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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 2025-01-10 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 331143

Date	Daily Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	777.15	802.00	807.35	773.60	1.23 times
09 Thu Jan 2025	808.75	833.40	835.70	800.05	0.472 times
08 Wed Jan 2025	834.60	848.00	848.00	816.60	0.66 times
07 Tue Jan 2025	842.70	814.60	845.45	810.95	0.955 times
06 Mon Jan 2025	814.60	839.45	839.45	804.10	0.839 times
03 Fri Jan 2025	839.45	838.80	843.45	831.00	0.867 times
02 Thu Jan 2025	834.80	819.35	852.45	818.65	1.404 times
01 Wed Jan 2025	817.55	818.80	825.00	811.25	0.561 times
31 Tue Dec 2024	815.50	780.05	821.50	780.05	1.643 times
30 Mon Dec 2024	783.75	796.00	807.95	768.95	1.472 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 783.4, but if it comes above 783.4, then a intra day buy could be more profitable.
If you take a sell trade below 783.4, then use 783.4 as stoploss and 753.4 as target. However if you take a buy trade in stock , then use 783.4 as stoploss and 808.34 as target.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	746.05
Upside 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	751.17
Downside Intraday Target	725.18
Upside Intraday Target	825.57
Upside Intraday Target	873.98
Upside Intraday Target	799.58

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
10 Fri Jan 2025	777.15	839.45	848.00	773.60	0.699 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
10 Fri Jan 2025	777.15	818.80	852.45	773.60	0.219 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 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 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 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 to mid term time period is neutral. A longer time frame might give a better analysis.

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 SELL. Signal strength is Weak and stock is gaining momentum.

MACD generated a SELL signal for Shilpa Medicare in short term and the sell 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. Bears are getting stronger in this stock.

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 SELL signal in short term and selling is picking up 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 814.48 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 negative.

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