Sterlite Technologies Limited - STLTECH - CMP 106
About
Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the overseas markets with an established presence in the global optical fiber market.
STERLITE TECH:
STERLITE TECH launches AI-optimized data centre solutions and partners with Tech Data for India expansion.
Products target hyperscalers, enterprises, telecoms; meet global standards with 25-year warranty.
STERLITE TECHNOLOGIES: CO AND C-DOT ACHIEVE INDIA’S FIRST QUANTUM-SECURED NETWORK BREAKTHROUGH WITH MULTI-CORE FIBRE
Sterlite Technologies: Promoter Ankit Agarwal bought 2.58 lakh shares. Promoter Pravin Agarwal bought 7.35 lakh shares. (Positive)
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
About
Sterlite Technologies Limited was established in July 2001 after the demerger of the telecom division of Sterlite Industries Ltd (SIL). In July 2006, STL acquired the transmission line business of SIL to foray into the power transmission cables business. STL has grown over the years to become the largest Optical Fiber and Optical Fiber Cables manufacturer in the country. The company also has sizeable presence in the overseas markets with an established presence in the global optical fiber market.
STERLITE TECH:
STERLITE TECH launches AI-optimized data centre solutions and partners with Tech Data for India expansion.
Products target hyperscalers, enterprises, telecoms; meet global standards with 25-year warranty.
STERLITE TECHNOLOGIES: CO AND C-DOT ACHIEVE INDIA’S FIRST QUANTUM-SECURED NETWORK BREAKTHROUGH WITH MULTI-CORE FIBRE
Sterlite Technologies: Promoter Ankit Agarwal bought 2.58 lakh shares. Promoter Pravin Agarwal bought 7.35 lakh shares. (Positive)
This is just to boost my confidence. No Suggestions for buying. I will keep checking and updating my mistake if last post gone wrong...
Disclosure: I am not SEBI registered. The information provided here is for educational purposes only. I will not be responsible for any of your profit/loss with these suggestions. Consult your financial Adviser before making any decisions.
Note
#JustIn | #SterliteTech partners with #Hygenco for Maharashtra’s 1st green hydrogen & oxygen plant for optical fibreTrade active
STLTECH — Follow-up After Strong MoveSTLTECH has delivered a strong move from the lower accumulation zone and the earlier chart structure has played out very well. The stock has moved sharply, so the focus now shifts from recovery tracking to discipline, confirmation, and risk management.
Weekly and monthly momentum remain strong, but the price is now extended after a fast rally. Daily momentum is showing some cooling, which is normal after such a sharp move.
At this stage, this is not a chase zone. For long-term tracking, capital-protection discipline becomes important after a large move. Further strength will depend on whether the stock can sustain above key support zones and continue with healthy volume.
Key view:
Trend: Strong but extended
Fresh chase: Avoid
Focus now: Sustain / cool-off / support retest
Risk management: Important after sharp move
For now, STLTECH remains a strong momentum follow-up setup, but any further view should be based on sustained price action, volume support, and weekly/monthly structure.
Shared only for educational study and chart-tracking purpose. This is not a buy/sell recommendation or investment advice. I am not a SEBI registered advisor.
#STLTECH #SterliteTechnologies #TelecomStocks #OpticalFiber #DigitalIndia #WeeklyChart #ChartStudy #TechnicalAnalysis #StockMarketIndia
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.