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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 2024-12-11 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 136926

Date	Daily Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	609.45	604.90	611.00	597.65	0.736 times
10 Tue Dec 2024	600.00	584.95	621.80	584.95	3.399 times
09 Mon Dec 2024	580.75	590.00	598.95	578.00	0.496 times
06 Fri Dec 2024	589.10	575.00	594.40	574.80	0.588 times
05 Thu Dec 2024	574.85	581.80	582.90	570.00	0.436 times
04 Wed Dec 2024	577.60	568.70	580.85	564.55	0.709 times
03 Tue Dec 2024	566.00	560.00	577.00	550.00	0.835 times
02 Mon Dec 2024	558.70	546.45	561.70	535.20	1.707 times
29 Fri Nov 2024	553.45	568.00	573.70	552.00	0.526 times
28 Thu Nov 2024	565.45	564.50	574.75	557.60	0.386 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 615.8, for a target of 595.5 or 578.55

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	533.10
Downside Target	548.25
Downside Target	578.00
Upside Target	612.90
Upside Target	621.80
Upside Target	623.65
Upside Target	655.00
Upside Target	659.00
Upside Target	684.90
Upside Target	729.80

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	584.37
Downside Intraday Target	559.28
Upside Intraday Target	628.17
Upside Intraday Target	646.88
Downside Intraday Target	603.08

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
11 Wed Dec 2024	609.45	590.00	621.80	578.00	1.084 times
06 Fri Dec 2024	589.10	546.45	594.40	535.20	0.877 times
29 Fri Nov 2024	553.45	578.40	588.30	533.10	1.536 times
22 Fri Nov 2024	567.35	605.00	612.90	552.05	1.194 times
14 Thu Nov 2024	600.25	615.85	623.65	580.00	0.477 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 Wed Dec 2024	609.45	546.45	621.80	535.20	0.54 times
29 Fri Nov 2024	553.45	664.90	684.90	533.10	0.495 times
31 Thu Oct 2024	659.55	652.00	729.80	600.00	1.07 times
30 Mon Sep 2024	646.40	570.00	659.00	548.25	1.034 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in 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 tired and bears are picking up momentum.

Ichimoku cloud is of red color and prices are in or above the red 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 and selling is picking up 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 582.43 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 negative.

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