SMLT NEWS why is Sarthak Metals Limited price falling or rising

SMLT NEWS reasons for why stock price of Sarthak Metals Limited is falling or rising

SMLT Sarthak Metals is falling or rising technical reasons

Technical analysis forecast for Sarthak Metals 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 Sarthak Metals SMLT at this time. Stock is falling and might fall more.

It appears as if Sarthak Metals SMLT gave a large move recently.

Stock of Sarthak Metals (SMLT) 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 Sarthak Metals is bearish for shortterm, and stock might move down till 272.2 or till 213.4. Use a stoploss of 321.15 and if the stock hits stoploss, then it can shoot up till 370.12

SMLT Sarthak Metals is falling or rising NEWS fundamental reasons

Company Announcement - NEWS as on 2024-04-16

Company Announcement Sarthak Metals Limited has informed the Exchange about Link of Recording - NEWS as on 2024-02-12

Company Announcement Sarthak Metals Limited has informed the Exchange about Copy of Newspaper Publication - NEWS as on 2024-02-09

Company Announcement Sarthak Metals Limited has informed the Exchange regarding Board meeting held on February 08, 2024. - NEWS as on 2024-02-08

Board Meeting to discuss Financial Results To consider and approve the financial results for the period ended December 31, 2023 - NEWS as on 2024-01-30

Board Meeting to discuss Dividend Notice of Board Meeting under Regulation 29 (1) of Listing Regulations, 2015 for considering the payment of Interim Dividend for the Financial Year 2023-24, fixation of Record Date for payment of Interim Dividend and other matters on agenda. - NEWS as on 2023-12-04

Company Announcement Sarthak Metals Limited has informed the Exchange regarding 'Intimation of receipt of BIS Certification for the new product Flux Cored Wires, beginning of commercial production and execution of sales order'. - NEWS as on 2023-11-28

More announcements and NEWS

SMLT Sarthak Metals Limited current price & indicator signals

Moving Averages for Sarthak Metals Limited

  • 5Day Average: 360.02
  • 12Day Average: 341.45
  • 20Day Average: 312.55
  • 50Day Average: 277.01
  • 100Day Average: 254.86
  • 150Day Average: 230.74
  • 200Day Average: 214.9

SMLT Indicators & signals

Indicator MACD (12,26,9)

334.84, 312.21, 24.29
Indicator MACD is in positive zone

Indicator ADX (14)

16.71, 33.33, 23.79
Indicator ADX is indicating that momentum is weak.
Indicator ADX is showing that momentum is towards buying

Indicator RSI (14)

Current RSI is: 56
Indicator RSI is indicating buying momentum and stock might rise.

Recent prices of SMLT Sarthak Metals Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Tue Feb 2024 301.80 301.80 to 301.80 -4.99% 0.06 times
12 Mon Feb 2024 317.65 317.65 to 317.65 -9.99% 0.05 times
09 Fri Feb 2024 352.90 352.90 to 352.90 -10% 0.1 times
08 Thu Feb 2024 392.10 392.10 to 429.95 -10% 0.77 times
07 Wed Feb 2024 435.65 385.05 to 448.00 11.29% 3.39 times
06 Tue Feb 2024 391.45 333.50 to 397.65 18.12% 3.38 times
05 Mon Feb 2024 331.40 326.00 to 361.25 1.73% 0.51 times
02 Fri Feb 2024 325.75 319.85 to 331.20 0.82% 0.22 times
01 Thu Feb 2024 323.10 317.25 to 329.90 0.12% 0.47 times
31 Wed Jan 2024 322.70 297.15 to 328.00 6.54% 0.72 times
30 Tue Jan 2024 302.90 297.20 to 309.15 0.97% 0.39 times
29 Mon Jan 2024 300.00 294.00 to 318.00 -2.49% 0.65 times

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