Stltech at channel supportBuy Stltech at 130 short term target 185
Its must by considering upcoming 5g 6g technologies.
dont miss
STLTECH trade ideas
stltech 300+Buy Stltech cmp 145 target 300
Keep accumulating all the dips in portfolio for long term gains.
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.
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 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 can go till 235, 280 which are the fib levels as well as strong supply zones.
Today, stock has shown good buying with volumes bouncing from a strong demand zone of 145-150 with a short term trendline breakout as well. Keep this stock in your radar.
Idea shared only for educational purposes!
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.
Interesting setup in Sterlite tech with movement between channelThe setup looks good with post channel breakout , the stock could give decent upside, Lines are marked,
Volume is something which is missing and once volume kicks in 195-200 can be broken and sustained.
#STLTECH long#STLTECH long
Add on dips.
Target -232,
SL-153
CMP: 179 @17 Jan 2023
Timeframe -2-3 months
STLTECH | Small triangle breakout - Looks potential for 25-30% STLTECH | Small triangle breakout - Looks potential for 25-30% (First target)
CMP : 188 (Dip : 180)
SL : 165
Target : 235, 300
1:4 risk reward setup (1st target)
Sterlite Technologies LimitedThis one stock is roaring bullishly in this bearish market, the stock has been rallying since the last three sessions and there seems to be no stopping in near time. After yesterday’s 4% rally, the stock again surged 4% in the early trade, as its demand is not seeing any signs of suppression. Finally, today it has given breakout with good intensity of volumes on daily time frame. If you think that the majority of the move has been missed, then you should have a look at the daily chart of the stock, which is eye candy to the bulls. Today, the stock gave a breakout above the trendline resistance of a symmetrical triangle chart pattern, after a long contracting range.
Also chart pattern like cup n handle was broken today, along with lots of indicators supporting same bias, also wave structure is suggesting bullish impulsive bias.
Elliot wave structure on daily time frame
Breakout from symmetrical triangle with good intensity of volume
Cup n handle chart pattern
Price closed above RK's Magic level and also closed inside Mass psychological cloud in daily time frame
MACD positive crossover and uptick above zero line in daily time frame
MACD positive crossover and uptick in weekly time frame
RSI uptick and above 60 in daily time frame
Price challenging upper band in daily time frame
DMI ADX positive in daily
Price above 50, 100, and 200 DEMA's
Most investors treat trading as a hobby because they have a full-time job doing something else.
However, If you treat trading like a business, it will pay you like a business.
If you treat like a hobby, hobbies don't pay, they cost you...!
Disclaimer.
I am not sebi registered analyst.
My studies are for educational purpose only.
Please Consult your financial advisor before trading or investing.
I am not responsible for any kinds of your profits and your losses.
STERLITECH LongChart is self explanatory. Stop loss target and entry point is clearly mentioned.
Disclaimer: all information is for educational purpose.
STLTECHSTLTECH:- Stock may showing ascending triangle pattern, if gives breakout and sustain then plan can be made
You can plan the trade as per your risk appetite now
Hello traders,
As always, simple and neat charts so everyone can understand and not make it too complicated.
rest details mentioned in the chart.
will be posting more such ideas like this. Until that, like share and follow :)
check my other ideas to get to know about all the successful trades based on price action.
Thanks,
Ajay.
keep learning and keep earning.
STLTECH BUY CMP Symentrilcal Pattern Formed so BUY cmp its gives 25-50 % return within 6 months
so its eduactional purpose
Sterlite Tech - Cash Swing Trade IdeaNSE:STLTECH looks good for a swing trade. Price has moved out of triangle and will expand on the upside. Targets marked on the chart.
I have entered this with SL of 150 for positional move. Let's see which way the story unfolds. Happy Trading!
Disclaimer -
- The view expressed here are my personal views. I am publishing this for my own records and what I see on charts.
- If you're referring to this, please consider this ONLY FOR educational & research purposes.
- Past performance is not a guarantee for future predictions
- Any decision you take, you need to take responsibility for the same. DO NOT consider this as an investment suggestion.
- It's your hard earned money. Treat it wisely
- Trade / Invest keeping in mind your trading style, goals and objectives, time horizon & risk tolerance
- Do your own analysis and consult your financial advisor before investing.
TIA!
Sterlite- Can move aheadSterlite Tech which i had posted earlier as well has moved out of a triangle pattern. Can move towards 250 levels and beyond. There are larger targets also but will look at that depending on the price action as and when happens.
Bullish with CnH PatternIn Chart making CnH pattern after BO we can trade our Plan as per chart.
Buying opportunity and Stoploss only Basis on DCLBS.
CHart is only education purpose.
