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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)

10 day averaged volume of Shivalik Bimetal is 87936

Date	Daily Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	580.20	579.90	594.00	577.05	1.073 times
23 Tue Apr 2024	577.65	580.00	600.00	568.10	2.516 times
22 Mon Apr 2024	574.70	574.70	582.80	567.55	0.845 times
19 Fri Apr 2024	567.20	559.00	577.80	545.55	0.967 times
18 Thu Apr 2024	559.90	555.00	570.00	552.10	0.56 times
16 Tue Apr 2024	559.85	554.45	567.70	551.65	0.569 times
15 Mon Apr 2024	562.90	552.00	571.65	519.00	1.194 times
12 Fri Apr 2024	569.00	584.95	590.00	565.90	0.706 times
10 Wed Apr 2024	579.50	581.80	585.00	572.50	0.84 times
09 Tue Apr 2024	576.80	580.65	589.90	571.90	0.81 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 582.1 as stoploss in an intra day sell trade for a target of 561.31. However, stock will show a bullish move above 582.1.

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	512.15
Downside Target	548.00
Downside Target	563.00
Downside Target	575.85
Downside Target	577.80
Upside Target	595.00
Upside Target	599.30
Upside Target	599.40
Upside Target	600.00
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	565.17
Downside Intraday Target	550.13
Upside Intraday Target	597.62
Upside Intraday Target	615.03
Upside Intraday Target	582.58

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Wed Apr 2024	580.20	574.70	600.00	567.55	1.347 times
19 Fri Apr 2024	567.20	552.00	577.80	519.00	0.982 times
12 Fri Apr 2024	569.00	583.70	595.00	565.90	0.441 times
05 Fri Apr 2024	576.35	522.90	599.30	520.00	1.837 times
28 Thu Mar 2024	519.35	540.00	549.50	512.15	0.912 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
24 Wed Apr 2024	580.20	522.90	600.00	519.00	0.734 times
28 Thu Mar 2024	519.35	539.40	575.85	460.00	0.827 times
29 Thu Feb 2024	539.40	593.30	599.40	519.05	0.508 times
31 Wed Jan 2024	588.50	555.00	616.95	548.00	2.682 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 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.

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

ADX buy sell signal for Shivalik Bimetal stock for short term is BUY. Signal strength is Weak and stock is losing 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 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 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 572.41 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 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.