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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 2025-01-08 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 327980

Date	Daily Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	834.60	848.00	848.00	816.60	0.666 times
07 Tue Jan 2025	842.70	814.60	845.45	810.95	0.964 times
06 Mon Jan 2025	814.60	839.45	839.45	804.10	0.847 times
03 Fri Jan 2025	839.45	838.80	843.45	831.00	0.875 times
02 Thu Jan 2025	834.80	819.35	852.45	818.65	1.417 times
01 Wed Jan 2025	817.55	818.80	825.00	811.25	0.566 times
31 Tue Dec 2024	815.50	780.05	821.50	780.05	1.659 times
30 Mon Dec 2024	783.75	796.00	807.95	768.95	1.487 times
27 Fri Dec 2024	768.95	770.00	779.00	759.50	1.138 times
26 Thu Dec 2024	765.35	767.00	778.00	758.85	0.503 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 842.4 as stoploss in an intra day sell trade for a target of 814.03. However, stock will show a bullish move above 842.4.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	746.05
Downside Target	793.55
Upside Target	848.00
Upside Target	852.45
Upside Target	863.45
Upside Target	897.70
Upside Target	919.90
Upside Target	943.20
Upside Target	955.00
Upside Target	959.50

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	809.8
Downside Intraday Target	785
Upside Intraday Target	853.7
Upside Intraday Target	872.8
Downside Intraday Target	828.9

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Wed Jan 2025	834.60	839.45	848.00	804.10	0.413 times
03 Fri Jan 2025	839.45	796.00	852.45	768.95	1.514 times
27 Fri Dec 2024	768.95	814.90	818.95	758.85	0.677 times
20 Fri Dec 2024	813.15	816.00	863.45	799.85	0.496 times
13 Fri Dec 2024	815.15	857.95	897.70	793.55	1.599 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
08 Wed Jan 2025	834.60	818.80	852.45	804.10	0.166 times
31 Tue Dec 2024	815.50	918.65	943.20	758.85	1.301 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

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 sellers have recently become active on the stock. This cannot be called a strong downtrend, specially if selected time duration is small

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

MACD generated a BUY signal for Shilpa Medicare in short term but the buy 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 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 red color and prices are in or above the red cloud Prices appear to be coming down

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

RSI is generating a SELL signal in short term but selling is losing momentum.

MRSI is in negative zone. This is the SELL 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 811.77 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 negative.

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