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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 2024-11-06 View latest technical analysis

10 day averaged volume of Sterlite Technologies is 1506371

Date	Daily Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	123.73	122.00	124.50	122.00	0.828 times
05 Tue Nov 2024	121.80	117.10	122.46	117.10	0.996 times
04 Mon Nov 2024	118.10	119.90	119.90	115.95	0.49 times
01 Fri Nov 2024	119.41	118.90	120.25	118.90	0.187 times
31 Thu Oct 2024	118.39	118.10	119.68	116.88	0.711 times
30 Wed Oct 2024	118.43	115.03	119.86	114.55	3.022 times
29 Tue Oct 2024	114.66	116.80	118.39	114.11	0.84 times
28 Mon Oct 2024	116.57	115.65	118.03	113.55	0.668 times
25 Fri Oct 2024	114.50	119.50	119.60	113.26	0.709 times
24 Thu Oct 2024	119.31	118.89	122.30	118.51	1.102 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 122.2, but if it comes below 122.2, then a intra day sell could be more profitable.
If you take a sell trade below 122.2, then use 122.2 as stoploss and 119.49 as target. However if you take a buy trade in stock , then use 122.2 as stoploss and 125.4 as target.

Share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Target	112.40
Downside Target	115.95
Upside Target	123.80
Upside Target	125.69
Upside Target	128.30
Upside Target	131.40
Upside Target	132.63
Upside Target	135.44
Upside Target	144.82
Upside Target	155.05

Intraday share price targets for Sterlite Technologies (STLTECH)

Target Type	Value
Downside Intraday Target	118.29
Downside Intraday Target	112.84
Upside Intraday Target	126.84
Upside Intraday Target	129.94
Downside Intraday Target	121.39

Weekly technical analysis of Sterlite Technologies (STLTECH)

Date	Weekly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	123.73	119.90	124.50	115.95	0.426 times
01 Fri Nov 2024	119.41	115.65	120.25	113.55	1.11 times
25 Fri Oct 2024	114.50	123.80	123.80	112.40	0.651 times
18 Fri Oct 2024	123.26	121.00	128.30	119.00	1.152 times
11 Fri Oct 2024	120.66	125.06	125.69	117.54	0.458 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 Sterlite Technologies (STLTECH)

Date	Monthly Closing Price	Open	High	Low	Volume
06 Wed Nov 2024	123.73	118.90	124.50	115.95	0.066 times
31 Thu Oct 2024	118.39	126.06	128.30	112.40	1.985 times
30 Mon Sep 2024	126.00	131.75	135.44	124.21	0.544 times
30 Fri Aug 2024	131.68	141.39	144.82	131.40	0.559 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 Sterlite Technologies (STLTECH)

Price action analysis of Sterlite Technologies ( (STLTECH) ) 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 Sterlite Technologies ( (STLTECH) ) based on a short to mid 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 Sterlite Technologies ( (STLTECH) ) based on a mid to longer 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.

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

MACD generated a BUY signal for Sterlite Technologies in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Sterlite Technologies 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 red color and prices are in or above the red cloud Prices appear to be moving up

CCI has generated a buy signal for Sterlite Technologies in short term and BUY 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

Although the stock is in the SELL zone, but selling 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 118.59 and Sterlite Technologies (STLTECH) 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 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 negative.

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