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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 2025-07-28 View latest technical analysis

10 day averaged volume of Shalimar Paints is 130907

Date	Daily Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	83.24	85.40	86.57	82.80	3.081 times
25 Fri Jul 2025	84.52	92.29	92.68	84.10	5.126 times
24 Thu Jul 2025	92.29	94.20	94.88	91.83	1.057 times
23 Wed Jul 2025	93.28	95.90	96.25	92.56	1.356 times
22 Tue Jul 2025	95.76	96.10	96.50	95.54	0.215 times
21 Mon Jul 2025	96.21	96.00	96.81	96.00	0.354 times
18 Fri Jul 2025	96.62	97.02	97.69	96.12	0.196 times
17 Thu Jul 2025	97.40	98.00	98.43	97.15	0.368 times
16 Wed Jul 2025	97.89	97.97	99.05	96.82	0.583 times
15 Tue Jul 2025	97.37	96.40	98.29	96.21	0.531 times

Stock of Shalimar Paints (SHALPAINTS) has showed a significant fall. This could be a good time to exit from this stock.

Although my analysis for stock is bearish for shortterm, but stock is in heavy over sold zones and there are high chances of some recovery tomorrow. You might want to buy the stock tomorrow in intra day with a stoploss of 86.3, for a target of 91 or 95

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	82.80
Upside Target	86.57
Upside Target	92.10
Upside Target	94.37
Upside Target	98.70
Upside Target	99.05
Upside Target	99.49
Upside Target	107.00
Upside Target	107.76
Upside Target	112.58
Upside Target	119.20

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	81.84
Downside Intraday Target	80.43
Upside Intraday Target	85.61
Upside Intraday Target	87.97
Upside Intraday Target	84.2

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
28 Mon Jul 2025	83.24	85.40	86.57	82.80	0.38 times
25 Fri Jul 2025	84.52	96.00	96.81	84.10	4.286 times
18 Fri Jul 2025	96.62	96.60	99.05	95.71	0.682 times
11 Fri Jul 2025	96.68	96.10	99.49	95.15	0.618 times
04 Fri Jul 2025	95.93	96.36	98.70	95.61	0.789 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
28 Mon Jul 2025	83.24	97.97	99.49	82.80	0.545 times
30 Mon Jun 2025	96.97	100.45	107.76	94.37	1.619 times
30 Fri May 2025	99.93	104.99	107.00	95.50	1.114 times
30 Wed Apr 2025	104.99	99.45	119.20	92.10	0.623 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

Price action analysis of Shalimar Paints ( (SHALPAINTS) ) based on a short to mid 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.

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 Strong and stock is gaining momentum.

MACD generated a SELL signal for Shalimar Paints in short term and the sell signal is strong.

Shalimar Paints Stock is trading near its recent LOWS in short term which reflects strong selling momentum. 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 SELL signal in short term but selling is losing 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 87.97 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.