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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 2025-01-16 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 285396

Date	Daily Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	793.70	777.95	805.65	776.15	0.577 times
15 Wed Jan 2025	776.25	783.90	794.00	764.75	0.562 times
14 Tue Jan 2025	779.10	738.05	781.75	735.35	0.856 times
13 Mon Jan 2025	733.75	770.00	778.70	724.00	1.125 times
10 Fri Jan 2025	777.15	802.00	807.35	773.60	1.428 times
09 Thu Jan 2025	808.75	833.40	835.70	800.05	0.548 times
08 Wed Jan 2025	834.60	848.00	848.00	816.60	0.766 times
07 Tue Jan 2025	842.70	814.60	845.45	810.95	1.108 times
06 Mon Jan 2025	814.60	839.45	839.45	804.10	0.974 times
03 Fri Jan 2025	839.45	838.80	843.45	831.00	1.006 times

My analysis of stock is bearish for shortterm, and stock might move down till 769 or till 733.5. Use a stoploss of 798.62 and if the stock hits stoploss, then it can shoot up till 828.23

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	743.25
Downside Intraday Target	692.8
Upside Intraday Target	824.9
Upside Intraday Target	856.1
Downside Intraday Target	774.45

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Thu Jan 2025	793.70	770.00	805.65	724.00	0.647 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
16 Thu Jan 2025	793.70	818.80	852.45	724.00	0.304 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 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 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 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 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 Weak and stock is losing momentum.

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

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

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 weakening, and bulls are picking up momentum!

Ichimoku cloud is of red color and prices are in or above 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 and selling is picking up 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 798.94 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.