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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 2024-12-03 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 623137

Date	Daily Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	890.80	905.80	928.00	880.80	0.721 times
02 Mon Dec 2024	899.90	918.65	943.20	893.60	1.326 times
29 Fri Nov 2024	898.05	903.00	908.00	890.20	0.629 times
28 Thu Nov 2024	894.80	902.00	923.90	890.65	0.672 times
27 Wed Nov 2024	894.55	894.30	908.30	881.05	0.769 times
26 Tue Nov 2024	888.40	906.20	915.00	879.15	0.998 times
25 Mon Nov 2024	897.20	939.90	943.65	890.40	0.74 times
22 Fri Nov 2024	912.80	947.05	955.00	905.00	1.516 times
21 Thu Nov 2024	936.00	880.05	945.00	864.45	1.85 times
19 Tue Nov 2024	880.15	890.00	917.70	871.30	1.039 times

My analysis of stock is bullish for shortterm, and stock might move up till 906.1 or till 942.2. Use a stoploss of 875.95 and if this stock hits its stoploss, then it can fall down till 845.83

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	656.00
Downside Target	746.05
Downside Target	797.90
Downside Target	837.50
Downside Target	878.00
Upside Target	909.90
Upside Target	919.90
Upside Target	943.20
Upside Target	943.65
Upside Target	955.00
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	866.67
Downside Intraday Target	842.53
Upside Intraday Target	929.07
Upside Intraday Target	967.33
Upside Intraday Target	904.93

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Tue Dec 2024	890.80	918.65	943.20	880.80	0.537 times
29 Fri Nov 2024	898.05	939.90	943.65	879.15	0.782 times
22 Fri Nov 2024	912.80	873.00	955.00	837.50	1.5 times
14 Thu Nov 2024	873.25	853.70	909.90	810.10	3.158 times
08 Fri Nov 2024	852.00	837.90	878.00	810.00	0.859 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
03 Tue Dec 2024	890.80	918.65	943.20	880.80	0.157 times
29 Fri Nov 2024	898.05	844.50	955.00	810.00	1.709 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

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 positive, but buyers have become active on the stock recently. This cannot be a definite uptrend, specially if selected time duration is small.

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 negative, but trend is highly volatile. A longer duration price action analysis might give a better picture of the trend in this 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 SELL signal for Shilpa Medicare in short term but the sell signal is initial and weak.

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 getting stronger in this stock.

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 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 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 903.52 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.