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(SBCL) Shivalik Bimetal complete technical analysis [charts+indicators] | Buy/Sell Shivalik Bimetal | (SBCL) share price targets

Complete technical analysis of Shivalik Bimetal (SBCL) by charts plus indicators, forecast predictions and share price targets for Shivalik Bimetal (SBCL)

Showing technical analysis as on 2024-04-25 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 88631

Date	Daily Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	577.45	580.20	586.40	574.05	0.68 times
24 Wed Apr 2024	580.20	579.90	594.00	577.05	1.064 times
23 Tue Apr 2024	577.65	580.00	600.00	568.10	2.496 times
22 Mon Apr 2024	574.70	574.70	582.80	567.55	0.838 times
19 Fri Apr 2024	567.20	559.00	577.80	545.55	0.96 times
18 Thu Apr 2024	559.90	555.00	570.00	552.10	0.556 times
16 Tue Apr 2024	559.85	554.45	567.70	551.65	0.565 times
15 Mon Apr 2024	562.90	552.00	571.65	519.00	1.184 times
12 Fri Apr 2024	569.00	584.95	590.00	565.90	0.701 times
10 Wed Apr 2024	579.50	581.80	585.00	572.50	0.833 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 583.6 as stoploss in an intra day sell trade for a target of 563.36. However, stock will show a bullish move above 583.6.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	512.15
Downside Target	548.00
Downside Target	563.00
Downside Target	575.85
Upside Target	577.80
Upside Target	595.00
Upside Target	599.30
Upside Target	599.40
Upside Target	600.00
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	563.33
Downside Intraday Target	549.22
Upside Intraday Target	595.78
Upside Intraday Target	614.12
Upside Intraday Target	581.67

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	577.45	574.70	600.00	567.55	1.556 times
19 Fri Apr 2024	567.20	552.00	577.80	519.00	0.982 times
12 Fri Apr 2024	569.00	583.70	595.00	565.90	0.441 times
05 Fri Apr 2024	576.35	522.90	599.30	520.00	1.837 times
28 Thu Mar 2024	519.35	540.00	549.50	512.15	0.912 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shivalik Bimetal (SBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
25 Thu Apr 2024	577.45	522.90	600.00	519.00	0.761 times
28 Thu Mar 2024	519.35	539.40	575.85	460.00	0.827 times
29 Thu Feb 2024	539.40	593.30	599.40	519.05	0.508 times
31 Wed Jan 2024	588.50	555.00	616.95	548.00	2.682 times

Scroll below to view daily charts

Price has moved up this month, but volume has not increased substantially. This means that the move can be temporary and might not continue in coming months.

Indicators analysis of Shivalik Bimetal (SBCL)

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short term time period is definitely positive! This means that there is a strong uptrend in the stock for the given time period. Buyers are extremely bullish on the stock.

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short to mid term time period is negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a mid to longer term time period is neutral. A longer time frame might give a better analysis.

ADX buy sell signal for Shivalik Bimetal stock for short term is BUY. Signal strength is Weak and stock is losing momentum.

MACD generated a BUY signal for Shivalik Bimetal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shivalik Bimetal Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shivalik Bimetal in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shivalik Bimetal is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 572.4 and Shivalik Bimetal (SBCL) stock is trading above this level. This is a good sign for the stock and it could move higher. VWAP is falling down

People seem to be coming out and selling the Shivalik Bimetal (SBCL) stock. Volume based technical analysis of Shivalik Bimetal (SBCL) stock is negative.

Shivalik Bimetal Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.