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(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 2025-05-27 View latest technical analysis

10 day averaged volume of Shalimar Paints is 197336

Date	Daily Closing Price	Open	High	Low	Volume
27 Tue May 2025	102.28	103.20	103.20	101.00	0.617 times
26 Mon May 2025	103.59	103.32	104.94	101.35	1.41 times
23 Fri May 2025	102.78	100.80	103.56	99.99	0.565 times
22 Thu May 2025	100.68	100.00	105.10	99.95	1.809 times
21 Wed May 2025	100.97	102.00	106.10	99.40	2.378 times
20 Tue May 2025	101.15	103.70	103.99	100.99	0.34 times
19 Mon May 2025	102.88	102.03	104.21	101.83	0.447 times
16 Fri May 2025	102.03	101.25	103.00	100.40	0.657 times
15 Thu May 2025	100.84	101.10	102.31	100.15	0.665 times
14 Wed May 2025	100.96	106.00	106.00	100.10	1.045 times

My analysis of stock is bullish for shortterm, and stock might move up till 104.3 or till 107.1. Use a stoploss of 101.91 and if this stock hits its stoploss, then it can fall down till 99.54

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	92.10
Downside Target	95.50
Downside Target	98.36
Upside Target	104.94
Upside Target	106.10
Upside Target	107.00
Upside Target	110.79
Upside Target	112.58
Upside Target	119.20
Upside Target	121.04
Upside Target	141.13
Upside Target	144.00

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	100.54
Downside Intraday Target	98.8
Upside Intraday Target	104.48
Upside Intraday Target	106.68
Upside Intraday Target	102.74

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
27 Tue May 2025	102.28	103.32	104.94	101.00	0.366 times
23 Fri May 2025	102.78	102.03	106.10	99.40	1.58 times
16 Fri May 2025	102.03	103.00	106.00	100.10	2.161 times
09 Fri May 2025	96.69	102.89	105.81	95.50	1.562 times
02 Fri May 2025	102.57	109.30	110.79	101.10	0.384 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
27 Tue May 2025	102.28	104.99	107.00	95.50	0.997 times
30 Wed Apr 2025	104.99	99.45	119.20	92.10	0.623 times
28 Fri Mar 2025	98.71	110.05	112.58	98.36	1.239 times
28 Fri Feb 2025	107.83	131.25	141.13	100.49	0.889 times

Scroll below to view daily charts

Price has moved down 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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this stock.

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short to mid term time period is positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, 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 BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shalimar Paints in short term but the buy signal is initial and weak.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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. Bulls are getting tired and bears are picking up momentum.

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 101.63 and Shalimar Paints (SHALPAINTS) stock is trading above this level. This is a good sign for the stock and it could move higher. 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.