Silver Touch Technologies Ltd Falls 6.89%: Key Technical Shifts and Lower Circuit Impact

9 February 2026: Positive Start with Upward Momentum

Silver Touch Technologies Ltd began the week on a positive note, closing at Rs.1,377.15, a gain of 0.90% from the previous close of Rs.1,364.85. The stock traded within a relatively narrow range, with an intraday high near Rs.1,384.00 and a low of Rs.1,343.80. This upward movement was in line with the Sensex’s 1.04% gain to 37,113.23, indicating a broadly favourable market environment. The volume of 6,647 shares reflected moderate investor interest, setting a constructive tone for the week ahead.

10 February 2026: Bullish Momentum Amid Mixed Technical Signals

On 10 February, the stock experienced a sharp reversal, declining by 3.63% to close at Rs.1,327.20 despite the Sensex rising 0.25% to 37,207.34. This divergence highlighted company-specific factors influencing the price. Technical analysis revealed a shift from a mildly bullish to a more confident bullish trend, supported by moving averages and the MACD indicator on weekly and monthly timeframes. However, momentum oscillators such as the RSI showed bearish signals, suggesting potential short-term consolidation. The stock’s price remained well above its 52-week low of Rs.621.00 but was still below the 52-week high of Rs.1,695.50, reflecting a recovery trajectory tempered by caution.

11–12 February 2026: Minor Gains Amid Mixed Market Signals

The stock showed modest recovery on 11 February, rising 0.45% to Rs.1,333.15, and further gained 0.25% on 12 February to Rs.1,336.50. These incremental gains contrasted with the Sensex’s smaller advances and a slight decline on 12 February (-0.56%). The technical indicators remained mixed, with bullish MACD and KST momentum offset by bearish RSI readings and lack of volume confirmation. Delivery volumes declined by 37.57% on 12 February compared to the five-day average, signalling waning investor conviction. The stock’s price hovered above its 50-day and longer moving averages, suggesting the longer-term trend remained intact despite short-term volatility.

13 February 2026: Sharp Decline to Lower Circuit Amid Heavy Selling

The week ended on a sharply negative note as Silver Touch Technologies Ltd plunged 4.92% to close at Rs.1,270.75, hitting its lower circuit limit. The intraday range was wide, with a high of Rs.1,336.00 and a low of Rs.1,270.40, reflecting intense selling pressure and heightened volatility of 7.83%. The stock’s weighted average price indicated most trades occurred near the day’s low, underscoring sustained bearish sentiment. Volume surged to 6,335 shares, with a turnover of approximately Rs.5.91 crore. This decline outpaced the Sensex’s 1.40% fall to 36,532.48 and the sector’s 1.39% drop, highlighting company-specific concerns driving the sell-off.

Weekly Price Performance: Silver Touch Technologies Ltd vs Sensex

Key Takeaways

Positive Signals: The week began with a bullish technical momentum upgrade, supported by moving averages and MACD indicators on weekly and monthly charts. The stock’s price remained above key longer-term moving averages, indicating a resilient underlying trend. The MarketsMOJO Mojo Score of 64.0 and Hold rating reflect improved fundamentals compared to the previous Sell grade, suggesting stabilisation in the company’s outlook.

Cautionary Signals: Despite early optimism, the stock underperformed the Sensex significantly, falling 6.89% versus the benchmark’s 0.54% decline. The sharp plunge to the lower circuit on 13 February, accompanied by heavy selling and increased volatility, signals heightened investor anxiety and a potential short-term trend reversal. Bearish RSI readings and declining delivery volumes further underscore the risk of near-term consolidation or correction. The lack of confirmation from volume-based indicators and Dow Theory adds to the uncertainty.

Conclusion

Silver Touch Technologies Ltd’s week was marked by a volatile mix of bullish technical momentum and sudden heavy selling pressure. While the stock showed signs of strengthening early in the week, the sharp decline to the lower circuit limit on the final trading day highlights the fragility of the short-term trend. The company’s improved Mojo Score and Hold rating indicate some fundamental progress, yet the recent price action suggests investors remain cautious amid broader market weakness and sector challenges.

Going forward, the stock’s trajectory will depend on its ability to regain investor confidence, improve delivery volumes, and demonstrate sustained technical strength. Market participants should monitor upcoming corporate developments and sector trends closely to gauge whether the current weakness represents a temporary setback or a more prolonged correction.

Unlock special upgrade rates for a limited period. Start Saving Now →