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SBCL (SHIVALIK BIMETAL)
SHIVALIK BIMETAL CON. LTD
Long
SBCL (SHIVALIK BIMETAL)
By AsheeshArora
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Aug 13
0
Aug 13
Stock is at its right position for a new bull run. the reasons are as follows :
Daily RSI just up from 33 level
The stock bounced back from the 532 level which is the same as of 25th Jun
Volumes Rising above average volumes on 8th August
Stock has been in Darvas Box for the last 52 Weeks and now going up from the Floor levels
Fundamentally stock has cleared its Liabilities in the previous 4 qtr
FII stake has improved from last quarter
Risks:
Recent War Crisis
Chart Patterns
Technical Indicators
Wave Analysis
AsheeshArora
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