STLTECHSTLTECH copybook chart as per ICHIMOKU theory.
1. cloud green
2. tenkan above kijun
3. chikou in free space
4. price taking support on both ks and ts
5. rsi strong
price taking support above old supply level.
STLTECH trade ideas
STERLITE TECHNOLOGIES - Positional Long1. Rounded bottom formation on weekly charts (W)
2. Consolidation at resistance (W)
3. Volume activity seen in Daily charts
Cup and Handle pattern breakout || Sterlite TechnologiesThe stock has posted really good quarter results and the breakout is with huge volumes. Can be bought for a target of 323(7%). CMP is 300 and SL will be 283 on a closing basis. Do FOLLOW for more ideas.
Sterlite Breakout coming..Sterlite Breakout coming... I enter at small breakout before big breakout to save myself from volatility n save my SL.
parallel channel inside symmetrical triangleafter a long rally now consolidation in symmetrical triangle pattern on bigger time frame and parallel channel in shorter time frame
with both the base created at 265.
entry - 275-271
stoploss - 265
target - 310,328,350
STERLITE TECH 15 MINBUTES STERLITE TECJ 15 MINUTES good breakout but entry is not good intraday trade please wait and retracement entry is good wait and watch guys
Sterlite Technologies Breakout Swing tradeNSE:STLTECH Levels are Mentioned in the chart...
Note:
1. Views are personal. Recheck and take the trade as per your RR.
2. Always remember SL is your lifeline not the big target...
3.Follow us for more patterns and like, share so that we feel it is helpful to many and share more patterns...
3. Views given here is not a tip rather it is for educational purpose... After market opens, the condition might change so learn to handle for different conditions..
4. To learn more about patterns, Psychology behind the trade and price action trading... contact us.. Thanks..
Short Term pick ✌✌This scrip is expected to give short term returns and safe entry would be after trendline breakout. So traders keep on your radar to catch the momentum. Thanks to all 🙏🙏🙏
Target achieved! 10% gain !!The stock was given on 3rd Sept and it reached the target today. HIT the like button if you liked my analysis and do FOLLOW for more ideas.
STL TECH - Follow the trendSTL tech has been trending very strongly just keep following the trend until deeper pullbacks come along but for now you can refer to the levels given on the chart .
Happy Trading
STLTECH Good MomentumThe drawn level are support and resistance of STLTECH .If the stock crosses above 280 it can easily hit the initial target of 305 and it has a resistance at a point of 308 if the stock shows enough strength to cross that again it will hit the target 2 of 360.
STLTECH - Good Buy For Short termChart is good for short term trade....
9ema & macd look positive...
Sterlite Tech Cmp 274 dated 4.9.2021Sterlite Tech Cmp 274 dated 4.9.2021
1. Trendline resistance @ 277
Buy above 277 for a tgt of 295-315 SL 260
It is just a view, pls trade at your own risk.
Good Swing opportunity for 10% || Sterlite TechThe stock has broken the downtrend and has bounced from short-term support. Can be bought for a target of 300. CMP-273 and SL will be 254 on a closing basis. Do follow for more swing trading ideas.
STERLITE TECHNOLOGIES : TECHNO-FUNDA Overview: STL 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, Virtualized Access Solutions, Network Software and System Integration.
FUNDAMENTAL.....
STL 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, Virtualized Access Solutions, Network Software and System Integration.
Fundamental HIGHLIGHTS. . .
• Innovation Centres (Research & Development): 4
• Innovative Solutions (across the network stack): 4
• Patents: 569
FINANCIAL.....
STERLITE TECHNOLOGIES LTD. (Financials)
Market Cap: Rs. 11,569 Cr.
ROE: 14.31
Return over 1 year: 139.47%
Stock P/E: 42
Debt to Equity: 1.05
Net Profit Margin: 6.32%
Industry PE: -15.22
FII Holding: 6.04%
Net Sales (June’21): Rs. 1,122.46 Cr.
Dividend Yield: 0.70%
MF Holding: Increased by 1.16% (Last 3 Yr.)
Free Cash Flow: 275.99 Cr.
TECHNICAL . . .
Rounding Base : also known as "Bowl", on weekly chart. It can be seen on STLTECH charts with prior up-trend. The average gain for a rounding bottom pattern breakout to the upside before any 18% correction is approximately 41%
Targets can be achieved over 2-3 years.
Additional Info.: : Co. has 11,200 Cr. order book for FY2023 out which 4200 Cr. order have to complete in recent year. (Source: www.bloombergquint.com “Sterlite Tech Management on Q1 Report Card & FY22 Growth Outlook”)
STERLITE: Cup and Handle Formation in the making.Current Market Price - 303
Stop Loss 277
Targets 357, 375, 400
This is purely educational and is not a BUY/SELL Recommedation.
STLTECH Bullish Trend Alert STLTECH
1 . round and rising wedge pattern breakout done
2 upside movement of big rally 3 level target
STLTECH Analysis 01 July 2021At import junction. Its previous resistance zone from 2018 levels and now the stock is challenging it.
Comparative Relative Strength (CRS) against Nifty 100 NSE:NIFTY100EQUALWEIGHT is showing outperformance.
Trending Moving average.
Today Volume Expansion seen above average with Wide range candle on Daily,
