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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 2025-01-23 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 220013

Date	Daily Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	813.25	786.00	824.40	786.00	0.82 times
22 Wed Jan 2025	801.15	809.90	809.90	782.75	0.943 times
21 Tue Jan 2025	799.40	838.40	842.20	794.05	1.023 times
20 Mon Jan 2025	835.15	811.00	837.00	806.95	0.739 times
17 Fri Jan 2025	805.85	798.00	810.20	778.70	0.687 times
16 Thu Jan 2025	793.70	777.95	805.65	776.15	0.748 times
15 Wed Jan 2025	776.25	783.90	794.00	764.75	0.729 times
14 Tue Jan 2025	779.10	738.05	781.75	735.35	1.11 times
13 Mon Jan 2025	733.75	770.00	778.70	724.00	1.459 times
10 Fri Jan 2025	777.15	802.00	807.35	773.60	1.852 times

My analysis of stock is bullish for shortterm, and stock might move up till 831.1 or till 864. Use a stoploss of 803.77 and if this stock hits its stoploss, then it can fall down till 776.41

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	724.00
Downside Target	746.05
Downside Target	810.00
Upside Target	842.20
Upside Target	848.00
Upside Target	852.45
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	783.27
Downside Intraday Target	753.28
Upside Intraday Target	842.72
Upside Intraday Target	872.18
Downside Intraday Target	812.73

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
23 Thu Jan 2025	813.25	811.00	842.20	782.75	0.745 times
17 Fri Jan 2025	805.85	770.00	810.20	724.00	0.756 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

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
23 Thu Jan 2025	813.25	818.80	852.45	724.00	0.391 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 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 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 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 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 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 in short term is moving inside a range for now. Please check in a day or two to for a better buy sell signal. 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 moving up

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 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 785.87 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.