Mobile app version of munafa.org
Login or Join
 Learn then Earn

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

(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.

10 day averaged volume of Shalimar Paints is 161747

Date Daily Closing Price Open High Low Volume
04 Fri Oct 2024 133.78 136.00 138.71 133.10 0.961 times
03 Thu Oct 2024 135.81 137.00 139.99 134.80 0.83 times
01 Tue Oct 2024 138.11 136.65 138.78 136.65 0.643 times
30 Mon Sep 2024 136.29 137.60 139.75 135.80 0.766 times
27 Fri Sep 2024 138.78 139.00 141.23 137.00 0.839 times
26 Thu Sep 2024 138.18 138.90 141.69 136.45 1.409 times
25 Wed Sep 2024 138.39 138.70 140.98 135.15 1.18 times
24 Tue Sep 2024 138.75 143.95 144.80 137.40 1.248 times
23 Mon Sep 2024 143.83 141.28 148.06 141.28 1.638 times
20 Fri Sep 2024 141.28 140.95 144.00 140.10 0.661 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 135.9, but if it comes above 135.9, then a intra day buy could be more profitable.
If you take a sell trade below 135.9, then use 135.9 as stoploss and 131.1 as target. However if you take a buy trade in stock , then use 135.9 as stoploss and 139.89 as target.

Share price targets for Shalimar Paints (SHALPAINTS)

Target Type Value
Downside Target 132.10
Upside Target 139.99
Upside Target 145.50
Upside Target 148.06
Upside Target 148.65
Upside Target 152.69
Upside Target 154.00
Upside Target 159.00
Upside Target 162.80

Intraday share price targets for Shalimar Paints (SHALPAINTS)

Target Type Value
Downside Intraday Target 131.26
Downside Intraday Target 128.73
Upside Intraday Target 138.15
Upside Intraday Target 142.51
Upside Intraday Target 135.62

Weekly technical analysis of Shalimar Paints (SHALPAINTS)

Date Weekly Closing Price Open High Low Volume
04 Fri Oct 2024 133.78 137.60 139.99 133.10 0.507 times
27 Fri Sep 2024 138.78 141.28 148.06 135.15 0.75 times
20 Fri Sep 2024 141.28 145.00 154.00 138.70 0.847 times
13 Fri Sep 2024 144.85 136.99 148.65 134.55 1.188 times
06 Fri Sep 2024 136.73 137.45 145.50 133.01 1.933 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
04 Fri Oct 2024 133.78 136.65 139.99 133.10 0.072 times
30 Mon Sep 2024 136.29 137.45 154.00 133.01 1.502 times
30 Fri Aug 2024 137.09 152.50 152.69 132.10 0.68 times
31 Wed Jul 2024 151.38 137.50 162.80 137.00 1.64 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 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 Weak 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 BUY signal in short term and the buying is gaining 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 138.68 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 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 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 Weak 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 BUY signal in short term and the buying is gaining 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 138.68 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.

Click here for Shalimar Paints charts

Click here for further forecast and predictions for tomorrow

Daily charts

Daily Technical Analysis Weekly Analysis Monthly Analysis Renko chart MACD chart Bollinger Bands chart Stochastics charts Force Index charts

Daily chart
Back to top | Use Dark Theme