Short term swing trade (C): Information Technology stock | Indian stock trading idea on 9 Jun 2026
- June 9, 2026
- 9:00 am
- Goodluck Capital
NOTE
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Closing Price: ₹188 (as of Jun 08, 2026)
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StopLoss*: Apply on the daily close. After the first target, reset the StopLoss to your buying price.
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Duration^: Approximate holding period based on the active trading days (excluding market holidays). Actual holding may vary with the market conditions.
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Upside Potential#: Based on median of the suggested buy range.
Silver Touch Technologies Limited is an Indian IT services and digital transformation company that provides software development, cloud solutions, cybersecurity, ERP implementation, data analytics, AI, blockchain, and e-governance solutions. The company serves businesses and government organizations with services ranging from enterprise applications and cloud infrastructure to managed security and digital transformation. Founded in 1992 and headquartered in Ahmedabad, Silver Touch Technologies operates across India and international markets.
Earnings Call Summary
- Record quarter, hitting new highs: Q4 revenue hit ₹100.53 crore, the highest ever in company history, with net profit growing 49% YoY to ₹13.22 crore. A clean, strong finish to the year.
- Full year was outstanding: FY26 revenue grew 18% to ₹315 crore; net profit surged 64% to ₹37.77 crore, with domestic operations being the biggest growth driver.
- Margins expanding nicely: Operating profit margin hit 21.48%, the highest in recent company history, reflecting better cost management and a richer business mix.
- Cash flow turned positive: Operating cash flows turned positive at ₹19.92 crore for FY26, compared to negative cash flows in FY25, a big improvement in financial health.
- Watch this risk: Interest expenses grew 55% over nine months, signalling rising borrowing costs. Management changes in compliance team also worth keeping an eye on.
Financial Highlights
| Metric | Q4 FY26 (Mar '26) | Q3 FY26 (Dec '25) | Q4 FY25 (Mar '25) | QoQ Change | YoY Change |
|---|---|---|---|---|---|
| Revenue from Operations | 101 | 96 | 86 | ▲ 5.2% | ▲ 17.4% |
| EBITDA (Operating Profit) | 22 | 19 | 15 | ▲ 15.8% | ▲ 46.7% |
| EBITDA Margin (OPM %) | 21% | 20% | 18% | ▲ 100 bps | ▲ 300 bps |
| Net Profit (PAT) | 13 | 11 | 9 | ▲ 18.2% | ▲ 44.4% |
| EPS (₹) | 1.04 | 0.87 | 0.73 | ▲ 19.5% | ▲ 42.5% |
Price Performance

Volume Analysis

Key Observations
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Following a breakout above the neckline of a cup & handle pattern, the stock is currently holding above the breakout level, indicating sustained buying interest.
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If this strength continues, the stock may extend its upward move in the near term.
Traders following swing trading tips in NSE and BSE stocks watch for breakouts to time their entries.
Technical Image - Daily Timeframe

Oscillators
| Indicator | Value | Zone |
|---|---|---|
| RSI-14 | 74.08 | Overbought |
| CCI-14 | 144.38 | Overbought |
| MFI | 75.12 | Neutral |
| ROC | 25.56 | Positive |
| Stochastic %K | 87.63 | Bullish |
| William %R | 0.00 | Overbought |
Exponential Moving Averages (EMAs)
| EMA | Value | Stock Position |
|---|---|---|
| 5 EMA | 181 | |
| 10 EMA | 174 | Above |
| 20 EMA | 165 | Above |
| 50 EMA | 153 | Above |
| 100 EMA | 137 | Above |
| 200 EMA | 119 | Above |
Silver Touch Technologies Stock Price Forecast
Based on our positional trading stocks, the Silver Touch Technologies stock price target will be INR 198 - INR 200 in the next 12-14 trading sessions.
MONEY MANAGEMENT AND TRADING RULES
Buy within the recommended price range. You may allow up to 1% flexibility beyond the range if needed.
No need to rush. The recommendation remains valid for up to 7 days, not just at market open.
Use a trailing stop-loss to protect and lock in profits.
Diversify your trading capital across our other recommended stocks to reduce risk.
Invest responsibly. Trade only with funds you can afford to lose and hedge positions where appropriate.
Analyst Summary
The research analysis is prepared by Arijit Banerjee, CMT, CFTe. He is a veteran trader and an active investor having in-depth knowledge in financial market research, advanced technical analysis, market cycle, algorithmic trading and portfolio management. Arijit is a Chartered Market Technician (CMT) accredited by CMT Association USA, the leading global authority of Technical Analysis and has been honoured by Certified Financial Technician (CFTe) from the International Federation of Technical Analysts, USA. SEBI, the regulatory body of Indian financial market also recognizes him as a Research Analyst (INH300006582).
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