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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 2025-04-08 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 232236

Date	Daily Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	642.55	624.40	649.70	610.05	0.881 times
07 Mon Apr 2025	609.65	555.00	615.00	555.00	1.297 times
04 Fri Apr 2025	629.60	666.50	673.40	625.00	1.096 times
03 Thu Apr 2025	676.75	660.00	707.70	660.00	2.337 times
02 Wed Apr 2025	648.10	654.00	658.00	645.00	0.378 times
01 Tue Apr 2025	657.30	660.00	671.10	645.25	0.543 times
28 Fri Mar 2025	663.40	685.10	695.70	645.00	1.342 times
27 Thu Mar 2025	683.70	665.90	687.95	662.10	0.754 times
26 Wed Mar 2025	670.40	675.00	681.00	662.95	0.692 times
25 Tue Mar 2025	674.10	700.00	703.40	670.00	0.691 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 636.5 as stoploss in an intra day buy trade for a target of 658.02. However, stock will show a bearish move below 636.5.

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	555.00
Downside Target	590.40
Downside Target	603.00
Downside Target	625.00
Upside Target	645.00
Upside Target	669.95
Upside Target	691.00
Upside Target	710.90
Upside Target	758.85
Upside Target	764.60
Upside Target	852.45
Upside Target	943.20

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	581.8
Downside Intraday Target	521.05
Upside Intraday Target	676.5
Upside Intraday Target	710.45
Downside Intraday Target	615.75

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
08 Tue Apr 2025	642.55	555.00	649.70	555.00	0.5 times
04 Fri Apr 2025	629.60	660.00	707.70	625.00	1.001 times
28 Fri Mar 2025	663.40	690.00	703.40	645.00	0.21 times
21 Fri Mar 2025	682.50	644.90	710.90	626.15	5.866 times
13 Thu Mar 2025	628.55	671.40	691.00	625.15	0.533 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
08 Tue Apr 2025	642.55	660.00	707.70	555.00	0.185 times
28 Fri Mar 2025	663.40	619.90	710.90	590.40	1.597 times
28 Fri Feb 2025	610.10	695.00	764.60	603.00	0.85 times
31 Fri Jan 2025	709.70	818.80	852.45	669.95	0.571 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 negative, but sellers have recently become active on the stock. This cannot be called a strong downtrend, 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 BUY signal in short term and the buying is gaining momentum.

MRSI is in negative zone. This is the SELL zone

Although the stock is in the SELL zone, but selling 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 655.86 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.