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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 2025-02-03 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 266844

Date	Daily Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	708.90	695.00	716.65	687.70	0.562 times
31 Fri Jan 2025	709.70	707.00	724.40	705.00	0.667 times
30 Thu Jan 2025	705.25	721.70	745.65	699.05	0.698 times
29 Wed Jan 2025	722.95	680.00	737.70	676.25	1.275 times
28 Tue Jan 2025	690.50	714.60	719.55	669.95	2.416 times
27 Mon Jan 2025	714.60	760.95	785.05	710.00	1.404 times
24 Fri Jan 2025	789.35	809.05	813.40	782.10	0.634 times
23 Thu Jan 2025	813.25	786.00	824.40	786.00	0.676 times
22 Wed Jan 2025	801.15	809.90	809.90	782.75	0.778 times
21 Tue Jan 2025	799.40	838.40	842.20	794.05	0.843 times

My analysis of stock is bearish for shortterm, but trade for tomorrow is selective. Take a sell trade only if stock stays below 724.3, but if it comes above 724.3, then a intra day buy could be more profitable.
If you take a sell trade below 724.3, then use 724.3 as stoploss and 666.9 as target. However if you take a buy trade in stock , then use 724.3 as stoploss and 772.1 as target.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	669.95
Downside Target	687.70
Upside Target	716.65
Upside Target	747.10
Upside Target	810.00
Upside Target	810.20
Upside Target	842.20
Upside Target	848.00
Upside Target	852.45
Upside Target	919.90
Upside Target	943.20
Upside Target	955.00

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	692.18
Downside Intraday Target	675.47
Upside Intraday Target	721.13
Upside Intraday Target	733.37
Downside Intraday Target	704.42

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
03 Mon Feb 2025	708.90	695.00	716.65	687.70	0.087 times
31 Fri Jan 2025	709.70	760.95	785.05	669.95	1.825 times
24 Fri Jan 2025	789.35	811.00	842.20	782.10	0.907 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

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
03 Mon Feb 2025	708.90	695.00	716.65	687.70	0.025 times
31 Fri Jan 2025	709.70	818.80	852.45	669.95	0.571 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

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 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 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 Strong 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 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 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 but selling is losing 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 733.92 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.