(SHALPAINTS) Shalimar Paints complete technical analysis [charts+indicators] | Buy/Sell Shalimar Paints | (SHALPAINTS) share price targets
Complete technical analysis of Shalimar Paints (SHALPAINTS) by charts plus indicators, forecast predictions and share price targets for Shalimar Paints (SHALPAINTS)
Shalimar Paints trades in NSE in Furniture-Furnishing-Paints sector.
Showing technical analysis as on 2024-04-24 View latest technical analysis
10 day averaged volume of Shalimar Paints is 269459
Date | Daily Closing Price | Open | High | Low | Volume |
24 Wed Apr 2024 | 168.05 | 169.90 | 172.65 | 167.15 | 0.622 times |
23 Tue Apr 2024 | 169.10 | 174.75 | 176.75 | 167.30 | 0.956 times |
22 Mon Apr 2024 | 174.70 | 173.20 | 178.45 | 173.20 | 1.75 times |
19 Fri Apr 2024 | 172.10 | 165.00 | 173.80 | 165.00 | 1.2 times |
18 Thu Apr 2024 | 168.80 | 168.90 | 174.95 | 167.45 | 1.556 times |
16 Tue Apr 2024 | 164.90 | 163.50 | 166.50 | 162.85 | 0.249 times |
15 Mon Apr 2024 | 165.10 | 168.45 | 168.45 | 162.15 | 0.542 times |
12 Fri Apr 2024 | 168.90 | 172.80 | 174.15 | 167.65 | 0.867 times |
10 Wed Apr 2024 | 172.80 | 171.05 | 177.40 | 171.05 | 0.64 times |
09 Tue Apr 2024 | 170.70 | 177.95 | 181.50 | 169.05 | 1.375 times |
My analysis of stock is bearish for shortterm, and stock might move down till 165.3 or till 160. Use a stoploss of 169.69 and if the stock hits stoploss, then it can shoot up till 174.11
Share price targets for Shalimar Paints (SHALPAINTS)
Target Type | Value |
Downside Target | 150.70 |
Downside Target | 158.40 |
Downside Target | 162.15 |
Upside Target | 174.95 |
Upside Target | 178.45 |
Upside Target | 182.00 |
Upside Target | 183.00 |
Upside Target | 199.80 |
Upside Target | 210.15 |
Upside Target | 214.25 |
Upside Target | 224.15 |
Intraday share price targets for Shalimar Paints (SHALPAINTS)
Target Type | Value |
Downside Intraday Target | 163.98 |
Downside Intraday Target | 159.92 |
Upside Intraday Target | 175.28 |
Upside Intraday Target | 182.52 |
Upside Intraday Target | 171.22 |
Weekly technical analysis of Shalimar Paints (SHALPAINTS)
Date | Weekly Closing Price | Open | High | Low | Volume |
24 Wed Apr 2024 | 168.05 | 173.20 | 178.45 | 167.15 | 0.938 times |
19 Fri Apr 2024 | 172.10 | 168.45 | 174.95 | 162.15 | 0.947 times |
12 Fri Apr 2024 | 168.90 | 176.00 | 182.00 | 167.65 | 0.716 times |
05 Fri Apr 2024 | 176.00 | 166.75 | 183.00 | 166.75 | 1.09 times |
28 Thu Mar 2024 | 166.10 | 164.80 | 168.05 | 158.40 | 0.632 times |
Price has moved down 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 Shalimar Paints (SHALPAINTS)
Date | Monthly Closing Price | Open | High | Low | Volume |
24 Wed Apr 2024 | 168.05 | 166.75 | 183.00 | 162.15 | 0.472 times |
28 Thu Mar 2024 | 166.10 | 173.50 | 199.80 | 150.70 | 0.936 times |
29 Thu Feb 2024 | 173.45 | 201.90 | 210.15 | 165.00 | 0.515 times |
31 Wed Jan 2024 | 200.80 | 177.70 | 224.15 | 177.00 | 0.621 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 Shalimar Paints (SHALPAINTS)
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shalimar Paints stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shalimar Paints in short term but the buy signal is initial and weak.
Shalimar Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shalimar Paints in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shalimar Paints is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 170.48 and Shalimar Paints (SHALPAINTS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.
Shalimar Paints Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) 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 Shalimar Paints ( (SHALPAINTS) ) based on a short to mid term time period is negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small
Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a mid to longer term time period is definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.
ADX buy sell signal for Shalimar Paints stock for short term is SELL. Signal strength is Weak and stock is gaining momentum.
MACD generated a BUY signal for Shalimar Paints in short term but the buy signal is initial and weak.
Shalimar Paints Stock in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. Bears are getting stronger in this stock.
Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be coming down
CCI has generated a SELL signal for Shalimar Paints in short term and SELL signal is strong!
RSI is generating a BUY signal in short term and the buying is gaining momentum.
MRSI is in positive zone. This is a BUY zone
Stock of Shalimar Paints is picking up buying momentum according to indicator.
Volume based indicators are showing selling momentum.
Volume Weighted Averaged Price (VWAP) for short term is 170.48 and Shalimar Paints (SHALPAINTS) stock is trading below this level. This means that stock is falling with high volumes. VWAP is falling down
People seem to be coming out and selling the Shalimar Paints (SHALPAINTS) stock. Volume based technical analysis of Shalimar Paints (SHALPAINTS) stock is negative.
Shalimar Paints Stock has given negative returns over a short term period. Returns for a longer term period have been negative.
Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.
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Daily charts
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