SASKEN NEWS why is Sasken Communication Technologies Limited price falling or rising

SASKEN NEWS reasons for why stock price of Sasken Communication Technologies Limited is falling or rising

SASKEN Sasken Communication is falling or rising technical reasons

Technical analysis forecast for Sasken Communication Stock is that its in a downtrend for shortterm, and I will avoid taking a BUY or a LONG trade in this stock. Look for opportunities to sell or SHORT Sasken Communication SASKEN at this time. Stock is falling and might fall more.

It appears as if Sasken Communication SASKEN gave a large move recently.

Stock of Sasken Communication (SASKEN) is trading below an important moving average line, but it crossed this line recently, which means that it could show a small or a large recovery soon enough depending on its trend.

My analysis of Sasken Communication is bearish for shortterm, and stock might move down till 1524.9 or till 1454.4. Use a stoploss of 1583.63 and if the stock hits stoploss, then it can shoot up till 1642.35

SASKEN Sasken Communication is falling or rising NEWS fundamental reasons

Company Announcement Sasken Technologies Limited has informed the Exchange regarding a press release dated April 16, 2024, titled "Sasken and JOYNEXT forge strategic partnership to accelerate innovation and expand global footprint". - NEWS as on 2024-04-16

Sasken Technologies forges strategic partnership with JOYNET Sasken Technologies and JOYNEXT, a respected Tier1 player in the automotive industry, announced a strategic partnership to collaborate on the development and launch of cutting-edge platforms for both in-vehicle systems (navigation, digital cockpit and 5G t - NEWS as on 2024-04-16 business-standard.com

Company Announcement - NEWS as on 2024-04-01

Company Announcement Sasken Technologies Limited has informed the Exchange regarding Trading Plan pursuant to SEBI (Prohibition of Insider Trading) Regulations, 2015 - NEWS as on 2024-04-01

Company Announcement Sasken Technologies Limited has informed the Exchange about issue of Securities pursuant to exercise of Stock Options (Restricted Stock Units). - NEWS as on 2024-02-22

Company Announcement Sasken Technologies Limited has informed the Exchange regarding Allotment of 27,070 Shares to the employees of the Company. - NEWS as on 2024-02-12

More announcements and NEWS

SASKEN Sasken Communication Technologies Limited current price & indicator signals

Moving Averages for Sasken Communication Technologies Limited

  • 5Day Average: 1580.4
  • 12Day Average: 1602.68
  • 20Day Average: 1566.99
  • 50Day Average: 1602.38
  • 100Day Average: 1476.87
  • 150Day Average: 1377.34
  • 200Day Average: 1274.03

SASKEN Indicators & signals

Indicator MACD (12,26,9)

1584.94, 1582.52, 4.07
Indicator MACD is in positive zone

Indicator ADX (14)

16.23, 14.09, 19.55
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

Current RSI is: 52
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SASKEN Sasken Communication Technologies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
18 Thu Apr 2024 1561.95 1533.35 to 1593.65 -0.27% 0.8 times
16 Tue Apr 2024 1566.15 1510.00 to 1600.00 2.62% 1.83 times
15 Mon Apr 2024 1526.20 1510.00 to 1620.00 -5.97% 1.39 times
12 Fri Apr 2024 1623.05 1612.00 to 1646.20 -0.1% 0.4 times
10 Wed Apr 2024 1624.65 1615.20 to 1666.45 -1.62% 0.16 times
09 Tue Apr 2024 1651.40 1641.00 to 1687.45 0.08% 0.44 times
08 Mon Apr 2024 1650.00 1640.00 to 1686.15 -0.96% 0.67 times
05 Fri Apr 2024 1665.95 1580.00 to 1692.95 4.82% 3.45 times
04 Thu Apr 2024 1589.35 1575.00 to 1660.00 -1.65% 0.71 times
03 Wed Apr 2024 1616.00 1568.25 to 1650.00 1.83% 0.63 times
02 Tue Apr 2024 1586.95 1565.20 to 1595.00 1.05% 0.32 times
01 Mon Apr 2024 1570.45 1522.50 to 1579.80 2.67% 0.57 times

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SASKEN NEWS why is Sasken Communication Technologies Limited price falling or rising

 

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