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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 2024-07-24 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 488845

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	663.50	688.90	688.90	658.55	0.283 times
23 Tue Jul 2024	685.35	652.10	691.95	622.00	0.964 times
22 Mon Jul 2024	642.50	630.95	648.00	615.70	0.375 times
19 Fri Jul 2024	640.90	671.00	675.00	616.80	1.841 times
18 Thu Jul 2024	675.50	666.15	677.95	646.00	0.471 times
16 Tue Jul 2024	669.30	671.05	672.85	656.85	0.305 times
15 Mon Jul 2024	669.90	660.00	673.00	655.05	0.787 times
12 Fri Jul 2024	654.00	635.00	687.90	635.00	3.523 times
11 Thu Jul 2024	624.40	612.40	626.85	607.00	0.284 times
10 Wed Jul 2024	612.30	632.50	634.40	601.50	0.549 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 659.1, but if it comes below 659.1, then a intra day sell could be more profitable.
If you take a sell trade below 659.1, then use 659.1 as stoploss and 626.02 as target. However if you take a buy trade in stock , then use 659.1 as stoploss and 698.8 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	575.85
Downside Target	614.40
Downside Target	616.80
Downside Target	619.40
Upside Target	677.95
Upside Target	687.90
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	622.15
Downside Intraday Target	580.8
Upside Intraday Target	698.4
Upside Intraday Target	733.3
Downside Intraday Target	657.05

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Jul 2024	663.50	630.95	691.95	615.70	0.477 times
19 Fri Jul 2024	640.90	660.00	677.95	616.80	0.612 times
12 Fri Jul 2024	654.00	602.95	687.90	588.55	3.079 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

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
24 Wed Jul 2024	663.50	582.00	691.95	580.40	1.297 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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 stronger in this stock.

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 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 654.05 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.