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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 2024-08-05 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 143664

Date	Daily Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	610.00	629.95	629.95	598.60	1.236 times
02 Fri Aug 2024	638.30	621.05	644.75	621.05	1.089 times
01 Thu Aug 2024	631.65	643.40	655.00	626.55	0.576 times
31 Wed Jul 2024	643.40	665.00	665.60	640.55	0.433 times
30 Tue Jul 2024	659.05	655.75	665.45	651.55	0.414 times
29 Mon Jul 2024	655.75	666.15	669.30	652.10	0.447 times
26 Fri Jul 2024	666.50	662.70	672.00	657.85	0.64 times
25 Thu Jul 2024	658.75	663.50	669.10	646.55	0.882 times
24 Wed Jul 2024	663.50	688.90	688.90	658.55	0.963 times
23 Tue Jul 2024	685.35	652.10	691.95	622.00	3.281 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 623.7, but if it comes above 623.7, then a intra day buy could be more profitable.
If you take a sell trade below 623.7, then use 623.7 as stoploss and 596.4 as target. However if you take a buy trade in stock , then use 623.7 as stoploss and 646.46 as target.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.95
Downside Target	481.75
Downside Target	519.00
Downside Target	580.40
Upside Target	615.70
Upside Target	629.95
Upside Target	655.00
Upside Target	669.30
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	595.75
Downside Intraday Target	581.5
Upside Intraday Target	627.1
Upside Intraday Target	644.2
Upside Intraday Target	612.85

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Mon Aug 2024	610.00	629.95	629.95	598.60	0.418 times
02 Fri Aug 2024	638.30	666.15	669.30	621.05	0.42 times
26 Fri Jul 2024	666.50	630.95	691.95	615.70	0.608 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

Price has moved down 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
05 Mon Aug 2024	610.00	643.40	655.00	598.60	0.064 times
31 Wed Jul 2024	643.40	582.00	691.95	580.40	1.383 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

Scroll below to view daily charts

Price has moved down 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short to mid term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 SELL. Signal strength is Strong and stock is gaining momentum.

MACD generated a SELL signal for Shivalik Bimetal in short term but the sell signal is initial and weak.

Shivalik Bimetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

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

CCI has generated a SELL signal for Shivalik Bimetal in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing 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 657.83 and Shivalik Bimetal (SBCL) stock is trading below this level. This means that stock is falling with high volumes. 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.