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(STLTECH) Sterlite Technologies complete technical analysis [charts+indicators] | Buy/Sell Sterlite Technologies | (STLTECH) share price targets

Complete technical analysis of Sterlite Technologies (STLTECH) by charts plus indicators, forecast predictions and share price targets for Sterlite Technologies (STLTECH)

Showing technical analysis as on 2024-06-05 View latest technical analysis

10 day averaged volume of Sterlite Technologies is 1784764

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	120.45	117.00	121.10	114.10	0.936 times
04 Tue Jun 2024	116.15	127.00	127.20	109.50	1.606 times
03 Mon Jun 2024	126.85	129.00	129.80	126.25	0.998 times
31 Fri May 2024	126.55	124.60	127.00	123.05	0.814 times
30 Thu May 2024	124.05	125.85	126.20	123.45	0.423 times
29 Wed May 2024	125.20	126.40	127.45	124.90	0.494 times
28 Tue May 2024	126.60	128.00	128.50	125.05	0.777 times
27 Mon May 2024	127.65	127.00	130.15	126.45	0.783 times
24 Fri May 2024	126.35	129.10	130.90	125.70	1.73 times
23 Thu May 2024	129.90	131.00	131.70	129.60	0.654 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 121.2, but if it comes above 121.2, then a intra day buy could be more profitable.
If you take a sell trade below 121.2, then use 121.2 as stoploss and 116.2 as target. However if you take a buy trade in stock , then use 121.2 as stoploss and 125.27 as target.

Share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Target	109.50
Downside Target	115.00
Downside Target	118.05
Upside Target	123.05
Upside Target	125.70
Upside Target	128.75
Upside Target	130.15
Upside Target	135.20
Upside Target	140.60
Upside Target	142.35
Upside Target	142.50
Upside Target	146.40
Upside Target	151.00

Intraday share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Intraday Target	110.03
Downside Intraday Target	99.62
Upside Intraday Target	130.33
Upside Intraday Target	140.22
Downside Intraday Target	119.92

Weekly technical analysis of Sterlite Technologies (STLTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	120.45	129.00	129.80	109.50	1.076 times
31 Fri May 2024	126.55	127.00	130.15	123.05	0.534 times
24 Fri May 2024	126.35	129.60	135.20	125.70	1.168 times
18 Sat May 2024	128.50	121.50	129.00	118.05	0.385 times
10 Fri May 2024	121.55	140.25	140.60	115.00	1.21 times

Price has moved down 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 Sterlite Technologies (STLTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
05 Wed Jun 2024	120.45	129.00	129.80	109.50	0.107 times
31 Fri May 2024	126.55	138.80	142.35	115.00	0.346 times
30 Tue Apr 2024	137.50	112.00	146.40	112.00	5.133 times
28 Thu Mar 2024	110.80	137.90	142.50	110.10	0.689 times

Scroll below to view daily charts

Price has moved down 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 Sterlite Technologies (STLTECH)

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a short term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

Price action analysis of Sterlite Technologies ( (STLTECH) ) based on a mid to longer term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

ADX buy sell signal for Sterlite Technologies stock for short term is SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Sterlite Technologies in short term and the sell signal is strong.

Sterlite Technologies Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sterlite Technologies in short term but BUY signal is weak.

RSI is generating a SELL signal in short term but selling is losing 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 Sterlite Technologies is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 124.26 and Sterlite Technologies (STLTECH) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down

People seem to be coming out and selling the Sterlite Technologies (STLTECH) stock. Volume based technical analysis of Sterlite Technologies (STLTECH) stock is negative.

Sterlite Technologies Stock has given negative returns over a short term period. Returns for a longer term period have been negative.

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.