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

(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 2024-10-09 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 221229

Date	Daily Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	826.80	820.15	839.00	815.00	0.573 times
08 Tue Oct 2024	820.15	751.60	827.00	747.10	1.369 times
07 Mon Oct 2024	756.25	806.95	816.60	751.55	1.565 times
04 Fri Oct 2024	802.30	809.50	835.45	791.00	1.34 times
03 Thu Oct 2024	805.70	830.00	830.00	786.90	0.814 times
01 Tue Oct 2024	835.70	812.00	839.95	806.05	0.751 times
30 Mon Sep 2024	813.50	805.05	824.00	795.75	0.645 times
27 Fri Sep 2024	807.30	825.00	835.40	802.40	0.55 times
26 Thu Sep 2024	827.40	845.05	850.25	819.05	0.861 times
25 Wed Sep 2024	843.90	825.00	848.00	816.00	1.391 times

My analysis of stock is bearish for shortterm, and stock might move down till 806.8 or till 762.5. Use a stoploss of 843.73 and if the stock hits stoploss, then it can shoot up till 880.65

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	417.60
Downside Target	559.00
Downside Target	608.00
Downside Target	656.00
Downside Target	708.60
Downside Target	746.05
Downside Target	786.90
Upside Target	835.00
Upside Target	839.95
Upside Target	875.70
Upside Target	920.00
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	769.6
Downside Intraday Target	712.4
Upside Intraday Target	861.5
Upside Intraday Target	896.2
Downside Intraday Target	804.3

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
09 Wed Oct 2024	826.80	806.95	839.00	747.10	0.988 times
04 Fri Oct 2024	802.30	805.05	839.95	786.90	0.809 times
27 Fri Sep 2024	807.30	872.00	875.70	802.40	0.38 times
20 Fri Sep 2024	866.65	905.20	959.50	835.00	1.07 times
13 Fri Sep 2024	882.85	813.15	920.00	813.15	1.097 times

Price has moved up 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
09 Wed Oct 2024	826.80	812.00	839.95	747.10	0.172 times
30 Mon Sep 2024	813.50	770.00	959.50	746.05	0.86 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

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

Price action analysis of Shilpa Medicare ( (SHILPAMED) ) 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 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 SELL. Signal strength is Weak and stock is losing momentum.

MACD generated a SELL signal for Shilpa Medicare in short term but the sell signal is initial and weak.

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

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. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are above the green cloud Prices appear to be moving up

CCI has generated a buy signal for Shilpa Medicare in short term and BUY 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

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

Volume based indicators are showing selling momentum.

Volume Weighted Averaged Price (VWAP) for short term is 810.79 and Shilpa Medicare (SHILPAMED) 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 Shilpa Medicare (SHILPAMED) stock. Volume based technical analysis of Shilpa Medicare (SHILPAMED) stock is negative.

Shilpa Medicare Stock has given negative 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.