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 2024-10-18 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 250939

Date	Daily Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	863.10	860.60	871.55	833.60	0.542 times
17 Thu Oct 2024	858.85	881.55	888.80	851.95	0.537 times
16 Wed Oct 2024	887.30	887.00	919.90	871.95	1.72 times
15 Tue Oct 2024	885.80	860.00	890.00	852.60	1.019 times
14 Mon Oct 2024	859.50	879.70	890.50	849.00	0.629 times
11 Fri Oct 2024	872.35	861.00	878.00	852.05	0.737 times
10 Thu Oct 2024	861.00	827.90	870.30	827.00	1.084 times
09 Wed Oct 2024	826.80	820.15	839.00	815.00	0.505 times
08 Tue Oct 2024	820.15	751.60	827.00	747.10	1.207 times
07 Mon Oct 2024	756.25	806.95	816.60	751.55	1.379 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 871.1 as stoploss in an intra day sell trade for a target of 839.32. However, stock will show a bullish move above 871.1.

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
Downside Target	833.60
Upside Target	875.70
Upside Target	878.00
Upside Target	919.90
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	824.5
Downside Intraday Target	785.9
Upside Intraday Target	910.8
Upside Intraday Target	958.5
Upside Intraday Target	872.2

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
18 Fri Oct 2024	863.10	879.70	919.90	833.60	0.905 times
11 Fri Oct 2024	872.35	806.95	878.00	747.10	1.57 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

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
18 Fri Oct 2024	863.10	812.00	919.90	747.10	0.363 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 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 Weak 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 is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting tired and bears 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 SELL signal for Shilpa Medicare in short term but SELL signal is weak.

RSI is generating a SELL signal in short term and selling is picking up 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 846.77 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 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.