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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 2024-04-26 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 87538

Date	Daily Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	576.65	577.85	589.85	572.20	0.569 times
25 Thu Apr 2024	577.45	580.20	586.40	574.05	0.689 times
24 Wed Apr 2024	580.20	579.90	594.00	577.05	1.078 times
23 Tue Apr 2024	577.65	580.00	600.00	568.10	2.527 times
22 Mon Apr 2024	574.70	574.70	582.80	567.55	0.849 times
19 Fri Apr 2024	567.20	559.00	577.80	545.55	0.972 times
18 Thu Apr 2024	559.90	555.00	570.00	552.10	0.563 times
16 Tue Apr 2024	559.85	554.45	567.70	551.65	0.572 times
15 Mon Apr 2024	562.90	552.00	571.65	519.00	1.199 times
12 Fri Apr 2024	569.00	584.95	590.00	565.90	0.709 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 584.5 as stoploss in an intra day sell trade for a target of 565.8. However, stock will show a bullish move above 584.5.

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	562.8
Downside Intraday Target	548.95
Upside Intraday Target	595.25
Upside Intraday Target	613.85
Upside Intraday Target	581.4

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
26 Fri Apr 2024	576.65	574.70	600.00	567.55	1.728 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
26 Fri Apr 2024	576.65	522.90	600.00	519.00	0.784 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 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 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 neutral. A longer time frame might give a better analysis.

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 gaining momentum.

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

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 buy signal for Shivalik Bimetal in short term and BUY signal is strong.

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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 572.04 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 has given negative 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.