NSE Stock SHIVAUM Historical charts - Shiv Aum Steels Limited
Historical charts for Stock SHIVAUM - Share Shiv Aum Steels Limited trades in NSE
Technical analysis forecast of SHIVAUM 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 SHIVAUM SHIVAUM at this time. Stock is rising and might rise more.
It appears as if SHIVAUM SHIVAUM gave a large move recently.
Stock of SHIVAUM (SHIVAUM) is trading above an important moving average line, but it crossed this line recently, which means that it could show a small or a large fall soon enough depending on its trend.
My analysis of SHIVAUM is bullish for shortterm, but trade for tomorrow is selective. Take a BUY trade only if SHIVAUM stays above 297.9, but if it comes below 297.9, then a intra day sell could be more profitable.
If you take a sell trade below 297.9, then use 297.9 as stoploss and 289.53 as target. However if you take a buy trade in SHIVAUM, then use 297.9 as stoploss and 307.9 as target.
Tomorrow's movement Prediction of SHIVAUM appears strongly Bearish. This stock started falling as soon as it opened and never recovered during the session. Generally this happens when there is a negative sentiment following the stock, making it unattractive. There's a good chance that this downfall will continue tomorrow as well. However, if it manages to close higher than where it opened today, then there might be a chance of reversal.
Munafa value: 35
If this Munafa value is near or nearing 100, then this stock might show an upward movement. However, if this value is near or nearing 10, then this stock might very well show a downward movement.
If the Munafa value is near 50, then the stock might show a sideways movement.
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