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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.

10 day averaged volume of Shilpa Medicare is 142653

Date	Daily Closing Price	Open	High	Low	Volume
12 Mon May 2025	650.75	647.70	663.30	640.00	0.758 times
09 Fri May 2025	638.90	621.10	652.45	613.20	0.938 times
08 Thu May 2025	635.85	633.50	656.85	625.00	0.732 times
07 Wed May 2025	629.25	624.50	641.00	624.50	0.812 times
06 Tue May 2025	635.45	672.00	672.60	633.00	1.343 times
05 Mon May 2025	668.90	634.60	675.00	632.05	1.222 times
02 Fri May 2025	630.45	645.05	655.00	629.00	0.901 times
30 Wed Apr 2025	647.05	655.50	670.90	644.00	1.104 times
29 Tue Apr 2025	664.45	676.05	685.75	661.50	0.462 times
28 Mon Apr 2025	677.75	680.95	685.95	672.05	0.782 times

My analysis of stock is bearish for shortterm, and stock might move down till 632.3 or till 603. Use a stoploss of 656.72 and if the stock hits stoploss, then it can shoot up till 681.13

Share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Target	555.00
Downside Target	590.40
Downside Target	603.00
Downside Target	629.00
Upside Target	655.05
Upside Target	675.00
Upside Target	685.95
Upside Target	710.90
Upside Target	730.15
Upside Target	764.60
Upside Target	852.45

Intraday share price targets for Shilpa Medicare (SHILPAMED)

Target Type	Value
Downside Intraday Target	639.4
Downside Intraday Target	628.05
Upside Intraday Target	662.7
Upside Intraday Target	674.65
Upside Intraday Target	651.35

Weekly technical analysis of Shilpa Medicare (SHILPAMED)

Date	Weekly Closing Price	Open	High	Low	Volume
12 Mon May 2025	650.75	647.70	663.30	640.00	0.15 times
09 Fri May 2025	638.90	634.60	675.00	613.20	1.554 times
02 Fri May 2025	630.45	680.95	685.95	629.00	0.393 times
25 Fri Apr 2025	680.85	671.20	730.15	655.05	3.41 times
17 Thu Apr 2025	668.50	643.95	671.75	640.15	0.359 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
12 Mon May 2025	650.75	645.05	675.00	613.20	0.25 times
30 Wed Apr 2025	647.05	660.00	730.15	555.00	0.469 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

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 trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 positive, but trend is highly volatile. A longer time period analysis might give a better idea of the trend.

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 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 is trading near its recent LOWS in short term which reflects strong selling momentum. Bears are weakening, and bulls are picking up momentum!

Ichimoku cloud is of green color and prices are in or below 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 SELL signal in short term and selling is picking up momentum.

MRSI is in positive zone. This is a BUY zone

Although the stock is in the BUY zone, but buying 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 647.13 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.