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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 2024-10-29 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 142836

Date	Daily Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	626.95	633.35	635.85	613.70	0.957 times
28 Mon Oct 2024	633.35	625.00	637.05	615.05	0.676 times
25 Fri Oct 2024	623.45	637.40	647.90	612.75	1.084 times
24 Thu Oct 2024	644.85	651.50	654.75	632.65	0.484 times
23 Wed Oct 2024	651.50	642.05	661.95	633.80	0.693 times
22 Tue Oct 2024	644.00	669.75	669.75	634.85	1.492 times
21 Mon Oct 2024	671.50	700.80	703.95	666.00	0.987 times
18 Fri Oct 2024	698.65	688.95	707.45	666.45	1.004 times
17 Thu Oct 2024	685.50	690.70	702.90	673.15	0.99 times
16 Wed Oct 2024	690.65	713.20	717.15	687.05	1.215 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 631, but if it comes above 631, then a intra day buy could be more profitable.
If you take a sell trade below 631, then use 631 as stoploss and 594 as target. However if you take a buy trade in stock , then use 631 as stoploss and 661.82 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	580.40
Downside Target	600.00
Downside Target	612.75
Upside Target	637.05
Upside Target	655.00
Upside Target	666.45
Upside Target	691.95
Upside Target	703.95
Upside Target	720.90
Upside Target	729.80

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	614.75
Downside Intraday Target	602.55
Upside Intraday Target	638.1
Upside Intraday Target	649.25
Downside Intraday Target	625.9

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
29 Tue Oct 2024	626.95	625.00	637.05	613.70	0.344 times
25 Fri Oct 2024	623.45	700.80	703.95	612.75	0.771 times
18 Fri Oct 2024	698.65	701.25	720.90	666.45	0.437 times
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

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
29 Tue Oct 2024	626.95	652.00	729.80	600.00	1.029 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 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 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 but the sell signal is initial and weak.

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 green color and prices are in or below the green 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 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 658.57 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 positive

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