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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 2025-12-09 View latest technical analysis

10 day averaged volume of Shalimar Paints is 76428

Date	Daily Closing Price	Open	High	Low	Volume
09 Tue Dec 2025	60.12	58.00	60.80	58.00	1.358 times
08 Mon Dec 2025	59.97	61.30	62.00	58.90	1.781 times
05 Fri Dec 2025	61.86	64.10	64.44	61.68	2.148 times
04 Thu Dec 2025	64.09	65.00	65.30	63.62	0.625 times
03 Wed Dec 2025	64.42	65.99	66.29	64.10	0.6 times
02 Tue Dec 2025	65.27	65.95	66.00	65.05	0.495 times
01 Mon Dec 2025	65.95	66.99	67.27	65.01	0.771 times
28 Fri Nov 2025	66.79	67.10	67.50	65.96	0.472 times
27 Thu Nov 2025	66.94	67.90	68.69	65.97	0.849 times
26 Wed Nov 2025	67.20	67.29	67.90	65.76	1.375 times

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 58.3, for a target of 63.2 or 67.27

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Target	58.00
Upside Target	61.68
Upside Target	65.66
Upside Target	67.27
Upside Target	70.57
Upside Target	72.90
Upside Target	76.80
Upside Target	78.93
Upside Target	79.00
Upside Target	82.99
Upside Target	88.47
Upside Target	88.71

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type	Value
Downside Intraday Target	58.08
Downside Intraday Target	56.04
Upside Intraday Target	62.08
Upside Intraday Target	64.04
Downside Intraday Target	60.04

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Tue Dec 2025	60.12	61.30	62.00	58.00	0.677 times
05 Fri Dec 2025	61.86	66.99	67.27	61.68	0.999 times
28 Fri Nov 2025	66.79	68.50	69.13	65.66	0.69 times
21 Fri Nov 2025	68.34	71.14	72.90	68.05	0.739 times
14 Fri Nov 2025	71.14	75.30	78.93	69.11	3.675 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
09 Tue Dec 2025	60.12	66.99	67.27	58.00	0.338 times
28 Fri Nov 2025	66.79	78.31	79.00	65.66	0.723 times
31 Fri Oct 2025	78.31	86.70	88.47	76.80	0.289 times
30 Tue Sep 2025	86.20	72.26	88.71	70.57	2.88 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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

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 and selling is picking up momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling might be slowing down

Stock of Shalimar Paints is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 63.39 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.