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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 2024-04-04 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 95415

Date	Daily Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	586.25	598.45	599.30	575.00	2.959 times
03 Wed Apr 2024	573.30	557.85	575.00	555.85	1.099 times
02 Tue Apr 2024	557.85	539.00	566.00	539.00	1.591 times
01 Mon Apr 2024	538.90	522.90	558.35	520.00	0.65 times
28 Thu Mar 2024	519.35	520.10	534.40	512.15	1.138 times
27 Wed Mar 2024	520.00	527.95	539.95	515.00	1.247 times
26 Tue Mar 2024	527.95	540.00	549.50	522.30	1.427 times
22 Fri Mar 2024	536.35	537.00	541.00	533.00	0.388 times
21 Thu Mar 2024	536.45	538.50	543.55	533.75	0.76 times
20 Wed Mar 2024	538.50	536.00	545.85	518.55	1 times

Stock of Shivalik Bimetal (SBCL) has showed a significant upmove. This could be a good time to enter in this stock!

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 582, for a target of 556.7 or 535.67

Share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Target	460.00
Downside Target	512.15
Downside Target	545.85
Downside Target	563.00
Downside Target	564.80
Downside Target	575.85
Upside Target	599.30
Upside Target	599.40
Upside Target	616.95

Intraday share price targets for Shivalik Bimetal (SBCL)

Target Type	Value
Downside Intraday Target	537.73
Downside Intraday Target	489.22
Upside Intraday Target	617.03
Upside Intraday Target	647.82
Downside Intraday Target	568.52

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	586.25	522.90	599.30	520.00	1.652 times
28 Thu Mar 2024	519.35	540.00	549.50	512.15	0.912 times
22 Fri Mar 2024	536.35	517.00	545.85	517.00	0.412 times
15 Fri Mar 2024	516.35	558.30	564.80	460.00	2.425 times
07 Thu Mar 2024	550.25	569.95	575.85	525.00	0.765 times

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shivalik Bimetal (SBCL)

Date	Monthly Closing Price	Open	High	Low	Volume
04 Thu Apr 2024	586.25	522.90	599.30	520.00	0.269 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 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 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 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 and the buying is gaining momentum.

MRSI is in positive zone. This is a BUY zone

Stock of Shivalik Bimetal is picking up buying momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 550.59 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.