Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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 2024-10-08 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 312458

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	644.45	623.60	653.45	617.55	0.616 times
07 Mon Oct 2024	627.85	624.00	638.25	600.00	0.922 times
04 Fri Oct 2024	624.30	625.00	643.15	615.55	0.531 times
03 Thu Oct 2024	631.35	639.30	644.80	626.50	0.454 times
01 Tue Oct 2024	649.35	652.00	657.00	635.00	0.912 times
30 Mon Sep 2024	646.40	633.80	659.00	629.00	2.68 times
27 Fri Sep 2024	625.40	622.90	646.75	619.00	1.023 times
26 Thu Sep 2024	616.70	598.90	639.95	595.05	2.462 times
25 Wed Sep 2024	596.35	590.00	600.20	579.05	0.297 times
24 Tue Sep 2024	584.00	605.45	610.90	582.10	0.329 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 631.6, but if it comes below 631.6, then a intra day sell could be more profitable.
If you take a sell trade below 631.6, then use 631.6 as stoploss and 604.39 as target. However if you take a buy trade in stock , then use 631.6 as stoploss and 664.3 as target.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.95
Downside Target	536.10
Downside Target	548.25
Downside Target	562.00
Downside Target	579.05
Downside Target	600.00
Downside Target	615.55
Upside Target	646.75
Upside Target	653.45
Upside Target	655.00
Upside Target	657.00
Upside Target	659.00
Upside Target	691.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	611.82
Downside Intraday Target	579.18
Upside Intraday Target	665.27
Upside Intraday Target	686.08
Downside Intraday Target	632.63

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Oct 2024	644.45	624.00	653.45	600.00	0.336 times
04 Fri Oct 2024	624.30	633.80	659.00	615.55	1.017 times
27 Fri Sep 2024	625.40	608.70	646.75	579.05	1.515 times
20 Fri Sep 2024	603.95	585.20	620.05	562.00	1.458 times
13 Fri Sep 2024	575.20	555.15	588.10	548.25	1.398 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
08 Tue Oct 2024	644.45	652.00	657.00	600.00	0.252 times
30 Mon Sep 2024	646.40	570.00	659.00	548.25	1.034 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

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 neutral. A longer time frame might give a better analysis.

Price action analysis of Shivalik Bimetal ( (SBCL) ) based on a short term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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 Weak and stock is gaining momentum.

MACD generated a BUY signal for Shivalik Bimetal in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shivalik Bimetal Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shivalik Bimetal in short term and BUY signal is strong.

RSI is generating a SELL signal in short term but selling is losing 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 630.34 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.