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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 2024-08-29 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 113172

Date	Daily Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	552.30	570.00	575.80	550.00	1.798 times
28 Wed Aug 2024	571.90	580.35	582.00	568.00	0.592 times
27 Tue Aug 2024	579.80	592.00	599.70	577.00	0.947 times
26 Mon Aug 2024	596.75	593.25	602.00	578.90	1.792 times
23 Fri Aug 2024	592.35	611.90	613.65	584.55	1.294 times
22 Thu Aug 2024	603.65	595.70	614.90	589.55	0.985 times
21 Wed Aug 2024	586.95	592.00	595.95	583.80	0.523 times
20 Tue Aug 2024	589.80	603.00	617.05	579.65	1.113 times
19 Mon Aug 2024	603.00	593.00	609.60	581.00	0.978 times
16 Fri Aug 2024	591.30	560.90	595.25	558.55	1.074 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 558.8, but if it comes above 558.8, then a intra day buy could be more profitable.
If you take a sell trade below 558.8, then use 558.8 as stoploss and 528.7 as target. However if you take a buy trade in stock , then use 558.8 as stoploss and 583.82 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	579.65
Upside Target	617.05
Upside Target	619.40
Upside Target	621.05
Upside Target	629.95
Upside Target	655.00
Upside Target	669.30
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	534.2
Downside Intraday Target	516.1
Upside Intraday Target	586.2
Upside Intraday Target	620.1
Upside Intraday Target	568.1

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Thu Aug 2024	552.30	593.25	602.00	550.00	1.049 times
23 Fri Aug 2024	592.35	593.00	617.05	579.65	0.935 times
16 Fri Aug 2024	591.30	548.50	595.25	541.50	0.297 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

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
29 Thu Aug 2024	552.30	643.40	655.00	536.10	0.612 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 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 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 Weak 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 getting stronger in this stock.

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 but buying is losing momentum.

MRSI is in positive zone. This is a BUY 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 585.74 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.