SIFY NEWS why is Sify Technologies Limited price falling or rising

SIFY NEWS reasons for why stock price of Sify Technologies Limited is falling or rising

SIFY Sify Technologies is falling or rising technical reasons

Technical analysis forecast of Sify Technologies Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Sify Technologies SIFY at this time. Stock is rising and might rise more.

It appears as if Sify Technologies SIFY gave a large move recently.

Stock of Sify Technologies (SIFY) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.

My analysis of Sify Technologies is bullish for shortterm, and stock might move up till 3.5 or till 3.8. Use a stoploss of 3.21 and if this stock hits its stoploss, then it can fall down till 2.94

SIFY Sify Technologies is falling or rising NEWS fundamental reasons

Irdai wants insurers to diversify policy distribution channels: Official The Insurance Regulatory and Development Authority of India (IRDAI) is urging insurers to diversify their distribution channels, reducing reliance on parent banks. Some insurers sell over 75% of policies through their parent banks. While recognizing the - NEWS as on 2024-12-12 indiatimes.com

Insurers may get to diversify operations beyond core business The finance ministry proposes allowing insurers to expand beyond insurance. The draft suggests new services like guarantee and indemnity services and managing repossessed properties. The proposal includes reforms such as composite registration, reduced cap - NEWS as on 2024-12-03 indiatimes.com

Delivery Hero shares sink as company to reclassify Spanish workers as employees - NEWS as on 2024-12-02 marketwatch.com

More announcements and NEWS

SIFY Sify Technologies Limited current price & indicator signals

Moving Averages for Sify Technologies Limited

  • 5Day Average: 3.29
  • 12Day Average: 3.3
  • 20Day Average: 3.17
  • 50Day Average: 2.88
  • 100Day Average: 1.64
  • 150Day Average: 1.35
  • 200Day Average: 1.33

SIFY Indicators & signals

Indicator MACD (12,26,9)

3.26, 3.15, 0.14
Indicator MACD is in positive zone

Indicator ADX (14)

0, 28, 28
Indicator ADX is indicating that momentum is weak.
Momentum is towards selling.

Indicator RSI (14)

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

Recent prices of SIFY Sify Technologies Limited are as follows: Daily volume is divided by 10 day averaged volume

Date Close Range Change % Volume
13 Fri Dec 2024 3.22 3.07 to 3.22 4.55% 0.29 times
12 Thu Dec 2024 3.08 3.06 to 3.30 -6.95% 1.09 times
11 Wed Dec 2024 3.31 3.21 to 3.48 -0.3% 0.58 times
10 Tue Dec 2024 3.32 3.30 to 3.64 -5.14% 1.55 times
09 Mon Dec 2024 3.50 3.36 to 3.53 -1.41% 0.79 times
26 Tue Nov 2024 3.55 3.44 to 3.62 0% 0.52 times
26 Tue Nov 2024 3.55 3.44 to 3.62 2.6% 0.52 times
25 Mon Nov 2024 3.46 3.22 to 3.46 2.67% 0.86 times
22 Fri Nov 2024 3.37 3.32 to 3.59 0.6% 1.6 times
21 Thu Nov 2024 3.35 3.01 to 3.40 13.18% 2.09 times
20 Wed Nov 2024 2.96 2.83 to 2.96 3.14% 0.39 times
19 Tue Nov 2024 2.87 2.80 to 2.89 2.87% 0.31 times

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