside Target	211.10
Downside Target	223.80
Downside Target	243.90
Downside Target	259.00
Downside Target	270.00
Downside Target	293.00
Downside Target	315.00
Downside Target	317.25
Downside Target	326.00
Downside Target	328.00
Downside Target	331.20
Upside Target	397.65

Intraday share price targets for Sarthak Metals (SMLT)

Target Type	Value
Downside Intraday Target	345.75
Downside Intraday Target	300.05
Upside Intraday Target	417.4
Upside Intraday Target	443.35
Downside Intraday Target	371.7

Weekly technical analysis of Sarthak Metals (SMLT)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	391.45	359.90	397.65	326.00	1.588 times
02 Fri Feb 2024	325.75	318.00	331.20	294.00	0.525 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Sarthak Metals (SMLT)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Tue Feb 2024	391.45	328.00	397.65	317.25	0.319 times
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

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 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 positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 335.26 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.