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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 2025-02-05 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 262954

Date	Daily Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	739.25	736.65	753.60	731.45	0.615 times
04 Tue Feb 2025	729.45	713.75	736.50	712.70	0.755 times
03 Mon Feb 2025	708.90	695.00	716.65	687.70	0.57 times
31 Fri Jan 2025	709.70	707.00	724.40	705.00	0.677 times
30 Thu Jan 2025	705.25	721.70	745.65	699.05	0.708 times
29 Wed Jan 2025	722.95	680.00	737.70	676.25	1.294 times
28 Tue Jan 2025	690.50	714.60	719.55	669.95	2.452 times
27 Mon Jan 2025	714.60	760.95	785.05	710.00	1.424 times
24 Fri Jan 2025	789.35	809.05	813.40	782.10	0.644 times
23 Thu Jan 2025	813.25	786.00	824.40	786.00	0.686 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 718.4 as stoploss in an intra day buy trade for a target of 761.67. However, stock will show a bearish move below 718.4.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	669.95
Downside Target	687.70
Downside Target	724.00
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	700.1
Downside Intraday Target	660.95
Upside Intraday Target	766
Upside Intraday Target	792.75
Downside Intraday Target	726.85

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
05 Wed Feb 2025	739.25	695.00	753.60	687.70	0.296 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 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
05 Wed Feb 2025	739.25	695.00	753.60	687.70	0.085 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 up 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 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 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 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 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 722.81 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 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.