Sterlite Technologies Rounding Bottom
Sterlite Technologies: A key player in Fibre optic cables, 5G Wired and wieless network solutions. It has manufacturing facilities in India, Italy, China and Brazil, and one data Centre design facility in the UK.
Technically, it has formed a rounding bottom, which is bullish pattern on weekly chart. Sustainable move above 240 is a good buying opportunity with Stoploss at 190 on daily closing basis. Targets 270, 300 350++ View is for long term.
(Disclaimer: Spend more time on learning chart, don’t follow blindly. I am not SEBI registered)
Technically, it has formed a rounding bottom, which is bullish pattern on weekly chart. Sustainable move above 240 is a good buying opportunity with Stoploss at 190 on daily closing basis. Targets 270, 300 350++ View is for long term.
(Disclaimer: Spend more time on learning chart, don’t follow blindly. I am not SEBI registered)
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First Target 270 Done!