Consolidating. Forming a triangle.Consolidating from 5 months. Forming triangle.
After Aug high volumes, price is falling with less volumes indicates a possible up move.
Buy for a target of 190, 200 with a stoploss of 145 or 142.
0.68%
5.10INR
1.41BINR
68.46BINR
154.37M
About STERLITE TECHNOLOGIES LTD.
Sector
Industry
CEO
Ankit Agarwal
Website
Headquarters
Pune
Employees (FY)
5.672K
Founded
1988
ISIN
INE089C01029
Sterlite Technologies Ltd. engages in the business of connectivity and network solutions. The firm provides integrated 5G ready end-to-end solutions ranging from wired to wireless, design to deployment, connectivity to compute through core capabilities in Optical Interconnect, Virtualised Access Solutions, Network Software and System Integration. The firm partners with global telecom companies, cloud companies, citizen networks and large enterprises to design, build and manage such cloud-native software-defined networks. The company was founded in 1988 and is headquartered in Pune, India.
Sterlite Sterlite presently at consolidation. Made double Bottom recently. With SL market can look for target 1 ,2 and 3.
Pls consult your financial advisor before taking any trade.
Sterlite TechnologiesAfter long consolidation on verge of Break out !
Support of Fib.
Support of Gann Angles
Weekly abv 20 MA
Daily abv 20-50 MA
Start accumulation on CMP for long
STLTECH WEDGE BREAKOUTSTLTECH broke wedge pattern and its in a correction and now it formed a bullish hammer pattern as well.so look for a buy,the first target itself gives 18% from CMP.once that resistance broken it might give near 50% as its next resistance is 242.
STLTECH daily chartSTLTECH now 173
Can see 190++
Re-test level 160
Once cross above 192 can see more up move
Keep a watch on Sterlite Tech!Sterlite tech is looking strong as a positional trade.
Recently, we have seen a good run in Birla cable as well which is a competitor of this company in manufacture of optical fibre cables.
Stock can be added at CMP or on dips till 155. SL is below 140 WCB.
Minimum target is 200. Above that stock c
STLTECH - Sterlite Technology LtdIn Weekly chart STLTECH, we can see that Cup & Handle chart pattern has failed multiple time at 190.
will soon see a upward momentum once it crosses above 190.
Plan an Entry at 190 with 175 as SL.
Book profits at 230 - 235 price range.
r you going to buy Sterlite technology?NSE:STLTECH
After a long time I came in market with a new trade idea about sterlite technology
i am seeing a breakout above 192 Rs closing basis.
then my target will be 210-220 rs zone in small time frame like 1 week.
let see what's happening next.
See all ideas
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