Overall Technical outlook

Price Summary

On 2026-02-03, Sterlite Technologies Limited's stock began at 126.0, climbed to 129.99, dropped to 120.0, and had -1.14% to end at 124.56, with a volume of 18904408 shares.
Throughout the 52-week period, the stock hit a high of 137.58 and a low of 59.48.

Technicals

Support and Resistance: The price of 124.56 is supported at 123.9 and encounters resistance at 136.84. This suggests key levels where the price might find stability, with 123.9 providing a base and 136.84 acting as an upper boundary for STLTECH.
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Support/Resistance for STLTECH


Aroon: Aroon's bullish trend is ongoing, with Aroon Up consistently at the 100 level. While this suggests strong upward momentum for STLTECH, it's important to analyze this trend further with other indicators to gain a comprehensive understanding of the direction.
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Aroon chart for Sterlite Technologies Limited


Bol. Bands: The current price remains above the upper Bollinger Band, reflecting strong upward momentum for STLTECH since its previous move. This could suggest that the asset is overbought, with traders possibly interpreting this as a sign of sustained strength. However, caution is warranted, as extended periods above the band could lead to a correction or reversal, marking a potential turning point in the trend.
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Bolinger Bands chart for Sterlite Technologies Limited


Parabolic SAR: The PSAR continues to indicate a bullish outlook, establishing a key support level that could sustain the market's upward trend. This support suggests that the bullish momentum is likely to persist, offering a foundation for further growth.
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Parabolic Stop and Reverse chart for Sterlite Technologies Limited


Stochastic: The stochastic indicator is in a bullish mode, with the K-line crossing above the D-line and the 80 level for STLTECH. This alignment suggests strong upward momentum, indicating that the market may continue to trend higher. Investors could interpret this as a positive sign of sustained market growth.
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Stochastic chart for Sterlite Technologies Limited


Tripple Moving Agerage: The Tripple MOVING AVG is currently neutral, offering no clear guidance on market direction. This suggests that the market may be in a state of pause, with no strong trend emerging.
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Tripple SMA chart for Sterlite Technologies Limited


When evaluating a company, it is crucial to examine its fundamentals, including its financial statements, management structure, and market position. Additionally, understanding the broader industry trends, competition, and regulatory landscape helps to create a well-rounded view. By assessing both the company's internal factors and the external environment in which it operates, you can extract more valuable insights from its technical performance, such as stock price movements and trading patterns.