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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 2025-04-16 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 243690

Date	Daily Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	661.55	659.85	664.50	650.00	0.436 times
15 Tue Apr 2025	655.65	643.95	666.25	640.15	0.622 times
11 Fri Apr 2025	639.90	638.00	643.20	617.70	1.004 times
09 Wed Apr 2025	610.10	630.00	631.95	607.10	0.87 times
08 Tue Apr 2025	642.55	624.40	649.70	610.05	0.839 times
07 Mon Apr 2025	609.65	555.00	615.00	555.00	1.236 times
04 Fri Apr 2025	629.60	666.50	673.40	625.00	1.045 times
03 Thu Apr 2025	676.75	660.00	707.70	660.00	2.227 times
02 Wed Apr 2025	648.10	654.00	658.00	645.00	0.36 times
01 Tue Apr 2025	657.30	660.00	671.10	645.25	0.517 times

My analysis of stock is bullish for shortterm, and stock might move up till 680 or till 707.9. Use a stoploss of 656.75 and if this stock hits its stoploss, then it can fall down till 633.5

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
Downside Target	640.15
Upside Target	666.25
Upside Target	703.40
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	645.72
Downside Intraday Target	629.88
Upside Intraday Target	671.82
Upside Intraday Target	682.08
Downside Intraday Target	655.98

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
16 Wed Apr 2025	661.55	643.95	666.25	640.15	0.268 times
11 Fri Apr 2025	639.90	555.00	649.70	555.00	0.952 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

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 Wed Apr 2025	661.55	660.00	707.70	555.00	0.273 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 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 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 BUY. Signal strength is Weak and stock is gaining 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 stronger in this stock.

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 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 644.42 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 positive

Force Index is moving in a negative zone, which indicates selling momentum for short term... Selling momentum is getting weaker.