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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 2024-11-13 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 197026

Date	Daily Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	824.85	871.70	875.50	810.10	1.482 times
12 Tue Nov 2024	875.55	894.00	909.90	867.55	1.734 times
11 Mon Nov 2024	894.00	853.70	905.00	833.55	2.491 times
08 Fri Nov 2024	852.00	849.00	878.00	816.05	1.094 times
07 Thu Nov 2024	844.05	846.95	875.50	840.00	0.706 times
06 Wed Nov 2024	846.70	838.85	850.00	835.00	0.604 times
05 Tue Nov 2024	833.55	815.50	844.40	810.00	0.394 times
04 Mon Nov 2024	819.20	837.90	837.90	813.10	0.452 times
01 Fri Nov 2024	842.75	844.50	863.00	838.00	0.214 times
31 Thu Oct 2024	844.15	844.65	852.10	827.15	1.253 times

My analysis of stock is bearish for shortterm, and stock might move down till 805.3 or till 771.5. Use a stoploss of 833.41 and if the stock hits stoploss, then it can shoot up till 861.54

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	559.00
Downside Target	656.00
Downside Target	708.60
Downside Target	746.05
Downside Target	765.10
Downside Target	797.90
Upside Target	833.60
Upside Target	863.00
Upside Target	878.00
Upside Target	909.90
Upside Target	919.90
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	786.67
Downside Intraday Target	748.48
Upside Intraday Target	886.47
Upside Intraday Target	948.08
Upside Intraday Target	848.28

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	824.85	853.70	909.90	810.10	1.757 times
08 Fri Nov 2024	852.00	837.90	878.00	810.00	0.859 times
01 Fri Nov 2024	842.75	782.50	863.00	765.10	0.71 times
25 Fri Oct 2024	782.50	862.00	865.00	774.90	0.941 times
18 Fri Oct 2024	863.10	879.70	919.90	833.60	0.905 times

Price has moved down this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Monthly Closing Price	Open	High	Low	Volume
13 Wed Nov 2024	824.85	844.50	909.90	810.00	0.381 times
31 Thu Oct 2024	844.15	812.00	919.90	747.10	0.576 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

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 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 term time period is neutral. A longer time frame might give a better analysis.

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 SELL. 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 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 red color and prices are below the red 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

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 858 and Shilpa Medicare (SHILPAMED) 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 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 negative.

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