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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 2024-04-09 View latest technical analysis

10 day averaged volume of Shivalik Bimetal is 115637

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	576.80	580.65	589.90	571.90	0.616 times
08 Mon Apr 2024	582.10	583.70	595.00	576.35	0.756 times
05 Fri Apr 2024	576.35	586.00	590.00	572.05	0.581 times
04 Thu Apr 2024	586.25	598.45	599.30	575.00	2.441 times
03 Wed Apr 2024	573.30	557.85	575.00	555.85	0.907 times
02 Tue Apr 2024	557.85	539.00	566.00	539.00	1.312 times
01 Mon Apr 2024	538.90	522.90	558.35	520.00	0.537 times
28 Thu Mar 2024	519.35	520.10	534.40	512.15	0.939 times
27 Wed Mar 2024	520.00	527.95	539.95	515.00	1.029 times
26 Tue Mar 2024	527.95	540.00	549.50	522.30	1.178 times

My analysis of stock is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if stock stays above 566.4, but if it comes below 566.4, then a intra day sell could be more profitable.
If you take a sell trade below 566.4, then use 566.4 as stoploss and 540.51 as target. However if you take a buy trade in stock , then use 566.4 as stoploss and 597.5 as target.

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	571.90
Downside Target	575.85
Upside Target	595.00
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	567.47
Downside Intraday Target	558.13
Upside Intraday Target	590.57
Upside Intraday Target	604.33
Upside Intraday Target	581.23

Weekly technical analysis of Shivalik Bimetal (SBCL)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Apr 2024	576.80	583.70	595.00	571.90	0.237 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
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

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
09 Tue Apr 2024	576.80	522.90	599.30	520.00	0.37 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

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 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 BUY. Signal strength is Strong 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 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 SELL signal for Shivalik Bimetal in short term but SELL signal is weak.

RSI is generating a BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL 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 558.2 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.