Shivam auto has corrected 33% after a 70%+ move on Monthly which is a relative contraction. It is currently at 10 EMA on Monthly with 10ema still upsloping suggesting the stock might get a push from here till the nearest resistance point of 64.
On Weekly chart it is currently trading in the value zone of 20 & 50 EMA giving an inside bar. volumes have also tapered...
