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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 2025-01-14 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 317905

Date	Daily Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	779.10	738.05	781.75	735.35	0.768 times
13 Mon Jan 2025	733.75	770.00	778.70	724.00	1.01 times
10 Fri Jan 2025	777.15	802.00	807.35	773.60	1.282 times
09 Thu Jan 2025	808.75	833.40	835.70	800.05	0.492 times
08 Wed Jan 2025	834.60	848.00	848.00	816.60	0.688 times
07 Tue Jan 2025	842.70	814.60	845.45	810.95	0.995 times
06 Mon Jan 2025	814.60	839.45	839.45	804.10	0.874 times
03 Fri Jan 2025	839.45	838.80	843.45	831.00	0.903 times
02 Thu Jan 2025	834.80	819.35	852.45	818.65	1.462 times
01 Wed Jan 2025	817.55	818.80	825.00	811.25	0.584 times

My analysis of stock is bearish for shortterm, but stock is semi over sold and there are some chances of seeing a recovery tomorrow. Use 772.5 as stoploss in an intra day buy trade for a target of 802.69. However, stock will show a bearish move below 772.5.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	724.00
Downside Target	746.05
Upside Target	799.85
Upside Target	848.00
Upside Target	852.45
Upside Target	863.45
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	741.48
Downside Intraday Target	703.87
Upside Intraday Target	799.23
Upside Intraday Target	819.37
Downside Intraday Target	761.62

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
14 Tue Jan 2025	779.10	770.00	781.75	724.00	0.411 times
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

Price has moved up 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
14 Tue Jan 2025	779.10	818.80	852.45	724.00	0.273 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 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 definitely negative. This means that there is a strong downtrend in the stock for given time period. Sellers are extremely active on this stock.

ADX buy sell signal for Shilpa Medicare stock for short term is SELL. Signal strength is Strong and stock is losing momentum.

MACD generated a SELL signal for Shilpa Medicare in short term and the sell signal is strong.

Shilpa Medicare Stock is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are getting stronger in this stock.

Ichimoku cloud is of red color and prices are below the red cloud Prices appear to be moving up

CCI has generated a buy signal for Shilpa Medicare in short term but BUY signal is weak.

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

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 807.49 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.