Stock analysis Shivalik Bimetal Con. Ltd SBCL
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Recent prices of SBCL Shivalik Bimetal Con. Ltd are as follows: Daily volume is divided by 10 day averaged volume
| Date | Close | Range | Change % | Volume |
| 28 Fri Jun 2024 | 581.35 | 576.95 to 592.10 | -0.67% | 0.42 times |
| 27 Thu Jun 2024 | 585.30 | 577.00 to 594.20 | -0.55% | 0.93 times |
| 26 Wed Jun 2024 | 588.55 | 546.00 to 619.40 | 8.11% | 6.57 times |
| 25 Tue Jun 2024 | 544.40 | 530.10 to 545.95 | 2.7% | 0.3 times |
| 24 Mon Jun 2024 | 530.10 | 522.30 to 538.75 | -0.17% | 0.41 times |
| 21 Fri Jun 2024 | 531.00 | 529.00 to 537.75 | 0.03% | 0.18 times |
| 20 Thu Jun 2024 | 530.85 | 526.10 to 540.90 | 0.11% | 0.39 times |
| 19 Wed Jun 2024 | 530.25 | 528.10 to 539.10 | -0.13% | 0.25 times |
| 18 Tue Jun 2024 | 530.95 | 529.00 to 560.00 | -1.23% | 0.45 times |
| 14 Fri Jun 2024 | 537.55 | 534.60 to 551.95 | -1.08% | 0.23 times |
| 13 Thu Jun 2024 | 543.40 | 540.55 to 566.00 | -3.05% | 0.29 times |
| 12 Wed Jun 2024 | 560.50 | 544.35 to 569.00 | 3.1% | 0.45 times |
Technical analysis forecast of Shivalik Bimetal Con. Ltd Stock is that its in a uptrend for shortterm, and I will avoid taking a SHORT or SELL trade in this stock. Look for opportunities to BUY or go LONG in Shivalik Bimetal Con. Ltd SBCL at this time. Stock is rising and might rise more.
It appears as if Shivalik Bimetal Con. Ltd SBCL gave a large move recently.
Stock of Shivalik Bimetal Con. Ltd (SBCL) is trading above an important moving average line, and it has been above this line for quite some time now. This is a good sign, and the stock might keep rising and move higher!
My analysis of Shivalik Bimetal Con. Ltd is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if Shivalik Bimetal Con. Ltd stays above 570.2, but if it comes below 570.2, then a intra day sell could be more profitable.
If you take a sell trade below 570.2, then use 570.2 as stoploss and 545.15 as target. However if you take a buy trade in Shivalik Bimetal Con. Ltd, then use 570.2 as stoploss and 600.2 as target.