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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 2024-08-14 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 268334

Date	Daily Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	559.00	566.90	568.05	555.00	0.296 times
13 Tue Aug 2024	565.55	581.15	588.90	560.40	0.517 times
12 Mon Aug 2024	581.50	548.50	587.15	541.50	0.94 times
09 Fri Aug 2024	546.55	571.40	578.45	543.00	1.092 times
08 Thu Aug 2024	565.20	550.00	598.00	549.95	1.95 times
07 Wed Aug 2024	550.20	557.00	567.20	536.10	1.487 times
06 Tue Aug 2024	560.70	608.00	620.75	550.00	2.229 times
05 Mon Aug 2024	610.00	629.95	629.95	598.60	0.662 times
02 Fri Aug 2024	638.30	621.05	644.75	621.05	0.583 times
01 Thu Aug 2024	631.65	643.40	655.00	626.55	0.308 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 573.8, but if it comes above 573.8, then a intra day buy could be more profitable.
If you take a sell trade below 573.8, then use 573.8 as stoploss and 518.3 as target. However if you take a buy trade in stock , then use 573.8 as stoploss and 619.99 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	536.10
Upside Target	580.40
Upside Target	615.70
Upside Target	621.05
Upside Target	629.95
Upside Target	655.00
Upside Target	669.30
Upside Target	677.95
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	537.37
Downside Intraday Target	515.73
Upside Intraday Target	584.77
Upside Intraday Target	610.53
Upside Intraday Target	563.13

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Wed Aug 2024	559.00	548.50	588.90	541.50	0.236 times
09 Fri Aug 2024	546.55	629.95	629.95	536.10	4.685 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

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
14 Wed Aug 2024	559.00	643.40	655.00	536.10	0.418 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 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 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 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 and the sell signal is strong.

Shivalik Bimetal Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red 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 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 570.54 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 negative.

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