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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 2024-09-18 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 140769

Date	Daily Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	598.45	599.00	607.75	586.05	0.806 times
17 Tue Sep 2024	598.95	594.60	620.05	588.45	2.757 times
16 Mon Sep 2024	587.40	585.20	594.60	577.10	0.894 times
13 Fri Sep 2024	575.20	576.00	588.10	565.90	1.199 times
12 Thu Sep 2024	574.95	556.95	577.00	554.55	0.609 times
11 Wed Sep 2024	556.95	575.25	575.25	555.05	0.796 times
10 Tue Sep 2024	569.55	559.45	581.90	559.45	0.887 times
09 Mon Sep 2024	559.45	555.15	570.00	548.25	1.031 times
06 Fri Sep 2024	561.00	569.15	576.90	553.35	0.719 times
05 Thu Sep 2024	569.15	581.10	587.80	567.00	0.406 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 591.6, but if it comes below 591.6, then a intra day sell could be more profitable.
If you take a sell trade below 591.6, then use 591.6 as stoploss and 576.97 as target. However if you take a buy trade in stock , then use 591.6 as stoploss and 609.2 as target.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.95
Downside Target	481.75
Downside Target	536.10
Downside Target	548.25
Downside Target	577.10
Upside Target	602.00
Upside Target	617.05
Upside Target	619.40
Upside Target	620.05
Upside Target	655.00
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	577.02
Downside Intraday Target	555.58
Upside Intraday Target	619.97
Upside Intraday Target	641.48
Upside Intraday Target	598.53

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Wed Sep 2024	598.45	585.20	620.05	577.10	0.986 times
13 Fri Sep 2024	575.20	555.15	588.10	548.25	1.398 times
06 Fri Sep 2024	561.00	570.00	596.00	553.35	0.608 times
30 Fri Aug 2024	568.05	593.25	602.00	550.00	1.353 times
23 Fri Aug 2024	592.35	593.00	617.05	579.65	0.935 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
18 Wed Sep 2024	598.45	570.00	620.05	548.25	0.417 times
30 Fri Aug 2024	568.05	643.40	655.00	536.10	0.638 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

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 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 negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this 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 but the buy signal is initial and weak.

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 stronger in this stock.

Ichimoku cloud is of red color and prices are in or above the red 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 and the buying is gaining 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 579.81 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.