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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 2024-08-02 View latest technical analysis

10 day averaged volume of Sterlite Technologies is 4662299

Date	Daily Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	137.94	134.96	139.70	134.35	0.793 times
01 Thu Aug 2024	136.11	141.39	143.80	135.53	1.304 times
31 Wed Jul 2024	140.00	146.00	146.00	139.30	1.086 times
30 Tue Jul 2024	145.37	149.00	155.05	144.37	3.514 times
29 Mon Jul 2024	147.75	150.00	152.45	147.01	0.591 times
26 Fri Jul 2024	147.49	145.80	151.39	145.23	0.811 times
25 Thu Jul 2024	144.21	145.35	147.24	143.41	0.346 times
24 Wed Jul 2024	147.28	139.00	149.90	139.00	0.871 times
23 Tue Jul 2024	141.55	141.30	143.63	132.63	0.503 times
22 Mon Jul 2024	141.29	137.00	142.96	136.42	0.411 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 138.4, but if it comes above 138.4, then a intra day buy could be more profitable.
If you take a sell trade below 138.4, then use 138.4 as stoploss and 133.7 as target. However if you take a buy trade in stock , then use 138.4 as stoploss and 142.39 as target.

Share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Target	109.50
Downside Target	112.00
Downside Target	115.00
Downside Target	132.63
Upside Target	142.35
Upside Target	146.54
Upside Target	148.70
Upside Target	148.81
Upside Target	151.39
Upside Target	154.50
Upside Target	155.05

Intraday share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Intraday Target	129.84
Downside Intraday Target	121.75
Upside Intraday Target	150.54
Upside Intraday Target	163.15
Upside Intraday Target	142.45

Weekly technical analysis of Sterlite Technologies (STLTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	137.94	150.00	155.05	134.35	2.478 times
26 Fri Jul 2024	147.49	137.00	151.39	132.63	0.616 times
19 Fri Jul 2024	137.79	146.00	154.50	137.02	1.245 times
12 Fri Jul 2024	144.98	138.51	148.70	136.10	1.108 times
05 Fri Jul 2024	139.09	137.00	148.81	136.56	0.952 times

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

Monthly technical analysis of Sterlite Technologies (STLTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
02 Fri Aug 2024	137.94	141.39	143.80	134.35	0.104 times
31 Wed Jul 2024	140.00	137.00	155.05	132.63	1.449 times
28 Fri Jun 2024	136.90	129.00	146.54	109.50	1.097 times
31 Fri May 2024	126.55	138.80	142.35	115.00	0.346 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 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 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 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 but the sell signal is initial and weak.

Sterlite Technologies Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Sterlite Technologies in short term and SELL signal is strong!

RSI is generating a SELL signal in short term and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Stock of Sterlite Technologies is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 143.12 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 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.