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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 2025-04-24 View latest technical analysis

10 day averaged volume of Shilpa Medicare is 172682

Date	Daily Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	721.80	682.70	730.15	676.30	3.001 times
23 Wed Apr 2025	681.25	677.95	688.95	668.95	0.598 times
22 Tue Apr 2025	677.95	660.75	686.35	660.70	0.877 times
21 Mon Apr 2025	658.10	671.20	677.40	655.05	0.948 times
17 Thu Apr 2025	668.50	661.55	671.75	654.25	0.511 times
16 Wed Apr 2025	661.55	659.85	664.50	650.00	0.615 times
15 Tue Apr 2025	655.65	643.95	666.25	640.15	0.878 times
11 Fri Apr 2025	639.90	638.00	643.20	617.70	1.417 times
09 Wed Apr 2025	610.10	630.00	631.95	607.10	1.228 times
08 Tue Apr 2025	642.55	624.40	649.70	610.05	1.185 times

Stock of Shilpa Medicare (SHILPAMED) has showed a significant upmove. This could be a good time to enter in this stock!

Although my analysis for stock is bullish for shortterm, but stock is over bought and there are high chances of some profit booking tomorrow. You might want to sell the stock tomorrow in intra day with a stoploss of 719.4, for a target of 687.7 or 661.32

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
Downside Target	669.95
Downside Target	703.40
Upside Target	730.15
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	674.52
Downside Intraday Target	627.23
Upside Intraday Target	749.62
Upside Intraday Target	777.43
Downside Intraday Target	702.33

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	721.80	671.20	730.15	655.05	2.707 times
17 Thu Apr 2025	668.50	643.95	671.75	640.15	0.359 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

Price has moved up this week, and volume has increased substantially. This means that the move can continue in coming weeks.

Monthly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Monthly Closing Price	Open	High	Low	Volume
24 Thu Apr 2025	721.80	660.00	730.15	555.00	0.398 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 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 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 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 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 Strong and stock is gaining momentum.

MACD generated a BUY signal for Shilpa Medicare in short term and the buy signal is strong.

MACD line is moving upwards which means that SELL signal is weakening, and buying is picking up momentum.

Shilpa Medicare Stock is trading near its recent HIGHS, which reflects strong buying momentum in short term! Bulls are getting stronger in this stock.

Ichimoku cloud is of green color and prices are above the green 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 BUY signal in short term and the buying is gaining 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 669.17 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 positive

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