Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-07-10 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 391185

Date	Daily Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	612.30	632.50	634.40	601.50	0.687 times
09 Tue Jul 2024	627.90	600.30	638.95	588.55	1.125 times
08 Mon Jul 2024	600.30	602.95	613.00	588.55	0.382 times
05 Fri Jul 2024	598.10	598.95	605.85	591.00	0.279 times
04 Thu Jul 2024	597.60	610.00	613.85	595.00	0.342 times
03 Wed Jul 2024	603.85	609.90	614.40	601.10	0.413 times
02 Tue Jul 2024	606.05	598.70	612.00	595.55	0.658 times
01 Mon Jul 2024	593.65	582.00	602.00	580.40	0.565 times
28 Fri Jun 2024	581.35	587.20	592.10	576.95	0.334 times
27 Thu Jun 2024	585.30	594.20	594.20	577.00	0.733 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 604.5, but if it comes below 604.5, then a intra day sell could be more profitable.
If you take a sell trade below 604.5, then use 604.5 as stoploss and 571.7 as target. However if you take a buy trade in stock , then use 604.5 as stoploss and 643.9 as target.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	481.75
Downside Target	519.00
Downside Target	560.00
Downside Target	588.55
Downside Target	590.00
Downside Target	600.00
Upside Target	614.40
Upside Target	619.40
Upside Target	638.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	587.58
Downside Intraday Target	562.87
Upside Intraday Target	637.98
Upside Intraday Target	663.67
Upside Intraday Target	613.27

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	612.30	602.95	638.95	588.55	0.972 times
05 Fri Jul 2024	598.10	582.00	614.40	580.40	0.332 times
28 Fri Jun 2024	581.35	532.00	619.40	522.30	6.792 times
21 Fri Jun 2024	531.00	537.65	560.00	526.10	0.666 times
14 Fri Jun 2024	537.55	535.60	569.00	524.00	0.567 times

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

Monthly technical analysis of Shivalik Bimetal (SBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
10 Wed Jul 2024	612.30	582.00	638.95	580.40	0.373 times
28 Fri Jun 2024	581.35	524.95	619.40	460.95	2.144 times
31 Fri May 2024	506.20	582.40	590.00	481.75	1.162 times
30 Tue Apr 2024	574.45	522.90	600.00	519.00	0.838 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 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 mid to longer 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.

ADX buy sell signal for Shivalik Bimetal stock for short term is BUY. Signal strength is Strong 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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 604.27 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 rising upwards.

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.