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(SHILPAMED) Shilpa Medicare complete technical analysis [charts+indicators] | Buy/Sell Shilpa Medicare | (SHILPAMED) share price targets

Complete technical analysis of Shilpa Medicare (SHILPAMED) by charts plus indicators, forecast predictions and share price targets for Shilpa Medicare (SHILPAMED)

Shilpa Medicare trades in NSE in Pharmaceuticals sector.

Showing technical analysis as on 2024-09-19 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 485938

Date	Daily Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	848.05	912.70	923.50	835.00	1.625 times
18 Wed Sep 2024	901.90	883.00	959.50	880.15	1.562 times
17 Tue Sep 2024	880.60	895.15	901.00	872.05	0.527 times
16 Mon Sep 2024	894.70	905.20	924.00	885.05	1.086 times
13 Fri Sep 2024	882.85	890.90	920.00	870.95	1.142 times
12 Thu Sep 2024	892.50	878.65	908.75	878.65	1.094 times
11 Wed Sep 2024	875.45	845.00	904.40	836.00	1.445 times
10 Tue Sep 2024	841.90	836.90	855.90	830.05	0.493 times
09 Mon Sep 2024	831.75	813.15	847.00	813.15	0.744 times
06 Fri Sep 2024	810.15	830.35	832.30	796.45	0.604 times

My analysis of stock is bullish for shortterm, but stock is in semi over bought zones and there are some chances of seeing a fall tomorrow. Use 875.4 as stoploss in an intra day sell trade for a target of 814.6. However, stock will show a bullish move above 875.4.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	417.60
Downside Target	465.00
Downside Target	556.90
Downside Target	608.00
Downside Target	656.00
Downside Target	671.10
Downside Target	699.90
Downside Target	746.05
Downside Target	797.90
Downside Target	835.00
Upside Target	854.10
Upside Target	920.00
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	802.2
Downside Intraday Target	756.35
Upside Intraday Target	926.7
Upside Intraday Target	1005.35
Upside Intraday Target	880.85

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	848.05	905.20	959.50	835.00	0.976 times
13 Fri Sep 2024	882.85	813.15	920.00	813.15	1.097 times
06 Fri Sep 2024	810.15	770.00	854.10	746.05	0.483 times
30 Fri Aug 2024	767.40	699.90	797.90	699.90	6.156 times
23 Fri Aug 2024	697.80	678.55	721.00	671.10	1.111 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 Shilpa Medicare (SHILPAMED)

Date	Monthly Closing Price	Open	High	Low	Volume
19 Thu Sep 2024	848.05	770.00	959.50	746.05	0.72 times
30 Fri Aug 2024	767.40	684.45	797.90	656.00	0.929 times
31 Wed Jul 2024	681.00	569.80	708.60	559.00	1.263 times
28 Fri Jun 2024	569.60	498.00	608.00	417.60	1.234 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 Shilpa Medicare (SHILPAMED)

Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 Shilpa Medicare ( (SHILPAMED) ) based on a short to mid 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 Shilpa Medicare ( (SHILPAMED) ) based on a mid to longer 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.

ADX buy sell signal for Shilpa Medicare stock for short term is BUY. Signal strength is Strong and stock is losing momentum.

MACD generated a BUY signal for Shilpa Medicare in short term and the buy signal is strong.

Shilpa Medicare 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 green color and prices are in or below the green cloud Prices appear to be coming down

CCI has generated a SELL signal for Shilpa Medicare in short term and SELL signal is strong!

RSI is generating a BUY signal in short term but buying is losing momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying might be slowing down

Stock of Shilpa Medicare is picking up selling momentum according to indicator.

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 871.48 and Shilpa Medicare (SHILPAMED) stock is trading below this level. This means that stock is falling with high volumes. VWAP is rising upwards.

People seem to be coming out and selling the Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.

Shilpa Medicare Stock is giving positive returns over a short term period. Returns for a longer term period have been positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.