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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 2024-10-11 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 420140

Date	Daily Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	694.90	723.00	729.80	690.00	0.775 times
10 Thu Oct 2024	714.85	665.40	720.70	660.00	2.241 times
09 Wed Oct 2024	665.40	645.00	670.00	640.00	0.619 times
08 Tue Oct 2024	644.45	623.60	653.45	617.55	0.458 times
07 Mon Oct 2024	627.85	624.00	638.25	600.00	0.686 times
04 Fri Oct 2024	624.30	625.00	643.15	615.55	0.395 times
03 Thu Oct 2024	631.35	639.30	644.80	626.50	0.338 times
01 Tue Oct 2024	649.35	652.00	657.00	635.00	0.678 times
30 Mon Sep 2024	646.40	633.80	659.00	629.00	1.993 times
27 Fri Sep 2024	625.40	622.90	646.75	619.00	0.761 times

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 704.8, for a target of 660.2 or 623.07

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
Downside Target	646.75
Downside Target	655.00
Downside Target	659.00
Downside Target	691.95
Upside Target	729.80

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	620
Downside Intraday Target	545.1
Upside Intraday Target	749.8
Upside Intraday Target	804.7
Downside Intraday Target	674.9

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Fri Oct 2024	694.90	624.00	729.80	600.00	1.404 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
11 Fri Oct 2024	694.90	652.00	729.80	600.00	0.61 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 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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

ADX buy sell signal for Shivalik Bimetal stock for short term is BUY. Signal strength is Strong 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears are picking up momentum.

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

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

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 664.44 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.